Industry Leadership Strengthens During Quiet Week

By | November 22, 2013

Scalper1 News

Stocks recovered quietly Thursday and Friday, giving the market a mild nudge ahead of the shortened Thanksgiving week. But leading industries were busy. Over the past four weeks, six industries slipped from the top 20 ranks. Since the beginning of October, 11 of the top industries turned over. IBD tracks industry action closely because research has shown as much as 50% of a leading stock’s advance owes to its industry and sector strength. A number Scalper1 News

Scalper1 News