Based on Chartlabpro.com proprietary algorithm the above are the strongest S&P 500 names on 7.30.12. If you look at the 5 day trend of these names by sector, the aggressive sectors are certainly are not leading.
Below we have WMT. After 70 days and a 20% gain we are finally seeing the name overbought.
And the trend continues for telecom names, T and VZ are starting to get extended, but S - Sprint may have further upside.
All analysis is done by our prorpitary algorithms and past performance is not indicative of future results.
For your free trial go to www.chartlabpro.com
07-30-2012 6:05 PM