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Stage Analysis Report

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Stage 1 Markets

Market Stage 1 Stage 2 Stage 3 Stage 4

 

Stage 2 Markets

Market Stage 1 Stage 2 Stage 3 Stage 4
Airlines 0.0% 100.0% 0.0% 0.0%
Treasuries and U.S. Dollar 0.0% 100.0% 0.0% 0.0%
U.S. Sectors 0.0% 90.0% 10.0% 0.0%
Asset Managers 0.0% 86.7% 6.7% 6.7%
Banks 0.0% 81.9% 9.1% 9.1%
Lodging 7.7% 77.0% 7.7% 7.7%
REIT – Hotels 0.0% 77.0% 23.1% 0.0%
Oil & Gas – Pipelines 3.8% 73.6% 13.3% 9.5%
Dow Jones 3.4% 73.4% 16.7% 6.7%
Railroads 6.7% 73.4% 13.4% 6.7%
U.S. Markets 0.0% 66.7% 16.7% 16.7%
Utilities – Electric 0.0% 65.9% 31.8% 2.5%
Semiconductors – Broad Line 0.0% 65.3% 21.8% 13.1%
Brokers 7.2% 64.3% 7.2% 21.5%
Solar 14.3% 64.3% 7.2% 14.3%
Drugs Other 0.0% 63.2% 0.0% 36.9%
Internet 0.0% 63.2% 5.3% 31.6%
Autos 0.0% 62.5% 12.5% 25.0%
Drugs 9.6% 62.0% 9.6% 19.1%
Emerging Markets 0.0% 61.6% 23.1% 15.4%
Data Storage 20.0% 60.0% 0.0% 20.0%
REIT – Residential 0.0% 59.4% 34.4% 6.3%
Utilities – Gas 0.0% 59.1% 22.8% 18.2%
Farm Products 0.0% 58.9% 23.6% 17.7%
Semiconductors – Integrated Circuits 0.0% 58.1% 13.0% 29.1%
Meat Products 0.0% 57.2% 14.3% 28.6%
Defense and Aerospace 6.7% 56.7% 20.0% 16.7%
Lumber 11.2% 55.6% 11.2% 22.3%
Biotech 1.7% 55.1% 10.0% 33.4%
Chemicals – Major Diversified 4.2% 54.2% 20.9% 20.9%
Technical & System Software 5.9% 53.0% 11.8% 29.5%
Trucking 5.3% 52.7% 15.8% 26.4%
Information Technology Services 8.7% 52.2% 13.1% 26.1%
Semiconductors – Equipment & Materials 0.0% 51.8% 17.3% 31.1%
Oil & Gas – Refining 0.0% 51.7% 16.2% 32.3%
Cement 16.7% 50.0% 0.0% 33.4%
Paper 7.2% 50.0% 0.0% 42.9%
Specialty Eateries 25.0% 50.0% 0.0% 25.0%
Utilities – Diversified 0.0% 50.0% 21.5% 28.6%
General Building Materials 7.5% 48.2% 11.2% 33.4%
Semiconductors – Specialized 9.6% 47.7% 19.1% 23.9%
Chemicals – Specialty 0.0% 47.4% 23.7% 29.0%
REIT – Diversified 0.0% 45.3% 33.4% 21.5%
REIT – Retail 0.0% 45.2% 45.2% 9.7%
Restaurants 9.7% 45.2% 6.5% 38.8%
Steel & Iron 0.0% 44.5% 11.2% 44.5%
Business Software 5.3% 42.2% 15.8% 36.9%
Waste Management 0.0% 41.7% 33.4% 25.0%
Copper 0.0% 40.0% 40.0% 20.0%
Water 0.0% 40.0% 20.0% 40.0%
Lithium 0.0% 38.5% 30.8% 30.8%
Diversified Machinery 0.0% 37.8% 26.7% 35.6%
Beverages – Brewers 12.5% 37.5% 12.5% 37.5%

 

Stage 3 Markets

Market Stage 1 Stage 2 Stage 3 Stage 4
Clean Energy 0.0% 0.0% 66.7% 33.4%
REIT – Industrial 0.0% 38.5% 53.9% 7.7%
REIT – Healthcare Facilities 0.0% 40.0% 53.4% 6.7%
REIT – Office 0.0% 34.8% 39.2% 26.1%
Foreign Markets 0.0% 25.0% 37.5% 37.5%

 

Stage 4 Markets

Market Stage 1 Stage 2 Stage 3 Stage 4
Foreign Currencies 0.0% 0.0% 0.0% 100.0%
Short Index ETFs 0.0% 0.0% 0.0% 100.0%
Homebuilders 0.0% 12.5% 0.0% 87.5%
Precious Metals 0.0% 0.0% 14.3% 85.8%
Industrial Metals And Minerals 3.6% 9.0% 14.3% 73.3%
Coal 0.0% 27.3% 0.0% 72.8%
Natural Gas 0.0% 14.3% 14.3% 71.5%
Commodities 0.0% 17.4% 13.1% 69.6%
Jewelry 0.0% 33.4% 0.0% 66.7%
Farm and Construction Machinery 0.0% 0.0% 36.4% 63.7%
Metal Fabrication 3.9% 11.6% 23.1% 61.6%
IPOs 6.9% 31.1% 3.5% 58.7%
Shipping 3.3% 19.4% 19.4% 58.1%
3D Printing 0.0% 42.9% 0.0% 57.2%
Heavy Construction 12.5% 18.8% 12.5% 56.3%
Precious Metals Miners 5.1% 15.3% 23.8% 56.0%
Canadian Precious Metals Miners 3.0% 29.5% 11.8% 55.9%
Graphite 7.7% 30.8% 7.7% 53.9%
Uranium 23.1% 15.4% 7.7% 53.9%
Networking & Communication Devices 13.4% 26.7% 6.7% 53.4%
Apparel Stores 5.5% 35.2% 8.2% 51.4%
Home Furnishings 16.7% 16.7% 16.7% 50.0%
Grocery Stores 5.9% 35.3% 11.8% 47.1%
Apparel 8.4% 41.7% 4.2% 45.9%
Oil and Gas – Drilling & Exploration 0.0% 19.6% 34.8% 45.7%
Packaging & Containers 0.0% 30.0% 25.0% 45.0%
Machine Tools 0.0% 33.4% 22.3% 44.5%
Oil and Gas – Equipment & Services 0.0% 32.6% 23.3% 44.2%
Agricultural Chemicals 14.3% 28.6% 14.3% 42.9%
Application Software 9.9% 39.5% 8.5% 42.3%
Oil & Gas – Independent 1.3% 29.2% 30.4% 39.3%
Auto Parts 2.8% 25.0% 33.4% 38.9%

 

Strengthening Markets

Market 4->1 1->2 2->3 3->4
Graphite 7.7% 7.7% 7.7% 0.0%
Drugs Other 0.0% 10.6% 0.0% 0.0%
Heavy Construction 6.3% 0.0% 0.0% 0.0%
Technical & System Software 5.9% 0.0% 0.0% 0.0%
Restaurants 0.0% 3.3% 0.0% 0.0%

 

Weakening Markets

Market 4->1 1->2 2->3 3->4
Clean Energy 0.0% 0.0% 50.0% 0.0%
Precious Metals 0.0% 0.0% 14.3% 28.6%
Natural Gas 0.0% 0.0% 0.0% 42.9%
Water 0.0% 0.0% 0.0% 40.0%
U.S. Markets 0.0% 0.0% 16.7% 16.7%
Shipping 0.0% 0.0% 13.0% 16.2%
REIT – Healthcare Facilities 0.0% 0.0% 26.7% 0.0%
REIT – Residential 0.0% 0.0% 25.0% 0.0%
REIT – Industrial 0.0% 0.0% 15.4% 7.7%
REIT – Retail 0.0% 0.0% 16.2% 6.5%
Precious Metals Miners 3.4% 1.7% 8.5% 13.6%
Utilities – Electric 0.0% 0.0% 22.0% 0.0%
REIT – Office 0.0% 0.0% 21.8% 0.0%
Copper 0.0% 0.0% 20.0% 0.0%
Information Technology Services 0.0% 4.4% 8.7% 8.7%
Chemicals – Major Diversified 0.0% 4.2% 8.4% 8.4%
REIT – Diversified 0.0% 0.0% 12.0% 4.8%
Auto Parts 0.0% 0.0% 11.2% 5.6%
Cement 0.0% 0.0% 0.0% 16.7%
Home Furnishings 0.0% 0.0% 16.7% 0.0%
Waste Management 0.0% 0.0% 16.7% 0.0%
Chemicals – Specialty 0.0% 0.0% 13.2% 2.7%
Lithium 0.0% 0.0% 7.7% 7.7%
Metal Fabrication 0.0% 0.0% 7.7% 7.7%
Oil & Gas – Independent 1.3% 0.0% 8.9% 6.4%
Utilities – Diversified 0.0% 0.0% 3.6% 10.8%
Foreign Currencies 0.0% 0.0% 0.0% 14.3%
Semiconductors – Equipment & Materials 0.0% 3.5% 3.5% 10.4%
Utilities – Gas 0.0% 0.0% 9.1% 4.6%
Diversified Machinery 0.0% 0.0% 8.9% 4.5%
Railroads 0.0% 0.0% 13.4% 0.0%
Commodities 0.0% 0.0% 8.7% 4.4%
Semiconductors – Integrated Circuits 0.0% 3.3% 6.5% 6.5%
Application Software 0.0% 4.3% 7.1% 5.7%
Industrial Metals And Minerals 0.0% 0.0% 3.6% 9.0%
Autos 0.0% 0.0% 12.5% 0.0%
Beverages – Brewers 0.0% 0.0% 12.5% 0.0%
Canadian Precious Metals Miners 3.0% 5.9% 3.0% 8.9%
Lumber 0.0% 0.0% 11.2% 0.0%
Machine Tools 0.0% 0.0% 11.2% 0.0%
Business Software 0.0% 2.7% 7.9% 2.7%
Internet 0.0% 0.0% 5.3% 5.3%
Biotech 1.7% 1.7% 5.0% 5.0%
Data Storage 0.0% 0.0% 0.0% 10.0%
Drugs 0.0% 0.0% 4.8% 4.8%
Semiconductors – Specialized 0.0% 0.0% 9.6% 0.0%
Oil and Gas – Equipment & Services 0.0% 0.0% 4.7% 4.7%
Banks 0.0% 0.0% 9.1% 0.0%
Coal 0.0% 0.0% 0.0% 9.1%
Semiconductors – Broad Line 0.0% 0.0% 8.7% 0.0%
Emerging Markets 0.0% 0.0% 7.7% 0.0%
REIT – Hotels 0.0% 0.0% 7.7% 0.0%
Oil & Gas – Pipelines 1.9% 0.0% 7.6% 0.0%
Paper 0.0% 0.0% 0.0% 7.2%
Solar 0.0% 0.0% 7.2% 0.0%
Defense and Aerospace 0.0% 3.4% 3.4% 3.4%
Dow Jones 0.0% 0.0% 6.7% 0.0%
Oil and Gas – Drilling & Exploration 0.0% 0.0% 2.2% 4.4%
Oil & Gas – Refining 0.0% 0.0% 3.3% 3.3%
Grocery Stores 0.0% 0.0% 5.9% 0.0%
Apparel Stores 0.0% 0.0% 5.5% 0.0%
Packaging & Containers 0.0% 0.0% 0.0% 5.0%

 

Stage Analysis: U.S. Markets

Ticker Stage Weeks Links
QQQ 2 22 D   W   F   Y   G
DIA 2 94 D   W   F   Y   G
IYT 2 94 D   W   F   Y   G
SPY 2 96 D   W   F   Y   G
IWM 3 1 D   W   F   Y   G
IWC 4 1 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 66.7% 16.7% 16.7%

 

Stage Transitions: U.S. Markets

Ticker From To Links
IWM 2 3 D   W   F   Y   G
IWC 3 4 D   W   F   Y   G

 

Stage Analysis: U.S. Sectors

Ticker Stage Weeks Links
XLI 2 6 D   W   F   Y   G
XLY 2 18 D   W   F   Y   G
XLP 2 31 D   W   F   Y   G
XLU 2 38 D   W   F   Y   G
IYZ 2 79 D   W   F   Y   G
XLK 2 89 D   W   F   Y   G
XLB 2 96 D   W   F   Y   G
XLF 2 114 D   W   F   Y   G
XLV 2 148 D   W   F   Y   G
XLE 3 2 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 90.0% 10.0% 0.0%

 

Stage Transitions: U.S. Sectors

Ticker From To Links

 

Stage Analysis: Foreign Markets

Ticker Stage Weeks Links
EWJ 2 15 D   W   F   Y   G
EWS 2 24 D   W   F   Y   G
EWH 2 26 D   W   F   Y   G
EWC 2 33 D   W   F   Y   G
EWA 3 2 D   W   F   Y   G
EWU 3 7 D   W   F   Y   G
EFA 3 8 D   W   F   Y   G
EWP 3 8 D   W   F   Y   G
EWK 3 9 D   W   F   Y   G
EWL 3 9 D   W   F   Y   G
EWI 4 2 D   W   F   Y   G
EWD 4 4 D   W   F   Y   G
EWQ 4 5 D   W   F   Y   G
EWG 4 6 D   W   F   Y   G
EWN 4 6 D   W   F   Y   G
EWO 4 9 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 25.0% 37.5% 37.5%

 

Stage Transitions: Foreign Markets

Ticker From To Links

 

Stage Analysis: Emerging Markets

Ticker Stage Weeks Links
FXI 2 16 D   W   F   Y   G
EWW 2 19 D   W   F   Y   G
EWZ 2 22 D   W   F   Y   G
EEM 2 24 D   W   F   Y   G
IDX 2 25 D   W   F   Y   G
EWT 2 31 D   W   F   Y   G
INDY 2 31 D   W   F   Y   G
EPI 2 31 D   W   F   Y   G
EZA 3 1 D   W   F   Y   G
EWY 3 2 D   W   F   Y   G
EWM 3 2 D   W   F   Y   G
RBL 4 8 D   W   F   Y   G
ECH 4 9 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 61.6% 23.1% 15.4%

 

Stage Transitions: Emerging Markets

Ticker From To Links
EZA 2 3 D   W   F   Y   G

 

Stage Analysis: Foreign Currencies

Ticker Stage Weeks Links
FXA 4 1 D   W   F   Y   G
FXB 4 2 D   W   F   Y   G
FXC 4 7 D   W   F   Y   G
FXF 4 9 D   W   F   Y   G
FXY 4 9 D   W   F   Y   G
FXE 4 11 D   W   F   Y   G
FXS 4 21 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 0.0% 0.0% 100.0%

 

Stage Transitions: Foreign Currencies

Ticker From To Links
FXA 3 4 D   W   F   Y   G

 

Stage Analysis: Agricultural Chemicals

Ticker Stage Weeks Links
IPI 1 2 D   W   F   Y   G
TNH 1 7 D   W   F   Y   G
DD 2 2 D   W   F   Y   G
SMG 2 5 D   W   F   Y   G
AGU 2 7 D   W   F   Y   G
CF 2 53 D   W   F   Y   G
MON 3 6 D   W   F   Y   G
POT 3 7 D   W   F   Y   G
MOS 4 9 D   W   F   Y   G
SYT 4 11 D   W   F   Y   G
UAN 4 11 D   W   F   Y   G
MBII 4 30 D   W   F   Y   G
AVD 4 41 D   W   F   Y   G
RNF 4 72 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
14.3% 28.6% 14.3% 42.9%

