RRG Charts

May 2017

RRG Charts

Will Technology (XLK) continue to lead the market higher?

by Julius de Kempenaer

The Relative Rotation Graph for US sectors shows four sectors with rotational patterns that catch the eye and deserve a further investigation. Inside the lagging quadrant, these are Energy (XLE) and Financials (XLF) and inside the leading quadrant, I am looking at Technology (XLK) and Consumer Discretionary (XLY). The balance of power on the RRG above is shifted to the leading quadrant. Five of the ten sector-ETFs on the RRG are positioned inside the leading quadrant (XLP, XLU, XLV, XLY, and XLK) with one inside the improving quadrant (XLRE). No sectors are Read More 

RRG Charts

Tech stocks inside $INDU looking good on RRG but avoid IBM and financials.

by Julius de Kempenaer

The Relative Rotation Graph for the 30 DJ Industrials (INDU) stocks once again presents us with some interesting insights. From the picture above we can read that AAPL is still the strongest stock in this universe with the highest JdK RS-Ratio reading and still inside the leading quadrant. Inside the leading quadrant, but more towards the center of the chart, we find a cluster of stocks that deserve a closer look as they may hold good upward (relative) potential. Within the top-left, improving, quadrant KO and INTC are on track towards leading at strong RRG Read More