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Relative Strength

Started by pkamm, 02/21/2009 05:00AM
Posted 02/21/2009 05:00AM | Edited 02/21/2009 05:01AM Opening Post
Interestingly, while the S&P500 is revisiting its November lows, the Nasdaq is still 15% above its. Interestingly, while as a sector it doesn't get any financial press anymore, tech is quietly outperforming the market at large.

Of course, the gold mining index is also, though this group has now doubled in just 4 months.

Financials remain the weakest group by far, smashing to all-new lows the last several days. The BKX as an index has lost 84% of its value over the last 24 months.