 

Stage Transitions: Agricultural Chemicals

Ticker From To Links

 

Stage Analysis: Airlines

Ticker Stage Weeks Links
UAL 2 12 D   W   F   Y   G
JBLU 2 19 D   W   F   Y   G
LUV 2 55 D   W   F   Y   G
DAL 2 94 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 100.0% 0.0% 0.0%

 

Stage Transitions: Airlines

Ticker From To Links

 

Stage Analysis: Apparel

Ticker Stage Weeks Links
LULU 1 1 D   W   F   Y   G
PVH 1 4 D   W   F   Y   G
RL 2 6 D   W   F   Y   G
EVK 2 6 D   W   F   Y   G
CRI 2 10 D   W   F   Y   G
PERY 2 15 D   W   F   Y   G
UA 2 17 D   W   F   Y   G
SQBG 2 30 D   W   F   Y   G
SGC 2 60 D   W   F   Y   G
VFC 2 85 D   W   F   Y   G
GIII 2 111 D   W   F   Y   G
HBI 2 121 D   W   F   Y   G
GIL 3 2 D   W   F   Y   G
APP 4 1 D   W   F   Y   G
KATE 4 2 D   W   F   Y   G
COLM 4 2 D   W   F   Y   G
CRWS 4 2 D   W   F   Y   G
JOEZ 4 7 D   W   F   Y   G
UNF 4 9 D   W   F   Y   G
ZA 4 12 D   W   F   Y   G
OXM 4 21 D   W   F   Y   G
DLA 4 23 D   W   F   Y   G
ZQK 4 24 D   W   F   Y   G
XNY 4 35 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
8.4% 41.7% 4.2% 45.9%

 

Stage Transitions: Apparel

Ticker From To Links
LULU 4 1 D   W   F   Y   G
APP 1 4 D   W   F   Y   G

 

Stage Analysis: Apparel Stores

Ticker Stage Weeks Links
DSW 1 2 D   W   F   Y   G
EXPR 1 4 D   W   F   Y   G
AEO 2 2 D   W   F   Y   G
ROST 2 4 D   W   F   Y   G
ANN 2 4 D   W   F   Y   G
PLCE 2 4 D   W   F   Y   G
URBN 2 5 D   W   F   Y   G
BKE 2 5 D   W   F   Y   G
GPS 2 8 D   W   F   Y   G
CBK 2 16 D   W   F   Y   G
CHKE 2 16 D   W   F   Y   G
LB 2 20 D   W   F   Y   G
CATO 2 20 D   W   F   Y   G
CTRN 2 24 D   W   F   Y   G
JWN 2 31 D   W   F   Y   G
ANF 3 1 D   W   F   Y   G
GCO 3 1 D   W   F   Y   G
MW 3 3 D   W   F   Y   G
LUX 4 3 D   W   F   Y   G
WACLY 4 4 D   W   F   Y   G
SMRT 4 5 D   W   F   Y   G
CHS 4 9 D   W   F   Y   G
DXLG 4 11 D   W   F   Y   G
BEBE 4 20 D   W   F   Y   G
SSI 4 21 D   W   F   Y   G
DEST 4 26 D   W   F   Y   G
FRAN 4 27 D   W   F   Y   G
SCVL 4 27 D   W   F   Y   G
CACH 4 28 D   W   F   Y   G
ASNA 4 30 D   W   F   Y   G
GES 4 34 D   W   F   Y   G
PSUN 4 35 D   W   F   Y   G
NWY 4 42 D   W   F   Y   G
TLYS 4 44 D   W   F   Y   G
WTSL 4 48 D   W   F   Y   G
BODY 4 59 D   W   F   Y   G
ARO 4 60 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
5.5% 35.2% 8.2% 51.4%

 

Stage Transitions: Apparel Stores

Ticker From To Links
ANF 2 3 D   W   F   Y   G
GCO 2 3 D   W   F   Y   G

 

Stage Analysis: Application Software

Ticker Stage Weeks Links
SPLK 1 3 D   W   F   Y   G
CPWR 1 3 D   W   F   Y   G
IMPV 1 4 D   W   F   Y   G
MKTO 1 4 D   W   F   Y   G
BV 1 4 D   W   F   Y   G
LOCK 1 5 D   W   F   Y   G
EGOV 1 7 D   W   F   Y   G
DATA 2 1 D   W   F   Y   G
MANH 2 1 D   W   F   Y   G
PRGS 2 1 D   W   F   Y   G
CTRX 2 4 D   W   F   Y   G
LOGM 2 4 D   W   F   Y   G
TXTR 2 4 D   W   F   Y   G
CRM 2 6 D   W   F   Y   G
DTSI 2 6 D   W   F   Y   G
SWI 2 7 D   W   F   Y   G
SAAS 2 7 D   W   F   Y   G
WDAY 2 8 D   W   F   Y   G
TYPE 2 9 D   W   F   Y   G
RHT 2 14 D   W   F   Y   G
MCRS 2 14 D   W   F   Y   G
ADVS 2 14 D   W   F   Y   G
PFPT 2 15 D   W   F   Y   G
SNCR 2 15 D   W   F   Y   G
QLYS 2 15 D   W   F   Y   G
ELLI 2 15 D   W   F   Y   G
LXFT 2 16 D   W   F   Y   G
MSCI 2 17 D   W   F   Y   G
ADBE 2 18 D   W   F   Y   G
FTNT 2 19 D   W   F   Y   G
INTU 2 20 D   W   F   Y   G
AMAP 2 25 D   W   F   Y   G
CDNS 2 37 D   W   F   Y   G
SYNA 2 55 D   W   F   Y   G
OTEX 2 75 D   W   F   Y   G
ORCL 3 1 D   W   F   Y   G
DBD 3 1 D   W   F   Y   G
MSTR 3 1 D   W   F   Y   G
PLUS 3 1 D   W   F   Y   G
QADA 3 1 D   W   F   Y   G
NSIT 3 7 D   W   F   Y   G
NUAN 4 1 D   W   F   Y   G
CVLT 4 1 D   W   F   Y   G
FLTX 4 1 D   W   F   Y   G
PRO 4 1 D   W   F   Y   G
SAP 4 2 D   W   F   Y   G
ICGE 4 3 D   W   F   Y   G
DWRE 4 6 D   W   F   Y   G
AGYS 4 6 D   W   F   Y   G
AVG 4 8 D   W   F   Y   G
STMP 4 9 D   W   F   Y   G
MGIC 4 9 D   W   F   Y   G
RP 4 10 D   W   F   Y   G
MRIN 4 10 D   W   F   Y   G
BCOV 4 10 D   W   F   Y   G
SPSC 4 11 D   W   F   Y   G
VRNG 4 11 D   W   F   Y   G
GUID 4 19 D   W   F   Y   G
NQ 4 22 D   W   F   Y   G
KEYW 4 22 D   W   F   Y   G
SQI 4 22 D   W   F   Y   G
CVT 4 23 D   W   F   Y   G
ECOM 4 23 D   W   F   Y   G
EOPN 4 23 D   W   F   Y   G
FEYE 4 23 D   W   F   Y   G
CSOD 4 25 D   W   F   Y   G
BSFT 4 28 D   W   F   Y   G
SEAC 4 31 D   W   F   Y   G
BIRT 4 34 D   W   F   Y   G
RALY 4 43 D   W   F   Y   G
JIVE 4 59 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
9.9% 39.5% 8.5% 42.3%

 

Stage Transitions: Application Software

Ticker From To Links
DATA 1 2 D   W   F   Y   G
MANH 4 2 D   W   F   Y   G
PRGS 1 2 D   W   F   Y   G
ORCL 2 3 D   W   F   Y   G
DBD 2 3 D   W   F   Y   G
MSTR 2 3 D   W   F   Y   G
PLUS 2 3 D   W   F   Y   G
QADA 2 3 D   W   F   Y   G
NUAN 3 4 D   W   F   Y   G
CVLT 1 4 D   W   F   Y   G
FLTX 1 4 D   W   F   Y   G
PRO 1 4 D   W   F   Y   G

 

Stage Analysis: Asset Managers

Ticker Stage Weeks Links
EV 2 3 D   W   F   Y   G
STT 2 11 D   W   F   Y   G
BX 2 17 D   W   F   Y   G
NTRS 2 17 D   W   F   Y   G
AMG 2 17 D   W   F   Y   G
BLK 2 18 D   W   F   Y   G
BEN 2 21 D   W   F   Y   G
AMP 2 22 D   W   F   Y   G
PFG 2 22 D   W   F   Y   G
BK 2 29 D   W   F   Y   G
IVZ 2 31 D   W   F   Y   G
LAZ 2 62 D   W   F   Y   G
LM 2 91 D   W   F   Y   G
TROW 3 9 D   W   F   Y   G
FIG 4 2 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 86.7% 6.7% 6.7%

 

Stage Transitions: Asset Managers

Ticker From To Links

 

Stage Analysis: Autos

Ticker Stage Weeks Links
TM 2 11 D   W   F   Y   G
KNDI 2 14 D   W   F   Y   G
NSANY 2 15 D   W   F   Y   G
TTM 2 33 D   W   F   Y   G
TSLA 2 37 D   W   F   Y   G
F 3 1 D   W   F   Y   G
GM 4 8 D   W   F   Y   G
HMC 4 33 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 62.5% 12.5% 25.0%

 

Stage Transitions: Autos

Ticker From To Links
F 2 3 D   W   F   Y   G

 

Stage Analysis: Auto Parts

Ticker Stage Weeks Links
LKQ 1 5 D   W   F   Y   G
SRI 2 6 D   W   F   Y   G
MPAA 2 7 D   W   F   Y   G
STRT 2 8 D   W   F   Y   G
CAAS 2 19 D   W   F   Y   G
PLOW 2 31 D   W   F   Y   G
LEA 2 32 D   W   F   Y   G
TRW 2 33 D   W   F   Y   G
THRM 2 54 D   W   F   Y   G
VC 2 99 D   W   F   Y   G
DLPH 3 1 D   W   F   Y   G
MTOR 3 1 D   W   F   Y   G
FSS 3 1 D   W   F   Y   G
CPS 3 1 D   W   F   Y   G
JCI 3 3 D   W   F   Y   G
ALV 3 3 D   W   F   Y   G
ALSN 3 3 D   W   F   Y   G
TEN 3 3 D   W   F   Y   G
DAN 3 3 D   W   F   Y   G
BWA 3 6 D   W   F   Y   G
MLR 3 7 D   W   F   Y   G
SMP 3 8 D   W   F   Y   G
WBC 4 1 D   W   F   Y   G
GNTX 4 1 D   W   F   Y   G
SUP 4 2 D   W   F   Y   G
MOD 4 3 D   W   F   Y   G
FDML 4 6 D   W   F   Y   G
REMY 4 6 D   W   F   Y   G
WPRT 4 7 D   W   F   Y   G
MNRO 4 8 D   W   F   Y   G
AXL 4 8 D   W   F   Y   G
DORM 4 12 D   W   F   Y   G
QTWW 4 21 D   W   F   Y   G
TXIC 4 30 D   W   F   Y   G
ZX 4 44 D   W   F   Y   G
FSYS 4 47 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
2.8% 25.0% 33.4% 38.9%

 

Stage Transitions: Auto Parts

Ticker From To Links
DLPH 2 3 D   W   F   Y   G
MTOR 2 3 D   W   F   Y   G
FSS 2 3 D   W   F   Y   G
CPS 2 3 D   W   F   Y   G
WBC 3 4 D   W   F   Y   G
GNTX 3 4 D   W   F   Y   G

 

Stage Analysis: Banks

Ticker Stage Weeks Links
STI 2 2 D   W   F   Y   G
BBT 2 2 D   W   F   Y   G
KEY 2 3 D   W   F   Y   G
BAC 2 5 D   W   F   Y   G
C 2 6 D   W   F   Y   G
USB 2 6 D   W   F   Y   G
JPM 2 15 D   W   F   Y   G
CMA 2 17 D   W   F   Y   G
WFC 2 92 D   W   F   Y   G
RF 3 1 D   W   F   Y   G
FITB 4 6 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 81.9% 9.1% 9.1%

 

Stage Transitions: Banks

Ticker From To Links
RF 2 3 D   W   F   Y   G

 

Stage Analysis: Beverages – Brewers

Ticker Stage Weeks Links
BREW 1 6 D   W   F   Y   G
VCO 2 2 D   W   F   Y   G
BUD 2 31 D   W   F   Y   G
TAP 2 64 D   W   F   Y   G
FMX 3 1 D   W   F   Y   G
BORN 4 3 D   W   F   Y   G
SAM 4 4 D   W   F   Y   G
CCU 4 10 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
12.5% 37.5% 12.5% 37.5%

 

Stage Transitions: Beverages – Brewers

Ticker From To Links
FMX 2 3 D   W   F   Y   G

 

Stage Analysis: Biotech

Ticker Stage Weeks Links
ACOR 1 1 D   W   F   Y   G
SGEN 2 1 D   W   F   Y   G
BMRN 2 4 D   W   F   Y   G
ALNY 2 5 D   W   F   Y   G
ACAD 2 5 D   W   F   Y   G
INSY 2 5 D   W   F   Y   G
NLNK 2 5 D   W   F   Y   G
ARWR 2 5 D   W   F   Y   G
JAZZ 2 7 D   W   F   Y   G
CRL 2 7 D   W   F   Y   G
NKTR 2 7 D   W   F   Y   G
AGIO 2 7 D   W   F   Y   G
PBYI 2 10 D   W   F   Y   G
IDIX 2 10 D   W   F   Y   G
REGN 2 12 D   W   F   Y   G
ANAC 2 13 D   W   F   Y   G
VRTX 2 14 D   W   F   Y   G
RCPT 2 14 D   W   F   Y   G
AMGN 2 15 D   W   F   Y   G
DYAX 2 15 D   W   F   Y   G
PTLA 2 15 D   W   F   Y   G
PTCT 2 16 D   W   F   Y   G
CELG 2 17 D   W   F   Y   G
BIIB 2 18 D   W   F   Y   G
MDVN 2 18 D   W   F   Y   G
EXAS 2 18 D   W   F   Y   G
GILD 2 21 D   W   F   Y   G
TECH 2 21 D   W   F   Y   G
QCOR 2 30 D   W   F   Y   G
ITMN 2 31 D   W   F   Y   G
ENTA 2 49 D   W   F   Y   G
CBPO 2 58 D   W   F   Y   G
ALXN 2 64 D   W   F   Y   G
ILMN 2 83 D   W   F   Y   G
NVAX 3 1 D   W   F   Y   G
EPZM 3 1 D   W   F   Y   G
BCRX 3 1 D   W   F   Y   G
PDLI 3 2 D   W   F   Y   G
INCY 3 3 D   W   F   Y   G
MNKD 3 7 D   W   F   Y   G
TSRO 4 1 D   W   F   Y   G
EBS 4 1 D   W   F   Y   G
XOMA 4 1 D   W   F   Y   G
NPSP 4 2 D   W   F   Y   G
EXEL 4 4 D   W   F   Y   G
GEVA 4 7 D   W   F   Y   G
INSM 4 8 D   W   F   Y   G
THRX 4 9 D   W   F   Y   G
SGMO 4 11 D   W   F   Y   G
LXRX 4 11 D   W   F   Y   G
SRPT 4 12 D   W   F   Y   G
OMED 4 12 D   W   F   Y   G
ARNA 4 18 D   W   F   Y   G
CLVS 4 21 D   W   F   Y   G
ARIA 4 25 D   W   F   Y   G
HALO 4 26 D   W   F   Y   G
CLDX 4 27 D   W   F   Y   G
IMGN 4 27 D   W   F   Y   G
AEGR 4 36 D   W   F   Y   G
VVUS 4 58 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
1.7% 55.1% 10.0% 33.4%

