The Traderszone Network

Published in TZ Latest News 19 August, 2017 by The TZ Newswire Staff

Aerospace Has Been Strong, But It’s Relative Strength Momentum Is Weakening

Bull markets are fueled by sector and industry group rotation.  Throughout the bull market since 2009, we’ve seen each of the key aggressive sectors take their turn leading on a relative basis.  Within each sector, we also see relative leadership and weakness among industry groups.  For example, over the past month, aerospace stocks ($DJUSAS) have performed extremely well.  In fact, the DJUSAS is one of only two industry groups in the sector that have moved higher and its 4.17% gain over the past month easily beats defense stocks ($DJUSDN).

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