The Sector Market Carpet shows gains across eight of the nine sectors over the last four days. The energy sector is the only one not sporting a gain this week. Notice that the "bottom 5" performing stocks come from this sector as well. The finance is the strong with 3 of the "top 5" performing stocks coming from this sector.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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