 

Stage Transitions: Biotech

Ticker From To Links
ACOR 4 1 D   W   F   Y   G
SGEN 1 2 D   W   F   Y   G
NVAX 2 3 D   W   F   Y   G
EPZM 2 3 D   W   F   Y   G
BCRX 2 3 D   W   F   Y   G
TSRO 1 4 D   W   F   Y   G
EBS 3 4 D   W   F   Y   G
XOMA 1 4 D   W   F   Y   G

 

Stage Analysis: Brokers

Ticker Stage Weeks Links
GHL 1 4 D   W   F   Y   G
SF 2 6 D   W   F   Y   G
ETFC 2 7 D   W   F   Y   G
CME 2 10 D   W   F   Y   G
RJF 2 10 D   W   F   Y   G
AMTD 2 13 D   W   F   Y   G
GS 2 15 D   W   F   Y   G
SCHW 2 15 D   W   F   Y   G
MS 2 18 D   W   F   Y   G
PJC 2 56 D   W   F   Y   G
KCG 3 3 D   W   F   Y   G
OPY 4 2 D   W   F   Y   G
ITG 4 6 D   W   F   Y   G
NMR 4 9 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.2% 64.3% 7.2% 21.5%

 

Stage Transitions: Brokers

Ticker From To Links

 

Stage Analysis: Business Software

Ticker Stage Weeks Links
EBIX 1 4 D   W   F   Y   G
N 1 5 D   W   F   Y   G
GWRE 2 1 D   W   F   Y   G
CALD 2 3 D   W   F   Y   G
DOX 2 4 D   W   F   Y   G
QLIK 2 5 D   W   F   Y   G
DSGX 2 7 D   W   F   Y   G
CSGS 2 10 D   W   F   Y   G
SABA 2 11 D   W   F   Y   G
CTXS 2 15 D   W   F   Y   G
BLKB 2 15 D   W   F   Y   G
VRNT 2 18 D   W   F   Y   G
IRM 2 19 D   W   F   Y   G
SSNC 2 20 D   W   F   Y   G
ADP 2 21 D   W   F   Y   G
FFIV 2 39 D   W   F   Y   G
NTCT 2 63 D   W   F   Y   G
MSFT 2 76 D   W   F   Y   G
FICO 3 1 D   W   F   Y   G
PEGA 3 1 D   W   F   Y   G
SPNS 3 1 D   W   F   Y   G
DST 3 3 D   W   F   Y   G
JKHY 3 6 D   W   F   Y   G
FORTY 3 12 D   W   F   Y   G
TIBX 4 1 D   W   F   Y   G
AZPN 4 2 D   W   F   Y   G
SLH 4 4 D   W   F   Y   G
CTSH 4 5 D   W   F   Y   G
EVTC 4 9 D   W   F   Y   G
PRFT 4 9 D   W   F   Y   G
SAPE 4 10 D   W   F   Y   G
EPAY 4 20 D   W   F   Y   G
CA 4 21 D   W   F   Y   G
ININ 4 21 D   W   F   Y   G
INFA 4 24 D   W   F   Y   G
DWCH 4 25 D   W   F   Y   G
TNGO 4 26 D   W   F   Y   G
SREV 4 41 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
5.3% 42.2% 15.8% 36.9%

 

Stage Transitions: Business Software

Ticker From To Links
GWRE 1 2 D   W   F   Y   G
FICO 2 3 D   W   F   Y   G
PEGA 2 3 D   W   F   Y   G
SPNS 2 3 D   W   F   Y   G
TIBX 1 4 D   W   F   Y   G

 

Stage Analysis: Cement

Ticker Stage Weeks Links
CPAC 1 7 D   W   F   Y   G
TXI 2 29 D   W   F   Y   G
CX 2 42 D   W   F   Y   G
EXP 2 54 D   W   F   Y   G
JHX 4 1 D   W   F   Y   G
CRH 4 9 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
16.7% 50.0% 0.0% 33.4%

 

Stage Transitions: Cement

Ticker From To Links
JHX 3 4 D   W   F   Y   G

 

Stage Analysis: Chemicals – Major Diversified

Ticker Stage Weeks Links
BAK 1 2 D   W   F   Y   G
BCPC 2 1 D   W   F   Y   G
ACET 2 4 D   W   F   Y   G
PX 2 5 D   W   F   Y   G
MTX 2 5 D   W   F   Y   G
CE 2 6 D   W   F   Y   G
LNDC 2 14 D   W   F   Y   G
ARG 2 17 D   W   F   Y   G
PDH 2 21 D   W   F   Y   G
REX 2 44 D   W   F   Y   G
HUN 2 56 D   W   F   Y   G
DOW 2 75 D   W   F   Y   G
ASH 2 77 D   W   F   Y   G
APD 2 92 D   W   F   Y   G
SHLM 3 1 D   W   F   Y   G
BIOA 3 1 D   W   F   Y   G
LXU 3 2 D   W   F   Y   G
EMN 3 9 D   W   F   Y   G
ARSD 3 11 D   W   F   Y   G
VHI 4 1 D   W   F   Y   G
RTK 4 1 D   W   F   Y   G
FF 4 10 D   W   F   Y   G
FMC 4 11 D   W   F   Y   G
SQM 4 11 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
4.2% 54.2% 20.9% 20.9%

 

Stage Transitions: Chemicals – Major Diversified

Ticker From To Links
BCPC 1 2 D   W   F   Y   G
SHLM 2 3 D   W   F   Y   G
BIOA 2 3 D   W   F   Y   G
VHI 1 4 D   W   F   Y   G
RTK 3 4 D   W   F   Y   G

 

Stage Analysis: Chemicals – Specialty

Ticker Stage Weeks Links
SNMX 2 3 D   W   F   Y   G
HWKN 2 4 D   W   F   Y   G
KWR 2 5 D   W   F   Y   G
FOE 2 8 D   W   F   Y   G
MEOH 2 13 D   W   F   Y   G
AMRS 2 14 D   W   F   Y   G
TAM 2 18 D   W   F   Y   G
ROC 2 19 D   W   F   Y   G
IPHS 2 31 D   W   F   Y   G
PEIX 2 40 D   W   F   Y   G
VAL 2 50 D   W   F   Y   G
SHW 2 53 D   W   F   Y   G
WLK 2 73 D   W   F   Y   G
NEU 2 80 D   W   F   Y   G
GPRE 2 94 D   W   F   Y   G
SIAL 2 95 D   W   F   Y   G
RPM 2 96 D   W   F   Y   G
LYB 2 116 D   W   F   Y   G
PPG 3 1 D   W   F   Y   G
IFF 3 1 D   W   F   Y   G
GRA 3 1 D   W   F   Y   G
CYT 3 1 D   W   F   Y   G
SXT 3 1 D   W   F   Y   G
OLN 3 2 D   W   F   Y   G
POL 3 5 D   W   F   Y   G
FTK 3 6 D   W   F   Y   G
CBT 3 9 D   W   F   Y   G
CHMT 4 1 D   W   F   Y   G
KRO 4 2 D   W   F   Y   G
ALB 4 6 D   W   F   Y   G
WDFC 4 6 D   W   F   Y   G
FUL 4 8 D   W   F   Y   G
OMN 4 10 D   W   F   Y   G
OMG 4 11 D   W   F   Y   G
KRA 4 12 D   W   F   Y   G
IOSP 4 21 D   W   F   Y   G
KOP 4 21 D   W   F   Y   G
ODC 4 21 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 47.4% 23.7% 29.0%

 

Stage Transitions: Chemicals – Specialty

Ticker From To Links
PPG 2 3 D   W   F   Y   G
IFF 2 3 D   W   F   Y   G
GRA 2 3 D   W   F   Y   G
CYT 2 3 D   W   F   Y   G
SXT 2 3 D   W   F   Y   G
CHMT 3 4 D   W   F   Y   G

 

Stage Analysis: Clean Energy

Ticker Stage Weeks Links
FCEL 3 1 D   W   F   Y   G
HYGS 3 1 D   W   F   Y   G
PLUG 3 1 D   W   F   Y   G
BLDP 3 4 D   W   F   Y   G
CPST 4 12 D   W   F   Y   G
QTWW 4 21 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 0.0% 66.7% 33.4%

 

Stage Transitions: Clean Energy

Ticker From To Links
FCEL 2 3 D   W   F   Y   G
HYGS 2 3 D   W   F   Y   G
PLUG 2 3 D   W   F   Y   G

 

Stage Analysis: Coal

Ticker Stage Weeks Links
YZC 2 4 D   W   F   Y   G
ARLP 2 89 D   W   F   Y   G
WLB 2 95 D   W   F   Y   G
KOL 4 1 D   W   F   Y   G
CNX 4 2 D   W   F   Y   G
NRP 4 3 D   W   F   Y   G
CLD 4 11 D   W   F   Y   G
BTU 4 17 D   W   F   Y   G
ACI 4 19 D   W   F   Y   G
ANR 4 37 D   W   F   Y   G
WLT 4 38 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 27.3% 0.0% 72.8%

 

Stage Transitions: Coal

Ticker From To Links
KOL 3 4 D   W   F   Y   G

 

Stage Analysis: Commodities

Ticker Stage Weeks Links
COW 2 2 D   W   F   Y   G
NLR 2 6 D   W   F   Y   G
JO 2 9 D   W   F   Y   G
CHOC 2 60 D   W   F   Y   G
PALL 3 1 D   W   F   Y   G
JJM 3 1 D   W   F   Y   G
MOO 3 9 D   W   F   Y   G
KOL 4 1 D   W   F   Y   G
JJC 4 3 D   W   F   Y   G
PPLT 4 4 D   W   F   Y   G
REMX 4 4 D   W   F   Y   G
OIL 4 5 D   W   F   Y   G
GLD 4 6 D   W   F   Y   G
DBA 4 6 D   W   F   Y   G
SLV 4 7 D   W   F   Y   G
UGA 4 7 D   W   F   Y   G
GCC 4 8 D   W   F   Y   G
UNG 4 8 D   W   F   Y   G
SOYB 4 10 D   W   F   Y   G
BAL 4 15 D   W   F   Y   G
WEAT 4 17 D   W   F   Y   G
CORN 4 18 D   W   F   Y   G
SGG 4 22 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 17.4% 13.1% 69.6%

 

Stage Transitions: Commodities

Ticker From To Links
PALL 2 3 D   W   F   Y   G
JJM 2 3 D   W   F   Y   G
KOL 3 4 D   W   F   Y   G

 

Stage Analysis: Copper

Ticker Stage Weeks Links
NSU 2 15 D   W   F   Y   G
SCCO 2 32 D   W   F   Y   G
AZC 3 1 D   W   F   Y   G
FCX 3 3 D   W   F   Y   G
LIWA 4 29 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 40.0% 40.0% 20.0%

 

Stage Transitions: Copper

Ticker From To Links
AZC 2 3 D   W   F   Y   G

 

Stage Analysis: Data Storage

Ticker Stage Weeks Links
TDC 1 5 D   W   F   Y   G
DTLK 1 7 D   W   F   Y   G
NTAP 2 7 D   W   F   Y   G
BRCD 2 7 D   W   F   Y   G
STX 2 18 D   W   F   Y   G
EMC 2 37 D   W   F   Y   G
SNDK 2 55 D   W   F   Y   G
WDC 2 93 D   W   F   Y   G
QTM 4 1 D   W   F   Y   G
ELX 4 27 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
20.0% 60.0% 0.0% 20.0%

 

Stage Transitions: Data Storage

Ticker From To Links
QTM 1 4 D   W   F   Y   G

 

Stage Analysis: Defense and Aerospace

Ticker Stage Weeks Links
DGI 1 4 D   W   F   Y   G
TGI 1 5 D   W   F   Y   G
ESLT 2 1 D   W   F   Y   G
BA 2 2 D   W   F   Y   G
COL 2 2 D   W   F   Y   G
XLS 2 2 D   W   F   Y   G
ORB 2 2 D   W   F   Y   G
TASR 2 4 D   W   F   Y   G
RTN 2 5 D   W   F   Y   G
MOG-A 2 5 D   W   F   Y   G
HII 2 6 D   W   F   Y   G
ATRO 2 8 D   W   F   Y   G
SPR 2 22 D   W   F   Y   G
WWD 2 22 D   W   F   Y   G
ERJ 2 31 D   W   F   Y   G
LMT 2 81 D   W   F   Y   G
ESL 2 93 D   W   F   Y   G
GD 2 95 D   W   F   Y   G
TDG 2 154 D   W   F   Y   G
HEI-A 3 1 D   W   F   Y   G
LLL 3 9 D   W   F   Y   G
BEAV 3 9 D   W   F   Y   G
FLIR 3 9 D   W   F   Y   G
KAMN 3 9 D   W   F   Y   G
ATK 3 11 D   W   F   Y   G
AVAV 4 1 D   W   F   Y   G
CAE 4 4 D   W   F   Y   G
HXL 4 10 D   W   F   Y   G
HEI 4 14 D   W   F   Y   G
RGR 4 18 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
6.7% 56.7% 20.0% 16.7%

 

Stage Transitions: Defense and Aerospace

Ticker From To Links
ESLT 3 2 D   W   F   Y   G
HEI-A 2 3 D   W   F   Y   G
AVAV 3 4 D   W   F   Y   G

 

Stage Analysis: Diversified Machinery

Ticker Stage Weeks Links
PLL 2 2 D   W   F   Y   G
DHR 2 3 D   W   F   Y   G
JBT 2 3 D   W   F   Y   G
PSIX 2 3 D   W   F   Y   G
XYL 2 4 D   W   F   Y   G
AME 2 5 D   W   F   Y   G
MIDD 2 6 D   W   F   Y   G
RXN 2 6 D   W   F   Y   G
ITW 2 7 D   W   F   Y   G
THR 2 8 D   W   F   Y   G
ROP 2 21 D   W   F   Y   G
DRC 2 21 D   W   F   Y   G
NDSN 2 24 D   W   F   Y   G
HI 2 64 D   W   F   Y   G
ITT 2 88 D   W   F   Y   G
MMM 2 95 D   W   F   Y   G
HON 2 114 D   W   F   Y   G
CAT 3 1 D   W   F   Y   G
DOV 3 1 D   W   F   Y   G
GGG 3 1 D   W   F   Y   G
PPO 3 1 D   W   F   Y   G
FLS 3 2 D   W   F   Y   G
IEX 3 2 D   W   F   Y   G
ZBRA 3 2 D   W   F   Y   G
IR 3 3 D   W   F   Y   G
SPW 3 3 D   W   F   Y   G
GE 3 9 D   W   F   Y   G
ROK 3 9 D   W   F   Y   G
CR 3 9 D   W   F   Y   G
CMI 4 1 D   W   F   Y   G
CYD 4 1 D   W   F   Y   G
LII 4 2 D   W   F   Y   G
GRC 4 2 D   W   F   Y   G
CFX 4 4 D   W   F   Y   G
LXFR 4 4 D   W   F   Y   G
ETN 4 5 D   W   F   Y   G
RBC 4 6 D   W   F   Y   G
POWL 4 8 D   W   F   Y   G
BWC 4 9 D   W   F   Y   G
ATU 4 12 D   W   F   Y   G
GNRC 4 13 D   W   F   Y   G
ABB 4 15 D   W   F   Y   G
BGG 4 16 D   W   F   Y   G
AIXG 4 19 D   W   F   Y   G
RAVN 4 25 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 37.8% 26.7% 35.6%

