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Relative Strength Update: Market Trends and Strategies for Investors

Learn about market trends observed from November 2013 along with key insights on Relative Strength indicators and how to utilize them effectively in making investment decisions. Explore strategies to identify strong RS stocks for potential growth.

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Relative Strength Update: Market Trends and Strategies for Investors

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  1. Relative Strength November 19,, 2013

  2. Current Market Update • Market was confirmed downtrend on 8/15 • Market confirmed uptrend 9/09 • Market confirmed downtrend 10/9 • Market confirmed uptrend 10/16 • Market under pressure 11/7 • Market confirmed uptrend 11/13

  3. Relative Strength “I would rather go with a Relative Strength of 99 than a 95. Many times the Relative Strength takes off before the big earnings report comes out.” - David Ryan from Market Wizards Two Concepts • Relative Strength line • Relative Strength rating • # from 1 to 99

  4. How to use RS line • To confirm that a leader is breaking out • Upward sloping line means stock is outperforming the S&P500 Index • RS line hitting new high prior to break-out • Bullish • Display underlying strength during a correction • NFLX 1/30/2009; 1/24/2010/ 8/13/2010 • GMRCR 3/20/2009 (FTD 3/2009)

  5. Lists of strong RS stocks • Sector Trends Blog • Sector-trends.blogspot.com • @Sector_Trends • Investors.com • Bolting RS line screen • Investors.com/radioshow • Last week’s note has a list of high RS line screen

  6. Other Stocks to review

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