(2013-09-05, 08:39 PM)isatrader Wrote: For anyone that's interested I posted the Chartmill sectors relative strength list in the main thread last weekend here: http://stageanalysis.net/forum/showthread.php?tid=1&pid=1440#pid1440 of which it has 212 sectors and ordered them by the strongest to the weakest.

You can do this yourself on chartmills site at: http://www.chartmill.com/sectorrankings.php?r=1&t=C2&s=0 if you want to check if the stock you are looking at is in a strong or weak group, but the chartmill makes up it's own sectors and has almost double the amount than the Dow Jones Indexes, so it can be hard to find them sometimes I've found, and there are no sector charts to view. But it is a useful free tool none the less.

To order the list by the Average Relative Strength of each sector you need to select the drop down menu on the top right called "Order by" and select Average Relative Strength (DESC), or click on the ARS column in the table. 100 is the strongest and 0 is the weakest.

(2013-09-05, 10:18 PM)goodtyneguy Wrote: I would hazard guess that their sector groupings are better than the DJ Indices from a like for like perspective. I get the feeling they are a very small outfit, traders themselves and very amenable to requests for improving their product. Perhaps a polite suggestion or two about introducing sector charts would be fruitful. The valid argument would be not only would this benefit stage analysis investors but other top down investors who want to diversify too?

(2013-09-05, 06:18 PM)theory6453 Wrote:

(2013-09-01, 03:06 PM)theory6453 Wrote:

(2013-08-09, 11:57 AM)isatrader Wrote:

(2013-08-09, 11:37 AM)anupam384 Wrote: Did you like RMTI? If not, could you explain why. I know, it did not form a base for long.

It had a very big volume move from it's lows (possible short squeeze) and has formed a new swing high near 6, so that would be the Stage 2A breakout point to watch imo. But currently the 30 week MA is strongly declining and relative performance is still well below the zero line, as well as being under a fair amount of resistance from the 2012 price action. So I only rate it as Stage 1A personally.

*** Here's the 2nd comment I was trying to post last night.

RMTI's big volume move was b/c they received Stage 1 FDA approval on one of their new dialysis drugs. I was actually long in it at the time and turned a nice little profit. That being said, I agree that it's still in a Stage 1, however look for another pop if the Stage 2 FDA approval comes thru in the near future.

RTMI is up 30% this week as we speak as the 2nd study on their new kidney failure drug came back positive yesterday (it wasn't an FDA approval like I had originally thought). IMO RMTI has moved from a Stage 1 to a Stage 2a/2. I will likely wait a month or so for a pullback and then will jump in on this one as the technicals continue to improve.

(2013-09-05, 04:12 PM)isatrader Wrote: The solar ETF TAN is attempting to make a Stage 2 continuation move today.

(2013-09-07, 10:01 PM)theory6453 Wrote: I went hunting for some quality Stage 1 or 2 setups today and landed in the Marine Transportation group which appears to have some life in it. I had recently bought BALT @ $4.74 so I knew that the Industrials sector was at least in a 2B and the Marine Transport group looked to be in a solid Stage 2.

My current favorite of those I found is PRGN as it rose about 40% since its breakout about 2 weeks ago on a great volume spike. PRGN was in a Stage 1 base for about a year prior to this. It’s above the MA, the MA is starting to rise, the relative performance is rising and just popped over the zero line, and finally cleared its overhead resistance. The current P&F price target is $17.75. EGLE and GNK also have a lot of potential.

Here is the list of others that I thought looked interesting from this segment:
ANW, DHT, EGLE, ESEA, GLBS, GNK, PRGN, SBLK, ULTR, VLCCF