 

Stage Transitions: Diversified Machinery

Ticker From To Links
CAT 2 3 D   W   F   Y   G
DOV 2 3 D   W   F   Y   G
GGG 2 3 D   W   F   Y   G
PPO 2 3 D   W   F   Y   G
CMI 3 4 D   W   F   Y   G
CYD 3 4 D   W   F   Y   G

 

Stage Analysis: Dow Jones

Ticker Stage Weeks Links
PFE 1 2 D   W   F   Y   G
T 2 2 D   W   F   Y   G
BA 2 2 D   W   F   Y   G
DD 2 2 D   W   F   Y   G
WMT 2 4 D   W   F   Y   G
V 2 6 D   W   F   Y   G
IBM 2 12 D   W   F   Y   G
PG 2 12 D   W   F   Y   G
GS 2 15 D   W   F   Y   G
JPM 2 15 D   W   F   Y   G
HD 2 18 D   W   F   Y   G
NKE 2 18 D   W   F   Y   G
VZ 2 20 D   W   F   Y   G
CSCO 2 24 D   W   F   Y   G
KO 2 24 D   W   F   Y   G
TRV 2 25 D   W   F   Y   G
JNJ 2 32 D   W   F   Y   G
MRK 2 46 D   W   F   Y   G
INTC 2 54 D   W   F   Y   G
DIS 2 55 D   W   F   Y   G
MSFT 2 76 D   W   F   Y   G
UNH 2 81 D   W   F   Y   G
MMM 2 95 D   W   F   Y   G
CAT 3 1 D   W   F   Y   G
CVX 3 1 D   W   F   Y   G
XOM 3 6 D   W   F   Y   G
AXP 3 8 D   W   F   Y   G
GE 3 9 D   W   F   Y   G
MCD 4 6 D   W   F   Y   G
UTX 4 7 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
3.4% 73.4% 16.7% 6.7%

 

Stage Transitions: Dow Jones

Ticker From To Links
CAT 2 3 D   W   F   Y   G
CVX 2 3 D   W   F   Y   G

 

Stage Analysis: Drugs

Ticker Stage Weeks Links
PFE 1 2 D   W   F   Y   G
RPTP 1 6 D   W   F   Y   G
AZN 2 6 D   W   F   Y   G
ICPT 2 6 D   W   F   Y   G
NBIX 2 6 D   W   F   Y   G
TXMD 2 6 D   W   F   Y   G
BMY 2 7 D   W   F   Y   G
ABBV 2 22 D   W   F   Y   G
SNY 2 27 D   W   F   Y   G
JNJ 2 32 D   W   F   Y   G
LLY 2 37 D   W   F   Y   G
GWPH 2 43 D   W   F   Y   G
MRK 2 46 D   W   F   Y   G
PCRX 2 92 D   W   F   Y   G
NVS 2 117 D   W   F   Y   G
KERX 3 1 D   W   F   Y   G
HZNP 3 5 D   W   F   Y   G
KYTH 4 1 D   W   F   Y   G
IPXL 4 3 D   W   F   Y   G
RMTI 4 7 D   W   F   Y   G
GSK 4 8 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
9.6% 62.0% 9.6% 19.1%

 

Stage Transitions: Drugs

Ticker From To Links
KERX 2 3 D   W   F   Y   G
KYTH 1 4 D   W   F   Y   G

 

Stage Analysis: Drugs Other

Ticker Stage Weeks Links
ENDP 2 1 D   W   F   Y   G
LCI 2 1 D   W   F   Y   G
ISIS 2 3 D   W   F   Y   G
UTHR 2 5 D   W   F   Y   G
PCYC 2 6 D   W   F   Y   G
DEPO 2 6 D   W   F   Y   G
RDY 2 12 D   W   F   Y   G
AGN 2 41 D   W   F   Y   G
TEVA 2 45 D   W   F   Y   G
NVO 2 61 D   W   F   Y   G
TARO 2 65 D   W   F   Y   G
FRX 2 82 D   W   F   Y   G
AMRN 4 3 D   W   F   Y   G
CBST 4 9 D   W   F   Y   G
MDCO 4 12 D   W   F   Y   G
OREX 4 12 D   W   F   Y   G
SGYP 4 22 D   W   F   Y   G
SCMP 4 23 D   W   F   Y   G
DVAX 4 24 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 63.2% 0.0% 36.9%

 

Stage Transitions: Drugs Other

Ticker From To Links
ENDP 3 2 D   W   F   Y   G
LCI 3 2 D   W   F   Y   G

 

Stage Analysis: Farm and Construction Machinery

Ticker Stage Weeks Links
JOY 3 2 D   W   F   Y   G
ASTE 3 3 D   W   F   Y   G
GENC 3 7 D   W   F   Y   G
MTW 3 8 D   W   F   Y   G
DE 4 6 D   W   F   Y   G
CMCO 4 7 D   W   F   Y   G
LNN 4 8 D   W   F   Y   G
TEX 4 9 D   W   F   Y   G
ALG 4 9 D   W   F   Y   G
AGCO 4 11 D   W   F   Y   G
ARTW 4 22 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 0.0% 36.4% 63.7%

 

Stage Transitions: Farm and Construction Machinery

Ticker From To Links

 

Stage Analysis: Farm Products

Ticker Stage Weeks Links
LMNR 2 4 D   W   F   Y   G
ALCO 2 5 D   W   F   Y   G
BG 2 7 D   W   F   Y   G
CQB 2 7 D   W   F   Y   G
GAGA 2 9 D   W   F   Y   G
ANDE 2 10 D   W   F   Y   G
CVGW 2 17 D   W   F   Y   G
OINK 2 17 D   W   F   Y   G
FDP 2 20 D   W   F   Y   G
ADM 2 87 D   W   F   Y   G
AGRO 3 3 D   W   F   Y   G
CHSCP 3 3 D   W   F   Y   G
CRESY 3 5 D   W   F   Y   G
SEED 3 9 D   W   F   Y   G
GRO 4 15 D   W   F   Y   G
SANW 4 18 D   W   F   Y   G
PME 4 22 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 58.9% 23.6% 17.7%

 

Stage Transitions: Farm Products

Ticker From To Links

 

Stage Analysis: General Building Materials

Ticker Stage Weeks Links
NX 1 2 D   W   F   Y   G
PGEM 1 4 D   W   F   Y   G
GFF 2 2 D   W   F   Y   G
PGTI 2 3 D   W   F   Y   G
HW 2 4 D   W   F   Y   G
TREX 2 5 D   W   F   Y   G
AWI 2 6 D   W   F   Y   G
CSTE 2 6 D   W   F   Y   G
DOOR 2 6 D   W   F   Y   G
MAS 2 7 D   W   F   Y   G
APOG 2 14 D   W   F   Y   G
NCS 2 17 D   W   F   Y   G
TGLS 2 29 D   W   F   Y   G
MLM 2 38 D   W   F   Y   G
USCR 2 118 D   W   F   Y   G
VMC 3 8 D   W   F   Y   G
NTK 3 8 D   W   F   Y   G
USLM 3 8 D   W   F   Y   G
AAON 4 3 D   W   F   Y   G
CADC 4 3 D   W   F   Y   G
STCK 4 8 D   W   F   Y   G
USG 4 11 D   W   F   Y   G
OC 4 12 D   W   F   Y   G
UFPI 4 12 D   W   F   Y   G
RGSE 4 20 D   W   F   Y   G
BECN 4 23 D   W   F   Y   G
CCCL 4 36 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.5% 48.2% 11.2% 33.4%

 

Stage Transitions: General Building Materials

Ticker From To Links

 

Stage Analysis: Graphite

Ticker Stage Weeks Links
NRT.V 1 1 D   W   F   Y   G
ELI.V 2 1 D   W   F   Y   G
CCB.V 2 7 D   W   F   Y   G
LLG.V 2 10 D   W   F   Y   G
NGC.V 2 10 D   W   F   Y   G
FMS.V 3 1 D   W   F   Y   G
SRK.V 4 5 D   W   F   Y   G
ZEN.V 4 14 D   W   F   Y   G
GPH.V 4 16 D   W   F   Y   G
SGH.V 4 24 D   W   F   Y   G
GXY.V 4 36 D   W   F   Y   G
RBW.V 4 50 D   W   F   Y   G
USGT 4 87 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.7% 30.8% 7.7% 53.9%

 

Stage Transitions: Graphite

Ticker From To Links
NRT.V 2 1 D   W   F   Y   G
ELI.V 1 2 D   W   F   Y   G
FMS.V 2 3 D   W   F   Y   G

 

Stage Analysis: Grocery Stores

Ticker Stage Weeks Links
TFM 1 4 D   W   F   Y   G
DEG 2 6 D   W   F   Y   G
CASY 2 6 D   W   F   Y   G
SUSS 2 19 D   W   F   Y   G
SVU 2 26 D   W   F   Y   G
KR 2 31 D   W   F   Y   G
SWY 2 33 D   W   F   Y   G
CBD 3 1 D   W   F   Y   G
IMKTA 3 8 D   W   F   Y   G
WMK 4 22 D   W   F   Y   G
NGVC 4 22 D   W   F   Y   G
QKLS 4 28 D   W   F   Y   G
SFM 4 30 D   W   F   Y   G
RNDY 4 32 D   W   F   Y   G
WFM 4 33 D   W   F   Y   G
VLGEA 4 41 D   W   F   Y   G
FWM 4 44 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
5.9% 35.3% 11.8% 47.1%

 

Stage Transitions: Grocery Stores

Ticker From To Links
CBD 2 3 D   W   F   Y   G

 

Stage Analysis: Heavy Construction

Ticker Stage Weeks Links
PRIM 1 1 D   W   F   Y   G
GV 1 5 D   W   F   Y   G
DY 2 4 D   W   F   Y   G
AEGN 2 7 D   W   F   Y   G
AGX 2 56 D   W   F   Y   G
TPC 3 2 D   W   F   Y   G
FWLT 3 8 D   W   F   Y   G
GVA 4 3 D   W   F   Y   G
MTRX 4 4 D   W   F   Y   G
FLR 4 7 D   W   F   Y   G
STRL 4 8 D   W   F   Y   G
ICA 4 9 D   W   F   Y   G
MTZ 4 14 D   W   F   Y   G
ORN 4 14 D   W   F   Y   G
GLDD 4 19 D   W   F   Y   G
LAYN 4 22 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
12.5% 18.8% 12.5% 56.3%

 

Stage Transitions: Heavy Construction

Ticker From To Links
PRIM 2 1 D   W   F   Y   G

 

Stage Analysis: Homebuilders

Ticker Stage Weeks Links
LEN 2 2 D   W   F   Y   G
NVR 2 9 D   W   F   Y   G
SPF 4 3 D   W   F   Y   G
KBH 4 4 D   W   F   Y   G
DHI 4 5 D   W   F   Y   G
GFA 4 6 D   W   F   Y   G
PHM 4 7 D   W   F   Y   G
TOL 4 9 D   W   F   Y   G
MDC 4 9 D   W   F   Y   G
MHO 4 9 D   W   F   Y   G
BZH 4 12 D   W   F   Y   G
RYL 4 23 D   W   F   Y   G
TMHC 4 23 D   W   F   Y   G
MTH 4 25 D   W   F   Y   G
TPH 4 26 D   W   F   Y   G
HOV 4 28 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 12.5% 0.0% 87.5%

 

Stage Transitions: Homebuilders

Ticker From To Links

 

Stage Analysis: Home Furnishings

Ticker Stage Weeks Links
BBBY 1 5 D   W   F   Y   G
RH 2 18 D   W   F   Y   G
WSM 3 1 D   W   F   Y   G
KIRK 4 6 D   W   F   Y   G
HVT 4 20 D   W   F   Y   G
PIR 4 37 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
16.7% 16.7% 16.7% 50.0%

 

Stage Transitions: Home Furnishings

Ticker From To Links
WSM 2 3 D   W   F   Y   G

 

Stage Analysis: Industrial Metals And Minerals

Ticker Stage Weeks Links
TRQ 1 3 D   W   F   Y   G
URRE 1 6 D   W   F   Y   G
RIOM 2 12 D   W   F   Y   G
ZINC 2 19 D   W   F   Y   G
SLCA 2 31 D   W   F   Y   G
HCLP 2 76 D   W   F   Y   G
ARLP 2 89 D   W   F   Y   G
GSM 3 1 D   W   F   Y   G
PLM 3 1 D   W   F   Y   G
TAHO 3 2 D   W   F   Y   G
SWC 3 2 D   W   F   Y   G
RIO 3 3 D   W   F   Y   G
BBL 3 4 D   W   F   Y   G
CMP 3 7 D   W   F   Y   G
MTRN 3 8 D   W   F   Y   G
BHP 4 1 D   W   F   Y   G
MUX 4 1 D   W   F   Y   G
PVG 4 1 D   W   F   Y   G
MIL 4 1 D   W   F   Y   G
ASM 4 1 D   W   F   Y   G
CNX 4 2 D   W   F   Y   G
TC 4 2 D   W   F   Y   G
TGB 4 2 D   W   F   Y   G
NRP 4 3 D   W   F   Y   G
NCQ 4 3 D   W   F   Y   G
TCK 4 4 D   W   F   Y   G
HSC 4 4 D   W   F   Y   G
DNN 4 4 D   W   F   Y   G
VALE 4 5 D   W   F   Y   G
UEC 4 5 D   W   F   Y   G
PLG 4 6 D   W   F   Y   G
URZ 4 10 D   W   F   Y   G
CLD 4 11 D   W   F   Y   G
TAS 4 13 D   W   F   Y   G
UAMY 4 15 D   W   F   Y   G
CCJ 4 17 D   W   F   Y   G
BTU 4 17 D   W   F   Y   G
URG 4 19 D   W   F   Y   G
ACI 4 19 D   W   F   Y   G
AXX 4 20 D   W   F   Y   G
ATL 4 20 D   W   F   Y   G
PBM 4 20 D   W   F   Y   G
PZG 4 24 D   W   F   Y   G
SVBL 4 24 D   W   F   Y   G
AXU 4 25 D   W   F   Y   G
EMXX 4 26 D   W   F   Y   G
CHNR 4 27 D   W   F   Y   G
REE 4 28 D   W   F   Y   G
AVL 4 28 D   W   F   Y   G
CLF 4 36 D   W   F   Y   G
ANR 4 37 D   W   F   Y   G
WLT 4 38 D   W   F   Y   G
MCP 4 50 D   W   F   Y   G
GMO 4 82 D   W   F   Y   G
NAK 4 84 D   W   F   Y   G
PAL 4 84 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
3.6% 9.0% 14.3% 73.3%

 

