The Market Carpet for the Rydex Sector Funds shows the Rydex Retailing Fund (RYRIX) leading the way higher last week. Notice that the slider at the bottom is set at 5 days to show last week's results. The Rydex Transportation Fund (RYPIX) came in second with a 1.01% gain. It is interesting to see two cyclical groups leading the way higher.
About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. 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 market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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