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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (56756)6/30/2012 4:41:18 PM
From: Return to Sender2 Recommendations  Read Replies (1) | Respond to of 95368
 
From Bespoke Invest.com:

bespokeinvest.com
S&P 500 Sector Breadth
Friday, June 29, 2012 at 11:05AM
Today's rally for the S&P 500 has put the index back above its 50-day moving average for the time being. As shown below, 56% of the underlying stocks in the index are now above their 50-days as well. We haven't been able to remain above 50% for longer than a day over the past two months. Will this time be different?



Of the cyclical sectors, only the Financial sector has more than 50% of its stocks above their 50-days. Technology, Industrials, Energy, Consumer Discretionary and Materials have all seen nice bounces in breadth, but their readings are still in the 40s.

The defensives, on the other hand, all have more than 50% of their stocks above their 50-days, with Utilities having the strongest reading at 94%. Telecom ranks second best at 75%, followed by Health Care at 73% and Consumer Staples at 68%.