Stage Transitions: Industrial Metals And Minerals

Ticker From To Links
GSM 2 3 D   W   F   Y   G
PLM 2 3 D   W   F   Y   G
BHP 3 4 D   W   F   Y   G
MUX 3 4 D   W   F   Y   G
PVG 3 4 D   W   F   Y   G
MIL 2 4 D   W   F   Y   G
ASM 3 4 D   W   F   Y   G

 

Stage Analysis: Internet

Ticker Stage Weeks Links
LNKD 2 6 D   W   F   Y   G
IACI 2 6 D   W   F   Y   G
YELP 2 7 D   W   F   Y   G
OPEN 2 7 D   W   F   Y   G
TER 2 7 D   W   F   Y   G
YHOO 2 8 D   W   F   Y   G
MOVE 2 12 D   W   F   Y   G
GOOGL 2 17 D   W   F   Y   G
AKAM 2 17 D   W   F   Y   G
FB 2 18 D   W   F   Y   G
BIDU 2 18 D   W   F   Y   G
TTGT 2 21 D   W   F   Y   G
TRIP 3 1 D   W   F   Y   G
HSTM 4 1 D   W   F   Y   G
YNDX 4 10 D   W   F   Y   G
WWWW 4 11 D   W   F   Y   G
AWAY 4 21 D   W   F   Y   G
TZOO 4 25 D   W   F   Y   G
BCOR 4 29 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 63.2% 5.3% 31.6%

 

Stage Transitions: Internet

Ticker From To Links
TRIP 2 3 D   W   F   Y   G
HSTM 1 4 D   W   F   Y   G

 

Stage Analysis: IPOs

Ticker Stage Weeks Links
MKTO 1 4 D   W   F   Y   G
TWTR 1 8 D   W   F   Y   G
DATA 2 1 D   W   F   Y   G
QUNR 2 6 D   W   F   Y   G
AGIO 2 7 D   W   F   Y   G
YELP 2 7 D   W   F   Y   G
WDAY 2 8 D   W   F   Y   G
HLT 2 11 D   W   F   Y   G
SCTY 2 15 D   W   F   Y   G
AMBA 2 15 D   W   F   Y   G
YY 2 16 D   W   F   Y   G
FANG 3 2 D   W   F   Y   G
QIWI 4 1 D   W   F   Y   G
KATE 4 2 D   W   F   Y   G
WBAI 4 3 D   W   F   Y   G
BCOV 4 10 D   W   F   Y   G
XONE 4 11 D   W   F   Y   G
ZU 4 15 D   W   F   Y   G
TCS 4 17 D   W   F   Y   G
VJET 4 19 D   W   F   Y   G
PBPB 4 21 D   W   F   Y   G
FMI 4 21 D   W   F   Y   G
SALE 4 21 D   W   F   Y   G
BNFT 4 23 D   W   F   Y   G
FUEL 4 23 D   W   F   Y   G
FEYE 4 23 D   W   F   Y   G
ECOM 4 23 D   W   F   Y   G
NDLS 4 26 D   W   F   Y   G
SFM 4 30 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
6.9% 31.1% 3.5% 58.7%

 

Stage Transitions: IPOs

Ticker From To Links
DATA 1 2 D   W   F   Y   G
QIWI 3 4 D   W   F   Y   G

 

Stage Analysis: Information Technology Services

Ticker Stage Weeks Links
RAX 1 4 D   W   F   Y   G
NCR 1 5 D   W   F   Y   G
EPAM 2 1 D   W   F   Y   G
VRTU 2 3 D   W   F   Y   G
IGTE 2 5 D   W   F   Y   G
NOW 2 6 D   W   F   Y   G
RDWR 2 6 D   W   F   Y   G
EPIQ 2 7 D   W   F   Y   G
IBM 2 12 D   W   F   Y   G
SYNT 2 13 D   W   F   Y   G
IT 2 22 D   W   F   Y   G
XRX 2 26 D   W   F   Y   G
CDW 2 35 D   W   F   Y   G
FIS 2 102 D   W   F   Y   G
ACN 3 1 D   W   F   Y   G
SYKE 3 1 D   W   F   Y   G
CSC 3 8 D   W   F   Y   G
WIT 4 1 D   W   F   Y   G
RVBD 4 1 D   W   F   Y   G
VNET 4 3 D   W   F   Y   G
CBR 4 7 D   W   F   Y   G
ACXM 4 21 D   W   F   Y   G
UIS 4 21 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
8.7% 52.2% 13.1% 26.1%

 

Stage Transitions: Information Technology Services

Ticker From To Links
EPAM 3 2 D   W   F   Y   G
ACN 2 3 D   W   F   Y   G
SYKE 2 3 D   W   F   Y   G
WIT 3 4 D   W   F   Y   G
RVBD 3 4 D   W   F   Y   G

 

Stage Analysis: Jewelry

Ticker Stage Weeks Links
TIF 2 22 D   W   F   Y   G
SIG 2 112 D   W   F   Y   G
BGI 4 6 D   W   F   Y   G
DGSE 4 21 D   W   F   Y   G
NILE 4 31 D   W   F   Y   G
CTHR 4 38 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 33.4% 0.0% 66.7%

 

Stage Transitions: Jewelry

Ticker From To Links

 

Stage Analysis: Lithium

Ticker Stage Weeks Links
LAC.TO 2 4 D   W   F   Y   G
WLC.TO 2 9 D   W   F   Y   G
CBAK 2 13 D   W   F   Y   G
ORL.TO 2 13 D   W   F   Y   G
ROC 2 19 D   W   F   Y   G
PPO 3 1 D   W   F   Y   G
LIT 3 2 D   W   F   Y   G
GB 3 7 D   W   F   Y   G
ARTX 3 11 D   W   F   Y   G
ALTI 4 1 D   W   F   Y   G
SQM 4 11 D   W   F   Y   G
FMC 4 11 D   W   F   Y   G
RM.V 4 14 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 38.5% 30.8% 30.8%

 

Stage Transitions: Lithium

Ticker From To Links
PPO 2 3 D   W   F   Y   G
ALTI 1 4 D   W   F   Y   G

 

Stage Analysis: Lodging

Ticker Stage Weeks Links
RLH 1 3 D   W   F   Y   G
OEH 2 4 D   W   F   Y   G
MHGC 2 4 D   W   F   Y   G
CHH 2 14 D   W   F   Y   G
HTHT 2 14 D   W   F   Y   G
EXPE 2 19 D   W   F   Y   G
CTRP 2 31 D   W   F   Y   G
MAR 2 55 D   W   F   Y   G
WYN 2 62 D   W   F   Y   G
H 2 64 D   W   F   Y   G
HOT 2 93 D   W   F   Y   G
IHG 3 7 D   W   F   Y   G
HMIN 4 4 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.7% 77.0% 7.7% 7.7%

 

Stage Transitions: Lodging

Ticker From To Links

 

Stage Analysis: Lumber

Ticker Stage Weeks Links
JCTCF 1 3 D   W   F   Y   G
DEL 2 6 D   W   F   Y   G
BCC 2 9 D   W   F   Y   G
PCH 2 15 D   W   F   Y   G
WY 2 21 D   W   F   Y   G
PATK 2 75 D   W   F   Y   G
POPE 3 1 D   W   F   Y   G
RYN 4 2 D   W   F   Y   G
PCL 4 8 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
11.2% 55.6% 11.2% 22.3%

 

Stage Transitions: Lumber

Ticker From To Links
POPE 2 3 D   W   F   Y   G

 

Stage Analysis: Machine Tools

Ticker Stage Weeks Links
BLT 2 14 D   W   F   Y   G
SWK 2 23 D   W   F   Y   G
NNBR 2 73 D   W   F   Y   G
PRLB 3 1 D   W   F   Y   G
TKR 3 4 D   W   F   Y   G
ROLL 4 2 D   W   F   Y   G
KMT 4 9 D   W   F   Y   G
CVR 4 9 D   W   F   Y   G
HDNG 4 26 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 33.4% 22.3% 44.5%

 

Stage Transitions: Machine Tools

Ticker From To Links
PRLB 2 3 D   W   F   Y   G

 

Stage Analysis: Meat Products

Ticker Stage Weeks Links
HRL 2 6 D   W   F   Y   G
BRFS 2 21 D   W   F   Y   G
PPC 2 44 D   W   F   Y   G
IBA 2 118 D   W   F   Y   G
TSN 3 16 D   W   F   Y   G
BRID 4 16 D   W   F   Y   G
LUK 4 28 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 57.2% 14.3% 28.6%

 

Stage Transitions: Meat Products

Ticker From To Links

 

Stage Analysis: Metal Fabrication

Ticker Stage Weeks Links
MLI 1 4 D   W   F   Y   G
TS 2 3 D   W   F   Y   G
HIHO 2 12 D   W   F   Y   G
ARCW 2 53 D   W   F   Y   G
ATI 3 1 D   W   F   Y   G
AZZ 3 1 D   W   F   Y   G
TOWR 3 2 D   W   F   Y   G
WOR 3 3 D   W   F   Y   G
SHLO 3 4 D   W   F   Y   G
CSTM 3 6 D   W   F   Y   G
RS 4 1 D   W   F   Y   G
RTI 4 1 D   W   F   Y   G
SCHN 4 2 D   W   F   Y   G
SIF 4 3 D   W   F   Y   G
VMI 4 6 D   W   F   Y   G
HAYN 4 6 D   W   F   Y   G
BOOM 4 6 D   W   F   Y   G
CRS 4 8 D   W   F   Y   G
PCP 4 9 D   W   F   Y   G
GTLS 4 9 D   W   F   Y   G
BRSS 4 9 D   W   F   Y   G
GHM 4 9 D   W   F   Y   G
GIFI 4 12 D   W   F   Y   G
ZEUS 4 22 D   W   F   Y   G
MEA 4 23 D   W   F   Y   G
CAS 4 25 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
3.9% 11.6% 23.1% 61.6%

 

Stage Transitions: Metal Fabrication

Ticker From To Links
ATI 2 3 D   W   F   Y   G
AZZ 2 3 D   W   F   Y   G
RS 2 4 D   W   F   Y   G
RTI 1 4 D   W   F   Y   G

 

Stage Analysis: Networking & Communication Devices

Ticker Stage Weeks Links
BBOX 1 3 D   W   F   Y   G
EXTR 1 6 D   W   F   Y   G
ARUN 2 5 D   W   F   Y   G
PANW 2 18 D   W   F   Y   G
SMCI 2 23 D   W   F   Y   G
CSCO 2 24 D   W   F   Y   G
ESYS 3 2 D   W   F   Y   G
LTRX 4 2 D   W   F   Y   G
JNPR 4 7 D   W   F   Y   G
FNSR 4 14 D   W   F   Y   G
SILC 4 14 D   W   F   Y   G
ELON 4 16 D   W   F   Y   G
CNTF 4 18 D   W   F   Y   G
GIMO 4 26 D   W   F   Y   G
DGII 4 29 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
13.4% 26.7% 6.7% 53.4%

 

Stage Transitions: Networking & Communication Devices

Ticker From To Links

 

Stage Analysis: Natural Gas

Ticker Stage Weeks Links
APA 2 21 D   W   F   Y   G
PXD 3 6 D   W   F   Y   G
CHK 4 1 D   W   F   Y   G
UPL 4 1 D   W   F   Y   G
OAS 4 1 D   W   F   Y   G
SWN 4 7 D   W   F   Y   G
GTE 4 8 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 14.3% 14.3% 71.5%

 

Stage Transitions: Natural Gas

Ticker From To Links
CHK 3 4 D   W   F   Y   G
UPL 3 4 D   W   F   Y   G
OAS 3 4 D   W   F   Y   G

 

Stage Analysis: Oil and Gas – Drilling & Exploration

Ticker Stage Weeks Links
CEO 2 13 D   W   F   Y   G
EVEP 2 18 D   W   F   Y   G
PBR-A 2 20 D   W   F   Y   G
PBR 2 20 D   W   F   Y   G
SDLP 2 20 D   W   F   Y   G
LGCY 2 20 D   W   F   Y   G
MVO 2 22 D   W   F   Y   G
WLL 2 32 D   W   F   Y   G
BBEP 2 51 D   W   F   Y   G
NOG 3 1 D   W   F   Y   G
CVE 3 2 D   W   F   Y   G
TAT 3 2 D   W   F   Y   G
CXO 3 3 D   W   F   Y   G
PTEN 3 3 D   W   F   Y   G
AAV 3 3 D   W   F   Y   G
HGT 3 3 D   W   F   Y   G
NBR 3 4 D   W   F   Y   G
ERF 3 4 D   W   F   Y   G
PES 3 4 D   W   F   Y   G
REI 3 5 D   W   F   Y   G
VNR 3 6 D   W   F   Y   G
HP 3 7 D   W   F   Y   G
VET 3 7 D   W   F   Y   G
UNT 3 7 D   W   F   Y   G
CRT 3 9 D   W   F   Y   G
ORIG 4 1 D   W   F   Y   G
HK 4 1 D   W   F   Y   G
PGH 4 2 D   W   F   Y   G
VTG 4 2 D   W   F   Y   G
SDRL 4 3 D   W   F   Y   G
BPZ 4 3 D   W   F   Y   G
NE 4 4 D   W   F   Y   G
SD 4 7 D   W   F   Y   G
ESV 4 8 D   W   F   Y   G
PWE 4 8 D   W   F   Y   G
ATW 4 8 D   W   F   Y   G
MHR 4 8 D   W   F   Y   G
AREX 4 8 D   W   F   Y   G
RIG 4 9 D   W   F   Y   G
BBG 4 9 D   W   F   Y   G
DO 4 12 D   W   F   Y   G
WTI 4 12 D   W   F   Y   G
REXX 4 14 D   W   F   Y   G
PACD 4 29 D   W   F   Y   G
RDC 4 41 D   W   F   Y   G
HERO 4 43 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 19.6% 34.8% 45.7%

 

Stage Transitions: Oil and Gas – Drilling & Exploration

Ticker From To Links
NOG 2 3 D   W   F   Y   G
ORIG 3 4 D   W   F   Y   G
HK 3 4 D   W   F   Y   G

 

Stage Analysis: Oil and Gas – Equipment & Services

Ticker Stage Weeks Links
TESO 2 5 D   W   F   Y   G
GSJK 2 6 D   W   F   Y   G
EXLP 2 7 D   W   F   Y   G
NR 2 16 D   W   F   Y   G
OIS 2 19 D   W   F   Y   G
NOV 2 26 D   W   F   Y   G
WFT 2 31 D   W   F   Y   G
CAM 2 32 D   W   F   Y   G
SYRG 2 32 D   W   F   Y   G
HAL 2 33 D   W   F   Y   G
TLLP 2 34 D   W   F   Y   G
EMES 2 42 D   W   F   Y   G
EXH 2 47 D   W   F   Y   G
ACMP 2 115 D   W   F   Y   G
SPN 3 1 D   W   F   Y   G
HLX 3 1 D   W   F   Y   G
SLB 3 2 D   W   F   Y   G
FTI 3 2 D   W   F   Y   G
RES 3 3 D   W   F   Y   G
FET 3 3 D   W   F   Y   G
BHI 3 6 D   W   F   Y   G
PDS 3 7 D   W   F   Y   G
CJES 3 7 D   W   F   Y   G
BAS 3 8 D   W   F   Y   G
WG 4 1 D   W   F   Y   G
NOA 4 1 D   W   F   Y   G
NGS 4 3 D   W   F   Y   G
CRR 4 5 D   W   F   Y   G
DRQ 4 9 D   W   F   Y   G
MDR 4 9 D   W   F   Y   G
OII 4 10 D   W   F   Y   G
TDW 4 10 D   W   F   Y   G
KEG 4 10 D   W   F   Y   G
HOS 4 10 D   W   F   Y   G
IO 4 10 D   W   F   Y   G
MRC 4 12 D   W   F   Y   G
EXXI 4 12 D   W   F   Y   G
GLF 4 12 D   W   F   Y   G
TTI 4 12 D   W   F   Y   G
CLB 4 17 D   W   F   Y   G
PKD 4 21 D   W   F   Y   G
CKH 4 27 D   W   F   Y   G
CGG 4 52 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 32.6% 23.3% 44.2%

