What kind of industry groupings do you track at your site?
I'm finding now that some of the early leaders showing up
are quite similar to last January before the market bottomed.
Namely, stocks in the software and services areas which are
not directly impacted by Asia. I listed below some of them
from this week's AIQ group reporting:
Five of the top ten industry groups for last 12 days are:
Software-Internet CNWK,SEEK,XCIT,MSPG,ICMT,USWB
Software-Systems Mgmt MUSE,NOVL,CTXS,[MSFT],[CA],[BMCS]
Software-Enterprise IMNT,PRGS,LGTO,VRTS,PSDI,JDEC,GEOC,AVTC,DCTM,[ORCL]
Software-Medical ACCS,MEDQ,INC,[HBOC],[SMS]
Computer-Services CLMT,CBSL,WHIT,SPRI
The ones in brackets weren't in the top-performing stocks list for
last 12 days. The rest were up 15% or more.
Software-Internet and Software-Systems Mgmt were also among the top
groups for last 65 days. I'm also starting to find more stocks
making new highs in the Telecom-Services and Commercial Services-Misc
Services as in December. |
