Don't Ignore This Chart

Not Much Green on the Sector Carpet

Arthur Hill | 

There are not many gainers today, but a few can be found on the Sector Market Carpet. The isolated green boxes show the stocks bucking the selling pressure. Tenet HealthCare and Hospira are up in the healthcare sector, while Best Buy and Time Warner are up in the consumer discretionary sector.

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Arthur Hill
About the author: , CMT, is a Senior Technical Analyst at StockCharts.com. He has written articles for numerous financial publications including Barrons and Stocks & Commodities magazine. 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 technician. In addition to his CMT designation, Arthur holds an MBA from the Cass Business School at City University in London.
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