 

Stage Transitions: Oil and Gas – Equipment & Services

Ticker From To Links
SPN 2 3 D   W   F   Y   G
HLX 2 3 D   W   F   Y   G
WG 3 4 D   W   F   Y   G
NOA 3 4 D   W   F   Y   G

 

Stage Analysis: Oil & Gas – Independent

Ticker Stage Weeks Links
ISRL 1 1 D   W   F   Y   G
SJT 2 6 D   W   F   Y   G
EGY 2 8 D   W   F   Y   G
LNCO 2 13 D   W   F   Y   G
SM 2 15 D   W   F   Y   G
LINE 2 17 D   W   F   Y   G
BCEI 2 19 D   W   F   Y   G
APA 2 21 D   W   F   Y   G
PBT 2 22 D   W   F   Y   G
WPX 2 23 D   W   F   Y   G
EEQ 2 23 D   W   F   Y   G
TPLM 2 24 D   W   F   Y   G
MRO 2 25 D   W   F   Y   G
APC 2 26 D   W   F   Y   G
NFX 2 30 D   W   F   Y   G
ATHL 2 30 D   W   F   Y   G
OXY 2 32 D   W   F   Y   G
DKL 2 43 D   W   F   Y   G
QRE 2 50 D   W   F   Y   G
LRE 2 51 D   W   F   Y   G
PHX 2 51 D   W   F   Y   G
EPD 2 53 D   W   F   Y   G
WRES 2 59 D   W   F   Y   G
AXAS 2 62 D   W   F   Y   G
COP 3 1 D   W   F   Y   G
CLR 3 1 D   W   F   Y   G
XEC 3 1 D   W   F   Y   G
NFG 3 1 D   W   F   Y   G
ARP 3 1 D   W   F   Y   G
MEMP 3 1 D   W   F   Y   G
EOX 3 1 D   W   F   Y   G
SU 3 2 D   W   F   Y   G
BTE 3 2 D   W   F   Y   G
FANG 3 2 D   W   F   Y   G
GST 3 2 D   W   F   Y   G
EOG 3 3 D   W   F   Y   G
CNQ 3 3 D   W   F   Y   G
DVN 3 3 D   W   F   Y   G
CRZO 3 3 D   W   F   Y   G
MTDR 3 3 D   W   F   Y   G
SN 3 3 D   W   F   Y   G
MCEP 3 3 D   W   F   Y   G
PQ 3 3 D   W   F   Y   G
PXD 3 6 D   W   F   Y   G
CRK 3 7 D   W   F   Y   G
CWEI 3 8 D   W   F   Y   G
NBL 3 9 D   W   F   Y   G
PVA 3 9 D   W   F   Y   G
CHK 4 1 D   W   F   Y   G
EGN 4 1 D   W   F   Y   G
OAS 4 1 D   W   F   Y   G
UPL 4 1 D   W   F   Y   G
NDRO 4 1 D   W   F   Y   G
EQT 4 2 D   W   F   Y   G
ROSE 4 2 D   W   F   Y   G
DNR 4 3 D   W   F   Y   G
PER 4 3 D   W   F   Y   G
GDP 4 3 D   W   F   Y   G
SGY 4 4 D   W   F   Y   G
TLM 4 5 D   W   F   Y   G
LPI 4 6 D   W   F   Y   G
PDCE 4 6 D   W   F   Y   G
SFY 4 6 D   W   F   Y   G
SDR 4 6 D   W   F   Y   G
SWN 4 7 D   W   F   Y   G
GTE 4 8 D   W   F   Y   G
RRC 4 9 D   W   F   Y   G
GPOR 4 9 D   W   F   Y   G
XCO 4 11 D   W   F   Y   G
REN 4 11 D   W   F   Y   G
CIE 4 12 D   W   F   Y   G
KOS 4 12 D   W   F   Y   G
TGA 4 12 D   W   F   Y   G
ROYT 4 15 D   W   F   Y   G
MCF 4 16 D   W   F   Y   G
COG 4 16 D   W   F   Y   G
KWK 4 17 D   W   F   Y   G
EPM 4 20 D   W   F   Y   G
APAGF 4 26 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
1.3% 29.2% 30.4% 39.3%

 

Stage Transitions: Oil & Gas – Independent

Ticker From To Links
ISRL 4 1 D   W   F   Y   G
COP 2 3 D   W   F   Y   G
CLR 2 3 D   W   F   Y   G
XEC 2 3 D   W   F   Y   G
NFG 2 3 D   W   F   Y   G
ARP 2 3 D   W   F   Y   G
MEMP 2 3 D   W   F   Y   G
EOX 2 3 D   W   F   Y   G
CHK 3 4 D   W   F   Y   G
EGN 3 4 D   W   F   Y   G
OAS 3 4 D   W   F   Y   G
UPL 3 4 D   W   F   Y   G
NDRO 3 4 D   W   F   Y   G

 

Stage Analysis: Oil & Gas – Pipelines

Ticker Stage Weeks Links
CMLP 1 1 D   W   F   Y   G
BWP 1 16 D   W   F   Y   G
ATLS 2 10 D   W   F   Y   G
EPB 2 13 D   W   F   Y   G
APL 2 13 D   W   F   Y   G
CHKR 2 13 D   W   F   Y   G
MWE 2 14 D   W   F   Y   G
KMP 2 15 D   W   F   Y   G
KMI 2 15 D   W   F   Y   G
KMR 2 16 D   W   F   Y   G
HEP 2 20 D   W   F   Y   G
FISH 2 22 D   W   F   Y   G
EEP 2 22 D   W   F   Y   G
TCP 2 27 D   W   F   Y   G
TRP 2 29 D   W   F   Y   G
PAA 2 33 D   W   F   Y   G
CQP 2 34 D   W   F   Y   G
WES 2 34 D   W   F   Y   G
OKS 2 35 D   W   F   Y   G
RGP 2 36 D   W   F   Y   G
ENB 2 39 D   W   F   Y   G
DPM 2 39 D   W   F   Y   G
WMB 2 41 D   W   F   Y   G
TEP 2 41 D   W   F   Y   G
NSH 2 44 D   W   F   Y   G
NS 2 45 D   W   F   Y   G
WGP 2 46 D   W   F   Y   G
BPL 2 49 D   W   F   Y   G
MPLX 2 52 D   W   F   Y   G
PBA 2 55 D   W   F   Y   G
AMID 2 74 D   W   F   Y   G
NGLS 2 87 D   W   F   Y   G
SEP 2 91 D   W   F   Y   G
ETP 2 93 D   W   F   Y   G
LNG 2 109 D   W   F   Y   G
TRGP 2 115 D   W   F   Y   G
SXL 2 116 D   W   F   Y   G
ETE 2 117 D   W   F   Y   G
MMP 2 118 D   W   F   Y   G
OILT 2 137 D   W   F   Y   G
SEMG 2 151 D   W   F   Y   G
SE 3 1 D   W   F   Y   G
GEL 3 1 D   W   F   Y   G
QEPM 3 1 D   W   F   Y   G
USAC 3 1 D   W   F   Y   G
QEP 3 2 D   W   F   Y   G
SGU 3 6 D   W   F   Y   G
TLP 3 12 D   W   F   Y   G
BKEP 4 2 D   W   F   Y   G
CEQP 4 5 D   W   F   Y   G
WPT 4 12 D   W   F   Y   G
FI 4 20 D   W   F   Y   G
MMLP 4 20 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
3.8% 73.6% 13.3% 9.5%

 

Stage Transitions: Oil & Gas – Pipelines

Ticker From To Links
CMLP 2 1 D   W   F   Y   G
SE 2 3 D   W   F   Y   G
GEL 2 3 D   W   F   Y   G
QEPM 2 3 D   W   F   Y   G
USAC 2 3 D   W   F   Y   G

 

Stage Analysis: Oil & Gas – Refining

Ticker Stage Weeks Links
MPC 2 6 D   W   F   Y   G
WPZ 2 6 D   W   F   Y   G
ALJ 2 6 D   W   F   Y   G
DK 2 8 D   W   F   Y   G
LGP 2 8 D   W   F   Y   G
SHI 2 13 D   W   F   Y   G
TSO 2 23 D   W   F   Y   G
ALDW 2 23 D   W   F   Y   G
FGP 2 25 D   W   F   Y   G
CVI 2 26 D   W   F   Y   G
PSXP 2 31 D   W   F   Y   G
BPT 2 31 D   W   F   Y   G
PSX 2 50 D   W   F   Y   G
WNR 2 52 D   W   F   Y   G
NGL 2 88 D   W   F   Y   G
ENLC 2 93 D   W   F   Y   G
HFC 3 1 D   W   F   Y   G
VLO 3 3 D   W   F   Y   G
CVRR 3 3 D   W   F   Y   G
NTI 3 3 D   W   F   Y   G
CLMT 3 4 D   W   F   Y   G
UGP 4 1 D   W   F   Y   G
INT 4 2 D   W   F   Y   G
REGI 4 2 D   W   F   Y   G
PBF 4 3 D   W   F   Y   G
AE 4 3 D   W   F   Y   G
SYNM 4 5 D   W   F   Y   G
EROC 4 9 D   W   F   Y   G
SZYM 4 11 D   W   F   Y   G
IOC 4 12 D   W   F   Y   G
KIOR 4 104 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 51.7% 16.2% 32.3%

 

Stage Transitions: Oil & Gas – Refining

Ticker From To Links
HFC 2 3 D   W   F   Y   G
UGP 2 4 D   W   F   Y   G

 

Stage Analysis: Packaging & Containers

Ticker Stage Weeks Links
NTIC 2 2 D   W   F   Y   G
IP 2 18 D   W   F   Y   G
SEE 2 23 D   W   F   Y   G
MWV 2 37 D   W   F   Y   G
BLL 2 61 D   W   F   Y   G
GPK 2 118 D   W   F   Y   G
CCK 3 2 D   W   F   Y   G
PKG 3 2 D   W   F   Y   G
BMS 3 2 D   W   F   Y   G
SLGN 3 2 D   W   F   Y   G
SON 3 9 D   W   F   Y   G
RKT 4 1 D   W   F   Y   G
ATR 4 3 D   W   F   Y   G
MINI 4 3 D   W   F   Y   G
UFPT 4 5 D   W   F   Y   G
GEF 4 6 D   W   F   Y   G
OI 4 7 D   W   F   Y   G
TUP 4 10 D   W   F   Y   G
FFHL 4 14 D   W   F   Y   G
CPGI 4 23 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 30.0% 25.0% 45.0%

 

Stage Transitions: Packaging & Containers

Ticker From To Links
RKT 1 4 D   W   F   Y   G

 

Stage Analysis: Paper

Ticker Stage Weeks Links
FBR 1 4 D   W   F   Y   G
RFP 2 4 D   W   F   Y   G
XRM 2 6 D   W   F   Y   G
VRS 2 13 D   W   F   Y   G
KS 2 18 D   W   F   Y   G
MERC 2 20 D   W   F   Y   G
CLW 2 51 D   W   F   Y   G
NP 2 73 D   W   F   Y   G
SWM 4 1 D   W   F   Y   G
TIS 4 8 D   W   F   Y   G
ONP 4 14 D   W   F   Y   G
UFS 4 14 D   W   F   Y   G
GLT 4 22 D   W   F   Y   G
WPP 4 22 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
7.2% 50.0% 0.0% 42.9%

 

Stage Transitions: Paper

Ticker From To Links
SWM 1 4 D   W   F   Y   G

 

Stage Analysis: Precious Metals

Ticker Stage Weeks Links
PALL 3 1 D   W   F   Y   G
GDX 4 1 D   W   F   Y   G
GDXJ 4 1 D   W   F   Y   G
SIL 4 2 D   W   F   Y   G
PPLT 4 4 D   W   F   Y   G
GLD 4 6 D   W   F   Y   G
SLV 4 7 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 0.0% 14.3% 85.8%

 

Stage Transitions: Precious Metals

Ticker From To Links
PALL 2 3 D   W   F   Y   G
GDX 3 4 D   W   F   Y   G
GDXJ 3 4 D   W   F   Y   G

 

Stage Analysis: Precious Metals Miners

Ticker Stage Weeks Links
AAU 1 1 D   W   F   Y   G
DRD 1 1 D   W   F   Y   G
MDW 1 2 D   W   F   Y   G
RBY 2 1 D   W   F   Y   G
BVN 2 4 D   W   F   Y   G
GFI 2 5 D   W   F   Y   G
GORO 2 6 D   W   F   Y   G
RIC 2 8 D   W   F   Y   G
EGO 2 13 D   W   F   Y   G
RVM 2 13 D   W   F   Y   G
NSU 2 15 D   W   F   Y   G
LSG 2 37 D   W   F   Y   G
FNV 3 1 D   W   F   Y   G
AKG 3 1 D   W   F   Y   G
NEM 3 1 D   W   F   Y   G
NGD 3 1 D   W   F   Y   G
SA 3 1 D   W   F   Y   G
AEM 3 2 D   W   F   Y   G
EXK 3 2 D   W   F   Y   G
GG 3 2 D   W   F   Y   G
MVG 3 2 D   W   F   Y   G
RGLD 3 2 D   W   F   Y   G
SWC 3 2 D   W   F   Y   G
TAHO 3 2 D   W   F   Y   G
NG 3 3 D   W   F   Y   G
PAAS 3 3 D   W   F   Y   G
ANV 4 1 D   W   F   Y   G
ASM 4 1 D   W   F   Y   G
GOLD 4 1 D   W   F   Y   G
MUX 4 1 D   W   F   Y   G
PPP 4 1 D   W   F   Y   G
PVG 4 1 D   W   F   Y   G
SLW 4 1 D   W   F   Y   G
TGD 4 1 D   W   F   Y   G
SSRI 4 2 D   W   F   Y   G
AU 4 3 D   W   F   Y   G
AUQ 4 3 D   W   F   Y   G
IAG 4 3 D   W   F   Y   G
SAND 4 3 D   W   F   Y   G
TRX 4 3 D   W   F   Y   G
XRA 4 3 D   W   F   Y   G
ABX 4 4 D   W   F   Y   G
AG 4 4 D   W   F   Y   G
AUY 4 4 D   W   F   Y   G
HL 4 4 D   W   F   Y   G
THM 4 4 D   W   F   Y   G
AGI 4 6 D   W   F   Y   G
HMY 4 6 D   W   F   Y   G
MGN 4 9 D   W   F   Y   G
GSS 4 22 D   W   F   Y   G
PZG 4 24 D   W   F   Y   G
AXU 4 25 D   W   F   Y   G
VGZ 4 25 D   W   F   Y   G
KGC 4 27 D   W   F   Y   G
LODE 4 27 D   W   F   Y   G
SVM 4 31 D   W   F   Y   G
CDE 4 55 D   W   F   Y   G
NAK 4 84 D   W   F   Y   G
PAL 4 84 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
5.1% 15.3% 23.8% 56.0%

