Tuesday, June 4, 2013

Price/Volume Heat Map for 6/3 Trading Day

The market ended strong despite trading lower nearly all day yesterday after the much weaker than expected ISM. The strength, on a price basis, was across board with every sector trading up, see below.






The outsized gains came from the staples sector, possibly retracing some the prior day's losses. The Price/Volume Heat Map reflects this strength, with most stocks (76%) in the S&P 500 showing flattish to strongly positive characteristics. After showing strength in Friday's trading, utilities looked relatively weak.










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