Don't Ignore This Chart!

Cisco and Network Appliance Show Biggest Gains in StockCharts Technical Rank

Chartists can view the StockCharts Technical Rank (SCTR) for stocks in the S&P 500, S&P SmallCap 600, S&P MidCap 400 and Toronto Stock Exchange. These ranks can be sorted by change to find the biggest movers. Simply click the column heading the sort. Cisco (CSCO), Network Appliance (NTAP) and Molson Coors (TAP) are leading Thursday’s charge.

Screen Shot 2013-05-16 at 17.50.42
Click this image for a live table.

PowerShares Energy Trust Leads Rebound in Commodity Trusts

The chart below shows six commodity group ETFs from PowerShares. The Silver Trust (DBS) and Precious Metals Trust (DBP) are the weakest year-to-date, while the Energy Trust (PBE)  and Oil Trust (DBO) the only ones with gains, albeit small gains. These year-to-date gains stem from strength in Natural Gas ($NATGAS) and the recent rebound in West Texes Intermediate ($WTIC).

Screen Shot 2013-05-13 at 7.56.20 PM
Click this image for a live chart.

Defensive Sectors Run out of Gas

The S&P 500 ETF (SPY) surged to new highs in May, but the defensive sectors did not go along for the ride. The CandeGlance charts below show the Healthcare SPDR (XLV), Consumer Staples SPDR (XLP) and Utilities SPDR (XLU) peaking in late April. XLP and XLV have traded flat, while XLU declined below its 20-day moving average.

Screen Shot 2013-05-09 at 17.26.32
 Click this image for a live chart.

Nasdaq Outperforms NY Composite for First Time This Year

The Nasdaq underperformed the NY Composite ($NYA) from September to January as the $COMPQ:$NYA ratio plunged for five months (yellow area). The ratio stabilized over the last few months, but the Nasdaq did not start outperforming until this week when the ratio broke above its January high. The Nasdaq is now leading the NY Composite this year. 

130503compq
 Click this image for a live chart

Microsoft and Intel Leave Google and Amazon in the Dust

The Nasdaq 100 ETF (QQQ) sprang to life in April with the help of two unusual suspects. We would normally expect Google, Amazon or Apple to lead a big tech rally, but April saw the return of old tech as Microsoft and Intel stole the show. Both were up double digits and up more than five times their nearest competitor.

Screen Shot 2013-05-02 at 13.49.41
 Click this image for a live chart

A Few Greenies in a Sea of Red as AMD Surges

The stock market was down sharply on Wednesday, but there were a few big gainers. Chartists can spot the rebels by looking for green on the Sector Market Carpet. Today, we have AMD surging over 14% and T-Mobile (TMUS) advancing over 6%. Three of the top five gainers came from the technology sector.

Screen Shot 2013-05-01 at 22.25.57
 Click this image for a live chart

Tables Turn as Techs Lead and Defensive Sectors Lag

After months of leadership from the three defensive sectors, the tables turned over the last seven days as the Technology SPDR (XLK) started leading the market. Notice that the Healthcare SPDR (XLV) and Consumer Staples SPDR (XLP) are actually down since 22-April, while the Utilities SPDR (XLU) is up less than the S&P 500.

Screen Shot 2013-04-30 at 22.38.15
 Click this image for a live chart

Consumer Discretionary and Finance Sectors Lead the Rebound

After a sharp decline last week, stocks recovered with bounce the last three days. The Sector PerfChart shows the Consumer Discretionary SPDR (XLY), Finance SPDR (XLF) and Basic Materials SPDR (XLB) leading this bounce. Also note that the Consumer Staples SPDR (XLP) and Healthcare SPDR (XLV) are also outperforming because they are up more than the S&P 500 ETF (SPY). The other four sectors are lagging.

Screen Shot 2013-04-24 at 10.15.28
 Click this image for a live chart

Finding the Winners in a Sea of Red

Stocks were hit with across the board selling on Wednesday. All sectors were down, but there were a few stocks that bucked the selling pressure. As the Market Carpet shows, there are at least ten advancing stocks, which are represented by the green or greenish squares. A list can be seen on the left of the Market Carpet.

Screen Shot 2013-04-17 at 22.38.26
 Click this image for a live chart

Coca-Cola leads Consumer Staples SPDR with 5% Surge

After falling 2.5% on Monday, Coca-Cola (KO) recovered with a 5+ percent surge to lead the Consumer Staples SPDR (XLP) higher on Tuesday. KO Has been one of the top performing stocks in 2013 and XLP has been one of the top performing sectors.

130416ko
Click this image for a live chart

Other StockCharts Blogs

Subscribe to this blog