Blackrock Leads Assets Managers Group Higher

The finance sector came to life on Thursday with leadership from banks ($DJUSBK) and asset managers ($DJUSAG). The chart below shows asset manager Blackrock holding its breakout and surging off support with a big move above 355. Notice that the stock shows a little more "chart" strength than the Finance SPDR (XLF) and DJ Asset Managers Index ($DJUSAG). BLK broke above the high from the first week of January, but XLF and $DJUSAG did not (yet). Note that you can enter $INDUSTRY and $SECTOR to see the corresponding sector or industry group for a stock. Set the legends at "verbose" to see the full names.

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