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Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis - Printable Version

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RE: Stan Weinstein's Stage Analysis - isatrader - 2013-12-08

(2013-12-07, 03:09 PM)isatrader Wrote: Attached is the Relative performance tables for the UK FTSE 350 Sectors.

To see the individual stocks in each sector go to: http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/indices/constituents-indices.html?index=NMX&industrySector=&page=10 and use the drop down menu.

FTSE 350 Sectors - Ordered by Overall RS Score

   

Attached is the updated weekly charts of all the UK sectors to go with the sector lists that I post each week. As you can see, the UK sectors continue to show weakness with 35 of the 38 sectors below their Mansfield Relative Performance zero line. So only three sectors - Fixed Line Telecommunications, Mobiles Telecommunications and Automobiles & Parts are currently outperforming the broad market, but Health Care Equipment & Services has been showing some good recent relative performance, by breaking out to new highs and is close to a zero line crossover, and so stocks in the sector could warrant further investigation.

RE: Stan Weinstein's Stage Analysis - theory6453 - 2013-12-08

(2013-10-07, 02:24 PM)isatrader Wrote: I've found a different sub sector list that shows different performance levels over the last 12 months and could be a very useful edition to help us find the major themes. It's on OptionsMonster.com in the Researchlab tab, and then in Groups.

You can rearrange the order depending on the timescale you are interested in, and you can click on the group names and drill down into the stocks in the sectors.

Currently, if you order it by 3-Month, you can see that the top three sectors are:
  1. China Internet Companies
  2. Shipping Companies
  3. Solar
Which is obviously the same conclusion we've been coming to from our watchlist picks in the investor and trader method threads. So I think this sector sheet could be a useful edition to help us find the Weinstein candidates, as well as the sector lists on chartmill.com and stockcharts.com

I've attached the first page of the list below as an example.

Did this site/page go paid? I used to be able to access it but can't any longer. Anyone know if there is a similar free site out there that ranks sub-groups?

RE: Stan Weinstein's Stage Analysis - isatrader - 2013-12-08

(2013-12-08, 07:27 PM)theory6453 Wrote: Did this site/page go paid? I used to be able to access it but can't any longer. Anyone know if there is a similar free site out there that ranks sub-groups?

No it's still free from what i can tell as just accessed it, although it's seems to be having a technical problem at the moment. So maybe try again later or tomorrow.

The stockcharts sub sector lists does the same thing using the Dow Jones US sub sectors and is categorized by each major sector. You can can use the drop down menu to change the time frame from daily, weekly, monthly, 3 month, 6 month etc. Here's the link: http://stockcharts.com/freecharts/industrysummary.html?&V=M&G=SECTOR_SPDR

RE: Stan Weinstein's Stage Analysis - theory6453 - 2013-12-08

(2013-12-08, 08:56 PM)isatrader Wrote:
(2013-12-08, 07:27 PM)theory6453 Wrote: Did this site/page go paid? I used to be able to access it but can't any longer. Anyone know if there is a similar free site out there that ranks sub-groups?

No it's still free from what i can tell as just accessed it, although it's seems to be having a technical problem at the moment. So maybe try again later or tomorrow.

Thanks. Did you have to login? It's prompting me to register/login (says its free to register) but it used to just let me access the page.

RE: Stan Weinstein's Stage Analysis - isatrader - 2013-12-08

(2013-12-08, 10:08 PM)theory6453 Wrote: Thanks. Did you have to login? It's prompting me to register/login (says its free to register) but it used to just let me access the page.

Yep, you have to register for the free account to view it and then login

RE: Stan Weinstein's Stage Analysis - Tryst - 2013-12-09

(2013-12-07, 02:14 PM)isatrader Wrote: Attached are the updated US Major Sector Charts and relative performance table.

[Image: attachment.php?aid=5531]

Thanks for the updates, isatrader.

One thing...I have been reading the Market Health update from the following site and it shows that the sector consumer staples is doing well, but you table here is showing it quite weak to other sectors?

http://www.elliottwaveanalytics.com/2013/12/markets-health-update-momentum-continues-to-weaken/

Am I missing something?

RE: Stan Weinstein's Stage Analysis - isatrader - 2013-12-09

(2013-12-09, 12:49 AM)Tryst Wrote: Thanks for the updates, isatrader.

One thing...I have been reading the Market Health update from the following site and it shows that the sector consumer staples is doing well, but you table here is showing it quite weak to other sectors?

http://www.elliottwaveanalytics.com/2013/12/markets-health-update-momentum-continues-to-weaken/

Am I missing something?

The relative performance table that I show each week uses the Mansfield Relative Performance figure to rank the sectors, which as you know is performance of the sector versus the S&P 500s performance and relative to distance from the zero line, and a key component of Weinstein's method for measuring strength. And so by that measure you can see that even though 80% of consumer staples are above their 200 day MA and has highest percentage of stocks within 2% of a new 52-week high, the overall average percentage moves of those stocks are much smaller than the majority of other sectors and the S&P 500 itself, and hence it is under performing the majority of the rest of the market in the medium term by the Mansfield RS measure that I use for the weekly update. i.e. you would have made less money in Consumer Staples than the majority of other sectors over the last 200 days. As every sector is up, but 7 of 9 SPDR ETF sectors have done better. See attached 200 day performance charts below.

       

RE: Stan Weinstein's Stage Analysis - Tryst - 2013-12-09

Thanks for replying, isatrader, and clearing that up.

Where did you generate that first chart? Also, what is the difference between the two charts. I know they are giving different readings, but I am failing to see the variables that is making them read different.