Ian Woodward's Investing Blog

Market Rotation or a Mixture of Old and New Wolf Packs

wolf

Based on Friday’s performance, it seems that the old Wolf Packs were merely giving way to Profit taking earlier in the week, and they were buying back feverishly into the old Wolf Packs on Friday.  There is no question that many other Industry Groups are also rising rapidly and I have shown you the Groups that had the best advance during last week as well as the past three and five weeks.  In essence these are the best movers since the March 17th low.  The following spreadsheet is self explanatory, so enjoy:

selections

Best Regards, Ian.

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