Sunday, June 27, 2010
Weekly Sector Update | 06/25/10
For that I went to FINVIZ. I calculated the number of short shares (% of float short x float). I then multiplied that by the share price to come up with the market value of the float that was short. The table that I prepared had % of market cap short and % of shares short. I've a new/fast computer, and this process taxed the resources. I've included the report within my sector report. I hope that you will download the full report. You will not be sorry, and I guarantee that you will see some things that will surprise you! It is in PDF, and it is very easy to read. You can find it here.
Let's take a look at the Weekly Sector Graph. You do not have to adjust your screen. The 24 sectors are all negative. Only 5 of the subsectors were positive. The broad market index was down 3.7%. As usual, individual sector mileage varied, which is why I put these together.
Now let's drill down and look at the subsector 10 best/worst performers.
[source: The Wall Street Journal]