Top 10 Sectors & Stocks by Relative Strength (weekly update)

Use this tool to buy the right sector ETFs or their leading stocks by RS:

Weighted - Industry Name - Chart - Top Names
Alpha

+79.65 Coal Chart : WLB, ANR, PVG, AHGP
+71.91 Fertilizers Chart : TRA, CF, POT
+29.86 Oil - International Specialty Chart : ISRL, STOSY
+21.55 Oil - US Royalty Trusts Chart : SBR, MTR, PBT
+19.88 Steel - Producers Chart : FSTR, SHLO, SIM, ROCK, X
+26.70 Transportation - Rail Chart : NCS, KSU, UNP
+07.75 Oil - US Exploration & Product Chart : FXEN, PNRG, ZN, PHX, MCF
+07.39 Oil Field Machinery & Equip Chart : LUFK, CFK, GIFI, TTES
+10.32 Pollution Controls Chart : HW, TTEK, CCC, PMFG, MPR, RSG

Ranking of the stocks in each sector is done via Weighted Alpha, which is a rating of growth patterns in a one-year period. The calculation is such that the most recent prices have a higher weighting in the calculation of the Alpha. The higher the weighted alpha, the larger the growth. A stock whose price has not changed in the period will have a small weighted alpha. A stock whose price has dropped over the year will have a negative weighted alpha.
(click on the sector name above to see the entire list.)

RELATED LINKS:

Why RSI is one of the best short-term indicators & RSI DEFINED

Top 100 Stocks for August 5th By Relative Strength

Morpheus offers a very useful ETF guide

MARKETS AT A GLANCE

Indices ETFs by Relative Strength

ETF Gainers, Decliners, & Most Actives from the WSJ

Stocks by Sector/Industry plus: SECTOR ETFs Summaries

According to Benjamin F. King in his “The Latent Statistical Structure of Securities Price Changes,” 50% of a stock’s price movement can be attributed to the overall movement in the market, 30% to the movement in its sector and only 20% on its own. So, if you must pick individual stocks, use fundamental analysis for stock selection and technical analysis for the timing of purchasing or selling. Do not ignore market risk, however.

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An interesting oil site is McDep.com --which dubs itself as independent energy valuation.