 

Stage Transitions: Precious Metals Miners

Ticker From To Links
AAU 2 1 D   W   F   Y   G
DRD 4 1 D   W   F   Y   G
RBY 3 2 D   W   F   Y   G
FNV 2 3 D   W   F   Y   G
AKG 2 3 D   W   F   Y   G
NEM 2 3 D   W   F   Y   G
NGD 2 3 D   W   F   Y   G
SA 2 3 D   W   F   Y   G
ANV 1 4 D   W   F   Y   G
ASM 3 4 D   W   F   Y   G
GOLD 3 4 D   W   F   Y   G
MUX 3 4 D   W   F   Y   G
PPP 3 4 D   W   F   Y   G
PVG 3 4 D   W   F   Y   G
SLW 3 4 D   W   F   Y   G
TGD 3 4 D   W   F   Y   G

 

Stage Analysis: Canadian Precious Metals Miners

Ticker Stage Weeks Links
GBU.TO 1 1 D   W   F   Y   G
CGG.TO 2 1 D   W   F   Y   G
CGG.TO 2 1 D   W   F   Y   G
KGI.TO 2 10 D   W   F   Y   G
SUE.TO 2 12 D   W   F   Y   G
DPM.TO 2 13 D   W   F   Y   G
GUY.TO 2 13 D   W   F   Y   G
TXG.TO 2 16 D   W   F   Y   G
ORE.TO 2 17 D   W   F   Y   G
OSK.TO 2 23 D   W   F   Y   G
CYD.V 2 34 D   W   F   Y   G
OGC.TO 3 1 D   W   F   Y   G
EDV.TO 3 2 D   W   F   Y   G
SMF.TO 3 2 D   W   F   Y   G
KDX.TO 3 2 D   W   F   Y   G
DGC.TO 4 1 D   W   F   Y   G
CRK.TO 4 1 D   W   F   Y   G
CRK.TO 4 1 D   W   F   Y   G
BCM.V 4 2 D   W   F   Y   G
PRU.TO 4 3 D   W   F   Y   G
SBB.TO 4 3 D   W   F   Y   G
WS.TO 4 3 D   W   F   Y   G
BTO.TO 4 4 D   W   F   Y   G
LYD.TO 4 4 D   W   F   Y   G
CNL.TO 4 5 D   W   F   Y   G
GCM.TO 4 6 D   W   F   Y   G
ASR.TO 4 9 D   W   F   Y   G
SAS.TO 4 11 D   W   F   Y   G
KOR.TO 4 17 D   W   F   Y   G
SGR.TO 4 24 D   W   F   Y   G
AXR.TO 4 24 D   W   F   Y   G
IPT.V 4 24 D   W   F   Y   G
AR.TO 4 27 D   W   F   Y   G
BSX.TO 4 28 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
3.0% 29.5% 11.8% 55.9%

 

Stage Transitions: Canadian Precious Metals Miners

Ticker From To Links
GBU.TO 4 1 D   W   F   Y   G
CGG.TO 3 2 D   W   F   Y   G
CGG.TO 3 2 D   W   F   Y   G
OGC.TO 4 3 D   W   F   Y   G
DGC.TO 3 4 D   W   F   Y   G
CRK.TO 3 4 D   W   F   Y   G
CRK.TO 3 4 D   W   F   Y   G

 

Stage Analysis: Railroads

Ticker Stage Weeks Links
GSH 1 8 D   W   F   Y   G
RAIL 2 7 D   W   F   Y   G
KSU 2 12 D   W   F   Y   G
WAB 2 19 D   W   F   Y   G
CP 2 23 D   W   F   Y   G
CNI 2 34 D   W   F   Y   G
UNP 2 46 D   W   F   Y   G
NSC 2 55 D   W   F   Y   G
TRN 2 59 D   W   F   Y   G
ARII 2 60 D   W   F   Y   G
CSX 2 85 D   W   F   Y   G
GBX 2 89 D   W   F   Y   G
GWR 3 1 D   W   F   Y   G
FSTR 3 1 D   W   F   Y   G
PWX 4 10 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
6.7% 73.4% 13.4% 6.7%

 

Stage Transitions: Railroads

Ticker From To Links
GWR 2 3 D   W   F   Y   G
FSTR 2 3 D   W   F   Y   G

 

Stage Analysis: REIT – Diversified

Ticker Stage Weeks Links
CXW 2 17 D   W   F   Y   G
WPC 2 18 D   W   F   Y   G
GPT 2 18 D   W   F   Y   G
CONE 2 20 D   W   F   Y   G
GOOD 2 20 D   W   F   Y   G
NLY 2 25 D   W   F   Y   G
FUR 2 28 D   W   F   Y   G
MITT 2 29 D   W   F   Y   G
IVR 2 31 D   W   F   Y   G
MTGE 2 32 D   W   F   Y   G
MFA 2 33 D   W   F   Y   G
CUZ 2 35 D   W   F   Y   G
CLNY 2 41 D   W   F   Y   G
HASI 2 45 D   W   F   Y   G
ARI 2 47 D   W   F   Y   G
AMT 2 49 D   W   F   Y   G
SRC 2 49 D   W   F   Y   G
CMO 2 50 D   W   F   Y   G
CIM 2 53 D   W   F   Y   G
VNO 3 1 D   W   F   Y   G
NNN 3 1 D   W   F   Y   G
ABR 3 1 D   W   F   Y   G
WSR 3 1 D   W   F   Y   G
UMH 3 1 D   W   F   Y   G
STWD 3 2 D   W   F   Y   G
DEI 3 2 D   W   F   Y   G
BDN 3 2 D   W   F   Y   G
BXMT 3 2 D   W   F   Y   G
STAR 3 3 D   W   F   Y   G
ANH 3 3 D   W   F   Y   G
RAS 3 3 D   W   F   Y   G
EXL 3 3 D   W   F   Y   G
OLP 3 3 D   W   F   Y   G
ARCP 4 1 D   W   F   Y   G
LXP 4 1 D   W   F   Y   G
PSB 4 2 D   W   F   Y   G
RWT 4 2 D   W   F   Y   G
NCT 4 2 D   W   F   Y   G
IRET 4 3 D   W   F   Y   G
ACRE 4 3 D   W   F   Y   G
AHH 4 3 D   W   F   Y   G
CCG 4 9 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 45.3% 33.4% 21.5%

 

Stage Transitions: REIT – Diversified

Ticker From To Links
VNO 2 3 D   W   F   Y   G
NNN 2 3 D   W   F   Y   G
ABR 2 3 D   W   F   Y   G
WSR 2 3 D   W   F   Y   G
UMH 2 3 D   W   F   Y   G
ARCP 2 4 D   W   F   Y   G
LXP 3 4 D   W   F   Y   G

 

Stage Analysis: REIT – Healthcare Facilities

Ticker Stage Weeks Links
UHT 2 22 D   W   F   Y   G
HCN 2 24 D   W   F   Y   G
GEO 2 24 D   W   F   Y   G
AVIV 2 30 D   W   F   Y   G
HTA 2 32 D   W   F   Y   G
DOC 2 32 D   W   F   Y   G
HCP 3 1 D   W   F   Y   G
MPW 3 1 D   W   F   Y   G
NHI 3 1 D   W   F   Y   G
LTC 3 1 D   W   F   Y   G
VTR 3 2 D   W   F   Y   G
OHI 3 2 D   W   F   Y   G
HR 3 2 D   W   F   Y   G
SBRA 3 3 D   W   F   Y   G
SNH 4 2 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 40.0% 53.4% 6.7%

 

Stage Transitions: REIT – Healthcare Facilities

Ticker From To Links
HCP 2 3 D   W   F   Y   G
MPW 2 3 D   W   F   Y   G
NHI 2 3 D   W   F   Y   G
LTC 2 3 D   W   F   Y   G

 

Stage Analysis: REIT – Hotels

Ticker Stage Weeks Links
HT 2 30 D   W   F   Y   G
RLJ 2 41 D   W   F   Y   G
RHP 2 46 D   W   F   Y   G
HST 2 55 D   W   F   Y   G
BEE 2 55 D   W   F   Y   G
LHO 2 63 D   W   F   Y   G
CHSP 2 63 D   W   F   Y   G
DRH 2 64 D   W   F   Y   G
PEB 2 91 D   W   F   Y   G
CLDT 2 96 D   W   F   Y   G
AHT 3 1 D   W   F   Y   G
FCH 3 2 D   W   F   Y   G
SHO 3 3 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 77.0% 23.1% 0.0%

 

Stage Transitions: REIT – Hotels

Ticker From To Links
AHT 2 3 D   W   F   Y   G

 

Stage Analysis: REIT – Industrial

Ticker Stage Weeks Links
REXR 2 7 D   W   F   Y   G
MNR 2 31 D   W   F   Y   G
DRE 2 33 D   W   F   Y   G
TRNO 2 33 D   W   F   Y   G
EXR 2 36 D   W   F   Y   G
CUBE 3 1 D   W   F   Y   G
SSS 3 1 D   W   F   Y   G
PSA 3 2 D   W   F   Y   G
EGP 3 2 D   W   F   Y   G
PLD 3 3 D   W   F   Y   G
DCT 3 3 D   W   F   Y   G
STAG 3 3 D   W   F   Y   G
FR 4 1 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 38.5% 53.9% 7.7%

 

Stage Transitions: REIT – Industrial

Ticker From To Links
CUBE 2 3 D   W   F   Y   G
SSS 2 3 D   W   F   Y   G
FR 3 4 D   W   F   Y   G

 

Stage Analysis: REIT – Office

Ticker Stage Weeks Links
COR 2 17 D   W   F   Y   G
BOXC 2 20 D   W   F   Y   G
WRE 2 20 D   W   F   Y   G
DFT 2 21 D   W   F   Y   G
DLR 2 22 D   W   F   Y   G
CWH 2 28 D   W   F   Y   G
ARE 2 35 D   W   F   Y   G
HPP 2 41 D   W   F   Y   G
BXP 3 1 D   W   F   Y   G
KRC 3 1 D   W   F   Y   G
BMR 3 1 D   W   F   Y   G
HIW 3 1 D   W   F   Y   G
PDM 3 1 D   W   F   Y   G
OFC 3 2 D   W   F   Y   G
PKY 3 2 D   W   F   Y   G
FPO 3 2 D   W   F   Y   G
ORM 3 7 D   W   F   Y   G
CSG 4 2 D   W   F   Y   G
CLI 4 2 D   W   F   Y   G
FSP 4 2 D   W   F   Y   G
SIR 4 3 D   W   F   Y   G
LPT 4 5 D   W   F   Y   G
GOV 4 7 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 34.8% 39.2% 26.1%

 

Stage Transitions: REIT – Office

Ticker From To Links
BXP 2 3 D   W   F   Y   G
KRC 2 3 D   W   F   Y   G
BMR 2 3 D   W   F   Y   G
HIW 2 3 D   W   F   Y   G
PDM 2 3 D   W   F   Y   G

 

Stage Analysis: REIT – Residential

Ticker Stage Weeks Links
PMT 2 8 D   W   F   Y   G
SBY 2 10 D   W   F   Y   G
NRZ 2 18 D   W   F   Y   G
ARPI 2 18 D   W   F   Y   G
IRT 2 28 D   W   F   Y   G
EDR 2 29 D   W   F   Y   G
AVB 2 30 D   W   F   Y   G
APTS 2 30 D   W   F   Y   G
AIV 2 32 D   W   F   Y   G
AMTG 2 32 D   W   F   Y   G
EQR 2 34 D   W   F   Y   G
UDR 2 34 D   W   F   Y   G
TWO 2 34 D   W   F   Y   G
SUI 2 34 D   W   F   Y   G
EARN 2 34 D   W   F   Y   G
ESS 2 35 D   W   F   Y   G
ELS 2 35 D   W   F   Y   G
AEC 2 40 D   W   F   Y   G
NYMT 2 50 D   W   F   Y   G
AGNC 3 1 D   W   F   Y   G
CPT 3 1 D   W   F   Y   G
ACC 3 1 D   W   F   Y   G
AMH 3 1 D   W   F   Y   G
PPS 3 1 D   W   F   Y   G
HTS 3 1 D   W   F   Y   G
ARR 3 1 D   W   F   Y   G
DX 3 1 D   W   F   Y   G
MAA 3 2 D   W   F   Y   G
OAKS 3 2 D   W   F   Y   G
HME 3 2 D   W   F   Y   G
RSO 4 3 D   W   F   Y   G
RESI 4 9 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 59.4% 34.4% 6.3%

 

Stage Transitions: REIT – Residential

Ticker From To Links
AGNC 2 3 D   W   F   Y   G
CPT 2 3 D   W   F   Y   G
ACC 2 3 D   W   F   Y   G
AMH 2 3 D   W   F   Y   G
PPS 2 3 D   W   F   Y   G
HTS 2 3 D   W   F   Y   G
ARR 2 3 D   W   F   Y   G
DX 2 3 D   W   F   Y   G

 

Stage Analysis: REIT – Retail

Ticker Stage Weeks Links
PEI 2 13 D   W   F   Y   G
KRG 2 21 D   W   F   Y   G
GRT 2 22 D   W   F   Y   G
TCO 2 28 D   W   F   Y   G
RPAI 2 29 D   W   F   Y   G
UBA 2 29 D   W   F   Y   G
REG 2 31 D   W   F   Y   G
WRI 2 31 D   W   F   Y   G
SPG 2 33 D   W   F   Y   G
GGP 2 33 D   W   F   Y   G
FRT 2 36 D   W   F   Y   G
ALX 2 47 D   W   F   Y   G
RPT 2 50 D   W   F   Y   G
NRF 2 54 D   W   F   Y   G
MAC 3 1 D   W   F   Y   G
KIM 3 1 D   W   F   Y   G
EPR 3 1 D   W   F   Y   G
AAT 3 1 D   W   F   Y   G
CDR 3 1 D   W   F   Y   G
SLG 3 2 D   W   F   Y   G
O 3 2 D   W   F   Y   G
DDR 3 2 D   W   F   Y   G
HPT 3 2 D   W   F   Y   G
EQY 3 2 D   W   F   Y   G
ROIC 3 2 D   W   F   Y   G
BFS 3 2 D   W   F   Y   G
CBL 3 3 D   W   F   Y   G
IRC 3 3 D   W   F   Y   G
SKT 4 1 D   W   F   Y   G
TSRE 4 1 D   W   F   Y   G
GTY 4 3 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 45.2% 45.2% 9.7%

 

Stage Transitions: REIT – Retail

Ticker From To Links
MAC 2 3 D   W   F   Y   G
KIM 2 3 D   W   F   Y   G
EPR 2 3 D   W   F   Y   G
AAT 2 3 D   W   F   Y   G
CDR 2 3 D   W   F   Y   G
SKT 3 4 D   W   F   Y   G
TSRE 3 4 D   W   F   Y   G

 

