If you look at the sectors closely you will notice that there has been large scale buying in some of these groups. The buying happened before the rally started. Some of these sectors will accelerate at some stage. I am keeping a close watch on some of the stocks in this sector which have high momentum. Retailers rallying is always a good sign. I would like to see Internet sector in this group. That sector has been the market leader for last 3-4 years.
Even though I look at sectors on daily basis, bulk of the time I have found it is better to keep an eye on the individual stocks. Many times individual stocks rally before a broad based sector rally or some time that stock has a catalyst which rest of the stocks in the sector lack. For example look at HANS or NTRI in last two years.
MG527,Home Health Care
MG741,Sporting Goods Stores
MG815,Networking & Comm Dev
MG832,Semiconductor-Memory Chips
MG843,Processing Systems & Products
MG328,Office Supplies
MG527,Home Health Care
MG739,Catalog & Mail Order Houses
MG741,Sporting Goods Stores
MG815,Networking & Comm Dev
MG832,Semiconductor-Memory Chips
MG342,Farm Products
MG345,Dairy Products
MG443,Reit-Healthcare Facilities
MG446,Reit-Residential
MG731,Department Stores
MG821,Multimedia & Graphics Software
MG845,Telecom Services-Domestic
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