The IBD Industry Groups Bell Curve was mostly unchanged on the week with only a -0.04% move, closing the week at 36.53%.  The amount of groups in Stage 4 decreased by -1 (-0.5%), and the amount of groups in Stage 2 decreased by -2 (-1%), while the amount groups in Stage 1 or Stage 3 increased by -3 (+1.5%)...

Custom Percentage of Stocks Above Their 50 Day, 150 Day & 200 Day Moving Averages Combined Market Breadth Charts for the Overall US Market, NYSE and Nasdaq for Market Timing and Strategy.

The purpose of the Relative Strength (RS) tables is to track the short, medium and long term RS changes of the individual groups to find the new leadership earlier than the crowd...

The midweek video is a group focus on the Coal group and stocks, which led the market through the majority of 2021 and early 2022, and has multiple stocks closing the year above a +100% gain and three quarters of the stocks with more than a +20% gain year to date. However, the group and its stocks have weakened in late Stage 3 type structures over the last 8 months or so, and hence it is vulnerable to a potential Stage 4 breakdown attempt...

The IBD Industry Groups Bell Curve declined by a further -2.96% this week, edging it slightly further into the Stage 4 territory...

Custom Percentage of Stocks Above Their 50 Day, 150 Day & 200 Day Moving Averages Combined Market Breadth Charts for the Overall US Market, NYSE and Nasdaq for Market Timing and Strategy.

The purpose of the Relative Strength (RS) tables is to track the short, medium and long term RS changes of the individual groups to find the new leadership earlier than the crowd...

The Stage Analysis members weekend video begins this week with a special focus on the Home Construction Group stocks, of which multiple stocks within the group made a Stage 2 breakout attempt this week against the weak market action...

The IBD Industry Groups Bell Curve shows the distribution of the 200 IBD Narrow Industry Groups on a point and figure buy signal, plotted as a bell curve and includes the data tables of the 200 groups in relative strength order and the position changes over the last 1, 2 and 4 weeks.

The purpose of the Relative Strength (RS) tables is to track the short, medium and long term RS changes of the individual groups to find the new leadership earlier than the crowd...