SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : stocks for medium & long-term hold durations

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rimshot who wrote (405)1/29/2023 9:08:40 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

  Read Replies (1) of 426
 
* strong positive improvement in Relative Strength today vs. SPY - for 3 of 11 S&P 500 sectors -
XLY - XLRE - XLC

* not counting XLP, 3 of 11 S&P sectors strongly under performed SPY on this single day - XLE - XLV - XLB

* 4 of 11 S&P 500 sectors were virtually neutral because of the small size
of their one-day Percentage change in Relative Strength vs. the SPY price action

a new multi-year low was printed January 10 for the $OEX vs. $SPX ratio
( .443400 = newest multi-year low )

stockcharts.com

stockcharts.com

* Friday January 27 eod update

repeat content showing the total Percentage Change in RS since December 30, 2022
& updated for the January 27 close -

individual S&P 500 sector symbol vs. SPY ratio since the December 30, 2022 close
( total percentage change in the relative strength since the December 30 close )

gainers:

XLY - big gainer at 7.9% total increase in Relative Strength since December 30, 2022
XLC - big gainer at 8.6% increase in RS
XLK - 3.6% increase in RS
XLRE - 3.0% increase in RS
XLB - 1.2% increase in RS

losers:

XLP - big loser at 7.9% decrease in Relative Strength since December 30, 2022
XLU - big loser at 7.9% decrease in RS
XLV - big loser at 7.8% decrease in RS
XLI - 2.9% decrease in RS
XLE - 1.7% decrease in RS
XLF - 0.1% decrease in RS

positive 0.29% = $OEX vs. $SPX daily ratio total Percentage increase since December 30, 2022 close

*Note - the $OEX vs. $SPX ratio's total Percentage change since Dec. 30 rested below its zero line
through the January 25 close, and only advanced above the zero line
at the January 26 and January 27 closes
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext