Don't Ignore This Chart!

Airlines, Telecoms and Biotech Lead Essential Industry Groups

Extra! and Pro users have access to the StockCharts Essentials ChartPack, which features 13 core chartlists with over 140 key charts. The image below shows the Essential US Industry Indexes in "summary" format and sorted by percent change. This makes it easy to distinguish between the leaders and the laggards. The Amex Airline Index ($XAL), the Telecom Index ($XTC) and the Biotech Index ($BTK) are leading the market rebound.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at 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. Learn More
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