Stocks remained strong overall in December, but Intel (INTC) has been a noticeable laggard. The pink line shows the INTC:$NDX ratio. This relative strength comparative rises when Intel outperforms the Nasdaq 100 ($NDX) and falls when Intel underperforms. Intel has been lagging since mid November, which is when this ratio peaked.
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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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