High RS Diffusion Index
Jul. 17, 2013 1:29 PM ET
Dorsey Wright Money Management's Blog
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Portfolio Strategy, REITs, ETF investing, Long/Short Equity
Seeking Alpha Analyst Since 2009
The Dorsey Wright Money Management team is composed of Michael Moody, Harold Parker, John Lewis, Andy Hyer, and JP Lee.
Mr. Moody and Mr. Parker, Senior Portfolio Managers, joined Dorsey Wright Money Management in 1994.
John Lewis, Portfolio Manager, joined the team in 2002. Andy Hyer, Marketing Coordinator, joined in 2004. JP Lee, the most recent addition, came aboard in early 2008 in a client services role.
The chart below measures the percentage of high relative strength stocks that are trading above their 50-day moving average (universe of mid and large cap stocks.) As of 7/16/13.
The 10-day moving average of this indicator is 82% and the one-day reading is 89%.