This Week's Industry Performance

Name	Stocks	Adv	Pct	4 week avg	10 week avg	40 week avg
Drug Stores	6	6	100	24.17	9.67	8.92
Long Distance Carriers	3	3	100	66.67	66.67	38.12
Personal Computers	2	2	100	50	50	44.58
Health Care Plans	16	15	93.75	58.96	62.25	50.06
Life Insurance	28	25	89.29	41.3	34.67	24.74
Diversified Computer Systems	8	7	87.5	50	43.33	35.35
Major Airlines	7	6	85.71	21.43	50	53.84
Regional Airlines	13	11	84.62	40.38	43.69	31.59
Information & Delivery Services	12	10	83.33	64.21	54.77	39.19
Lumber, Wood Production	12	10	83.33	51.28	37.44	20.9
Residential Construction	18	15	83.33	6.95	4.45	12.22
Aerospace/Defense Products & Services	45	37	82.22	44.09	41.04	35.25
Shipping	54	44	81.48	30.38	31.07	22.56
Semiconductor - Specialized	42	34	80.95	32.74	28.44	28.83
Aerospace/Defense - Major Diversified	5	4	80	22.5	29	40.58
Aluminum	5	4	80	55	46	20.88
CATV Systems	20	16	80	45	47	46.22
Housewares & Accessories	5	4	80	80	76	65.5
Semiconductor- Memory Chips	10	8	80	47.5	43.44	39.68
Surety & Title Insurance	15	12	80	19.06	14.79	20.77

Today I did something a little different: I took the stocks that were positive on the week and ran them through the industry scanner. Above are the industries that have 80% or better of their stocks up for the week. What is striking here is that very few of them have high moving averages, meaning that most of the advancers this week were pretty weak groups. it could be that we are seeing some sector rotation, orr it could be that the weak groups are just getting a bounce here. I will do this every Friday to see if this is an anomaly.