Industry Ranking for August

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Top down stock picking based on the leading stocks in leading industries should be supplemented with additional fundamental and chart analysis.

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1.0 Leading Industries

Industry rank is weighted by the percent increase in its index price over the previous 4 weeks. Industry rank ranges from a high of 1 to a low of 215 based on a list of 215 industries in the Yahoo Finance industry classification system.

The leading industries for the past month are ranked in Table 1A. The leftmost column is the rank based on the previous 4-week percentage change. The second column from the left is ranked by the number of positions an industry is above or below its 4-week average rank. The third column from the left is the average of the first two columns. Clicking on the industry name takes you to an industry summary page. The “C’s” will display the companies in the industry. The last three columns on the right are the percentage gains for the previous trading day, the previous week and the previous four weeks.

Table 1A

Leading Industries

August 21, 2007

R = Rank	C = Rank of Change	(R+C)/2	Industries	Companies	Last Gain	1 wk Ago Gain	1 mo Gain
1	97	49	Diagnostic Substances	C's	-0.7%	1.0%	8.0%
2	2	2	Recreational Goods, Other	C's	0.7%	7.7%	5.6%
3	77	40	Water Utilities	C's	1.5%	2.3%	3.8%
4	14	9	Regional - Southwest Banks	C's	1.6%	8.6%	3.8%
5	60	33	Medical Equipment Wholesale	C's	1.8%	2.2%	3.1%
6	30	18	Sporting Goods Stores	C's	4.2%	8.0%	2.8%
7	63	35	Confectioners	C's	0.9%	2.8%	2.4%
8	68	38	Resorts & Casinos	C's	2.6%	2.6%	1.2%
9	91	50	Catalog & Mail Order Houses	C's	2.4%	0.8%	1.1%
10	11	11	Regional - Pacific Banks	C's	1.6%	7.0%	1.1%
11	12	12	REIT - Retail	C's	0.6%	6.4%	0.9%
12	26	19	Food Wholesale	C's	0.2%	3.6%	0.5%
13	17	15	REIT - Industrial	C's	1.7%	10.3%	0.3%
14	76	45	Drug Stores	C's	0.5%	0.3%	-0.4%
15	70	43	Research Services	C's	-0.1%	1.2%	-0.4%
16	10	13	Regional - Mid-Atlantic Banks	C's	1.0%	7.6%	-0.6%
17	59	38	Specialized Health Services	C's	-0.2%	1.4%	-0.8%
18	48	33	Medical Laboratories & Research	C's	-0.3%	0.8%	-0.8%
19	114	67	Personal Products	C's	-0.6%	0.9%	-0.9%
20	4	12	REIT - Healthcare Facilities	C's	0.6%	5.8%	-1.0%
21	3	12	Savings & Loans	C's	2.0%	10.8%	-1.3%
22	85	54	Auto Parts Wholesale	C's	-0.7%	2.7%	-1.4%
23	52	38	Healthcare Information Services	C's	0.2%	2.1%	-1.4%
24	19	22	Money Center Banks	C's	0.1%	6.7%	-1.5%
25	35	30	Internet Service Providers	C's	2.2%	4.5%	-1.7%
26	1	14	Music & Video Stores	C's	-0.1%	1.4%	-1.9%
27	32	30	Sporting Goods	C's	0.0%	1.5%	-2.2%
28	22	25	Property & Casualty Insurance	C's	-0.1%	4.8%	-2.2%
29	6	18	Regional - Midwest Banks	C's	0.6%	7.4%	-2.2%
30	149	90	Networking & Communication Devices	C's	1.2%	-0.3%	-2.5%
31	5	18	REIT - Residential	C's	1.6%	9.0%	-2.7%
32	9	21	Regional - Southeast Banks	C's	0.8%	7.9%	-2.7%
33	128	81	Scientific & Technical Instruments	C's	0.9%	0.2%	-2.7%
34	148	91	Specialty Eateries	C's	1.2%	0.5%	-2.8%
35	47	41	Drugs Wholesale	C's	0.5%	2.0%	-3.0%
36	65	51	Accident & Health Insurance	C's	-0.6%	1.2%	-3.1%
37	124	81	Multimedia & Graphics Software	C's	0.2%	-0.3%	-3.1%
38	8	23	REIT - Office	C's	0.7%	6.9%	-3.2%
39	118	79	Beverages - Soft Drinks	C's