Stage Analysis: Restaurants

Ticker Stage Weeks Links
CAKE 1 2 D   W   F   Y   G
DNKN 1 3 D   W   F   Y   G
KKD 1 3 D   W   F   Y   G
DRI 2 1 D   W   F   Y   G
EAT 2 4 D   W   F   Y   G
CBRL 2 6 D   W   F   Y   G
TXRH 2 6 D   W   F   Y   G
DPZ 2 7 D   W   F   Y   G
DIN 2 8 D   W   F   Y   G
DENN 2 8 D   W   F   Y   G
THI 2 11 D   W   F   Y   G
FRGI 2 14 D   W   F   Y   G
CMG 2 17 D   W   F   Y   G
BJRI 2 17 D   W   F   Y   G
SONC 2 31 D   W   F   Y   G
BKW 2 49 D   W   F   Y   G
JACK 2 96 D   W   F   Y   G
BWLD 3 7 D   W   F   Y   G
PLKI 3 9 D   W   F   Y   G
YUM 4 4 D   W   F   Y   G
MCD 4 6 D   W   F   Y   G
DFRG 4 7 D   W   F   Y   G
ARCO 4 8 D   W   F   Y   G
WEN 4 9 D   W   F   Y   G
RRGB 4 9 D   W   F   Y   G
BOBE 4 11 D   W   F   Y   G
PZZA 4 12 D   W   F   Y   G
BH 4 19 D   W   F   Y   G
CHUY 4 20 D   W   F   Y   G
BLMN 4 23 D   W   F   Y   G
NDLS 4 26 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
9.7% 45.2% 6.5% 38.8%

 

Stage Transitions: Restaurants

Ticker From To Links
DRI 1 2 D   W   F   Y   G

 

Stage Analysis: Semiconductors – Broad Line

Ticker Stage Weeks Links
KOPN 2 4 D   W   F   Y   G
ONNN 2 6 D   W   F   Y   G
MLNX 2 7 D   W   F   Y   G
CY 2 16 D   W   F   Y   G
MTSI 2 17 D   W   F   Y   G
FORM 2 18 D   W   F   Y   G
AUO 2 25 D   W   F   Y   G
CAVM 2 33 D   W   F   Y   G
VSH 2 37 D   W   F   Y   G
INTC 2 54 D   W   F   Y   G
ISIL 2 61 D   W   F   Y   G
AVGO 2 70 D   W   F   Y   G
NXPI 2 72 D   W   F   Y   G
IDTI 2 74 D   W   F   Y   G
TXN 2 94 D   W   F   Y   G
ATML 3 1 D   W   F   Y   G
IPHI 3 1 D   W   F   Y   G
AMD 3 2 D   W   F   Y   G
FSL 3 9 D   W   F   Y   G
MXIM 3 10 D   W   F   Y   G
STM 4 6 D   W   F   Y   G
SIMG 4 18 D   W   F   Y   G
ENTR 4 34 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 65.3% 21.8% 13.1%

 

Stage Transitions: Semiconductors – Broad Line

Ticker From To Links
ATML 2 3 D   W   F   Y   G
IPHI 2 3 D   W   F   Y   G

 

Stage Analysis: Semiconductors – Equipment & Materials

Ticker Stage Weeks Links
RDA 2 1 D   W   F   Y   G
ATE 2 3 D   W   F   Y   G
IPGP 2 5 D   W   F   Y   G
SNPS 2 6 D   W   F   Y   G
TER 2 7 D   W   F   Y   G
BRKS 2 13 D   W   F   Y   G
ASML 2 15 D   W   F   Y   G
AMBA 2 15 D   W   F   Y   G
KLAC 2 17 D   W   F   Y   G
KLIC 2 28 D   W   F   Y   G
LRCX 2 30 D   W   F   Y   G
TSRA 2 31 D   W   F   Y   G
ASX 2 33 D   W   F   Y   G
ENPH 2 33 D   W   F   Y   G
AMAT 2 90 D   W   F   Y   G
IMOS 3 1 D   W   F   Y   G
SPIL 3 3 D   W   F   Y   G
UMC 3 6 D   W   F   Y   G
ENTG 3 7 D   W   F   Y   G
ASMI 3 9 D   W   F   Y   G
UTEK 4 1 D   W   F   Y   G
PKE 4 1 D   W   F   Y   G
PLAB 4 1 D   W   F   Y   G
MXL 4 3 D   W   F   Y   G
NANO 4 8 D   W   F   Y   G
OCLR 4 15 D   W   F   Y   G
VECO 4 18 D   W   F   Y   G
RBCN 4 22 D   W   F   Y   G
CREE 4 27 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 51.8% 17.3% 31.1%

 

Stage Transitions: Semiconductors – Equipment & Materials

Ticker From To Links
RDA 3 2 D   W   F   Y   G
IMOS 2 3 D   W   F   Y   G
UTEK 1 4 D   W   F   Y   G
PKE 3 4 D   W   F   Y   G
PLAB 3 4 D   W   F   Y   G

 

Stage Analysis: Semiconductors – Integrated Circuits

Ticker Stage Weeks Links
SMTC 2 1 D   W   F   Y   G
MSCC 2 5 D   W   F   Y   G
PMCS 2 5 D   W   F   Y   G
POWI 2 6 D   W   F   Y   G
IRF 2 6 D   W   F   Y   G
OPLK 2 9 D   W   F   Y   G
SMI 2 14 D   W   F   Y   G
INVN 2 15 D   W   F   Y   G
FCS 2 19 D   W   F   Y   G
ARX 2 30 D   W   F   Y   G
OVTI 2 31 D   W   F   Y   G
TSM 2 32 D   W   F   Y   G
BRCM 2 33 D   W   F   Y   G
RFMD 2 33 D   W   F   Y   G
TSEM 2 35 D   W   F   Y   G
MCRL 2 37 D   W   F   Y   G
SWKS 2 62 D   W   F   Y   G
TQNT 2 73 D   W   F   Y   G
SUNE 3 1 D   W   F   Y   G
AMKR 3 1 D   W   F   Y   G
DIOD 3 8 D   W   F   Y   G
ADI 3 9 D   W   F   Y   G
CCMP 4 1 D   W   F   Y   G
EZCH 4 1 D   W   F   Y   G
MRVL 4 8 D   W   F   Y   G
SLAB 4 9 D   W   F   Y   G
AMCC 4 9 D   W   F   Y   G
XLNX 4 10 D   W   F   Y   G
PRKR 4 14 D   W   F   Y   G
QLGC 4 21 D   W   F   Y   G
EXAR 4 26 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 58.1% 13.0% 29.1%

 

Stage Transitions: Semiconductors – Integrated Circuits

Ticker From To Links
SMTC 1 2 D   W   F   Y   G
SUNE 2 3 D   W   F   Y   G
AMKR 2 3 D   W   F   Y   G
CCMP 3 4 D   W   F   Y   G
EZCH 2 4 D   W   F   Y   G

 

Stage Analysis: Semiconductors – Specialized

Ticker Stage Weeks Links
ARMH 1 5 D   W   F   Y   G
HIMX 1 5 D   W   F   Y   G
JASO 2 2 D   W   F   Y   G
TSL 2 3 D   W   F   Y   G
ALTR 2 6 D   W   F   Y   G
MCHP 2 6 D   W   F   Y   G
CSIQ 2 7 D   W   F   Y   G
NVDA 2 8 D   W   F   Y   G
SCTY 2 15 D   W   F   Y   G
SPWR 2 22 D   W   F   Y   G
FSLR 2 32 D   W   F   Y   G
MPWR 2 74 D   W   F   Y   G
CRUS 3 1 D   W   F   Y   G
IXYS 3 1 D   W   F   Y   G
LLTC 3 9 D   W   F   Y   G
LSCC 3 10 D   W   F   Y   G
GTAT 4 2 D   W   F   Y   G
UCTT 4 3 D   W   F   Y   G
CEVA 4 21 D   W   F   Y   G
YGE 4 25 D   W   F   Y   G
MX 4 36 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
9.6% 47.7% 19.1% 23.9%

 

Stage Transitions: Semiconductors – Specialized

Ticker From To Links
CRUS 2 3 D   W   F   Y   G
IXYS 2 3 D   W   F   Y   G

 

Stage Analysis: Shipping

Ticker Stage Weeks Links
GSL 1 2 D   W   F   Y   G
TGP 2 2 D   W   F   Y   G
TK 2 6 D   W   F   Y   G
TNK 2 15 D   W   F   Y   G
GLNG 2 30 D   W   F   Y   G
CMRE 2 41 D   W   F   Y   G
KEX 2 93 D   W   F   Y   G
TOO 3 1 D   W   F   Y   G
SSW 3 1 D   W   F   Y   G
NMM 3 1 D   W   F   Y   G
TNP 3 1 D   W   F   Y   G
CPLP 3 3 D   W   F   Y   G
GLOG 3 6 D   W   F   Y   G
ALEX 4 1 D   W   F   Y   G
DRYS 4 1 D   W   F   Y   G
NAT 4 1 D   W   F   Y   G
VLCCF 4 1 D   W   F   Y   G
RLOG 4 1 D   W   F   Y   G
NM 4 2 D   W   F   Y   G
DAC 4 2 D   W   F   Y   G
STNG 4 2 D   W   F   Y   G
TRMD 4 4 D   W   F   Y   G
GASS 4 7 D   W   F   Y   G
TDW 4 10 D   W   F   Y   G
FRO 4 18 D   W   F   Y   G
ISH 4 18 D   W   F   Y   G
DSX 4 20 D   W   F   Y   G
ESEA 4 23 D   W   F   Y   G
NNA 4 24 D   W   F   Y   G
DCIX 4 25 D   W   F   Y   G
CKH 4 27 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
3.3% 19.4% 19.4% 58.1%

 

Stage Transitions: Shipping

Ticker From To Links
TOO 2 3 D   W   F   Y   G
SSW 2 3 D   W   F   Y   G
NMM 2 3 D   W   F   Y   G
TNP 2 3 D   W   F   Y   G
ALEX 3 4 D   W   F   Y   G
DRYS 2 4 D   W   F   Y   G
NAT 3 4 D   W   F   Y   G
VLCCF 3 4 D   W   F   Y   G
RLOG 3 4 D   W   F   Y   G

 

Stage Analysis: Short Index ETFs

Ticker Stage Weeks Links
TWM 4 17 D   W   F   Y   G
QID 4 91 D   W   F   Y   G
DOG 4 95 D   W   F   Y   G
DXD 4 95 D   W   F   Y   G
SH 4 97 D   W   F   Y   G
SDS 4 119 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 0.0% 0.0% 100.0%

 

Stage Transitions: Short Index ETFs

Ticker From To Links

 

Stage Analysis: Solar

Ticker Stage Weeks Links
HSOL 1 2 D   W   F   Y   G
SOL 1 4 D   W   F   Y   G
JASO 2 2 D   W   F   Y   G
TSL 2 3 D   W   F   Y   G
KWT 2 5 D   W   F   Y   G
TAN 2 6 D   W   F   Y   G
CSIQ 2 7 D   W   F   Y   G
SCTY 2 15 D   W   F   Y   G
SPWR 2 22 D   W   F   Y   G
FSLR 2 32 D   W   F   Y   G
AMAT 2 90 D   W   F   Y   G
SUNE 3 1 D   W   F   Y   G
YGE 4 25 D   W   F   Y   G
ASTI 4 42 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
14.3% 64.3% 7.2% 14.3%

 

Stage Transitions: Solar

Ticker From To Links
SUNE 2 3 D   W   F   Y   G

 

Stage Analysis: Specialty Eateries

Ticker Stage Weeks Links
PNRA 1 2 D   W   F   Y   G
BDL 2 7 D   W   F   Y   G
SBUX 2 16 D   W   F   Y   G
PZZA 4 12 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
25.0% 50.0% 0.0% 25.0%

 

Stage Transitions: Specialty Eateries

Ticker From To Links

 

Stage Analysis: Steel & Iron

Ticker Stage Weeks Links
IIIN 2 7 D   W   F   Y   G
NUE 2 8 D   W   F   Y   G
PKX 2 13 D   W   F   Y   G
X 2 13 D   W   F   Y   G
SXC 2 13 D   W   F   Y   G
STLD 2 14 D   W   F   Y   G
AKS 2 15 D   W   F   Y   G
SSLT 2 25 D   W   F   Y   G
SIM 3 2 D   W   F   Y   G
NWPX 3 8 D   W   F   Y   G
SID 4 2 D   W   F   Y   G
TX 4 7 D   W   F   Y   G
MTL 4 12 D   W   F   Y   G
CMC 4 14 D   W   F   Y   G
MT 4 16 D   W   F   Y   G
ROCK 4 18 D   W   F   Y   G
USAP 4 18 D   W   F   Y   G
GGB 4 33 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 44.5% 11.2% 44.5%

 

Stage Transitions: Steel & Iron

Ticker From To Links

 

Stage Analysis: 3D Printing

Ticker Stage Weeks Links
SSYS 2 6 D   W   F   Y   G
CAMT 2 12 D   W   F   Y   G
ADSK 2 19 D   W   F   Y   G
PRCP 4 8 D   W   F   Y   G
XONE 4 11 D   W   F   Y   G
CIMT 4 22 D   W   F   Y   G
DDD 4 25 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 42.9% 0.0% 57.2%

 

Stage Transitions: 3D Printing

Ticker From To Links

 

Stage Analysis: Technical & System Software

Ticker Stage Weeks Links
ACIW 1 1 D   W   F   Y   G
CNQR 2 4 D   W   F   Y   G
MENT 2 4 D   W   F   Y   G
ICAD 2 6 D   W   F   Y   G
TYL 2 10 D   W   F   Y   G
EVOL 2 11 D   W   F   Y   G
INFY 2 12 D   W   F   Y   G
NATI 2 15 D   W   F   Y   G
ADSK 2 19 D   W   F   Y   G
PTC 2 20 D   W   F   Y   G
VMW 3 2 D   W   F   Y   G
SYX 3 10 D   W   F   Y   G
SCSC 4 2 D   W   F   Y   G
PDFS 4 8 D   W   F   Y   G
ATTU 4 17 D   W   F   Y   G
CIMT 4 22 D   W   F   Y   G
MIXT 4 29 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
5.9% 53.0% 11.8% 29.5%

 

Stage Transitions: Technical & System Software

Ticker From To Links
ACIW 2 1 D   W   F   Y   G

 

Stage Analysis: Trucking

Ticker Stage Weeks Links
PATR 1 7 D   W   F   Y   G
ECHO 2 11 D   W   F   Y   G
CNW 2 24 D   W   F   Y   G
SAIA 2 32 D   W   F   Y   G
HTLD 2 50 D   W   F   Y   G
KNX 2 51 D   W   F   Y   G
USAK 2 53 D   W   F   Y   G
CVTI 2 53 D   W   F   Y   G
LSTR 2 59 D   W   F   Y   G
PTSI 2 64 D   W   F   Y   G
ODFL 2 111 D   W   F   Y   G
JBHT 3 2 D   W   F   Y   G
QLTY 3 2 D   W   F   Y   G
YRCW 3 7 D   W   F   Y   G
MRTN 4 3 D   W   F   Y   G
WERN 4 4 D   W   F   Y   G
CGI 4 4 D   W   F   Y   G
SWFT 4 7 D   W   F   Y   G
UACL 4 21 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
5.3% 52.7% 15.8% 26.4%

 

Stage Transitions: Trucking

Ticker From To Links

 

Stage Analysis: Uranium

Ticker Stage Weeks Links
URRE 1 6 D   W   F   Y   G
LAM.TO 1 6 D   W   F   Y   G
U.TO 1 7 D   W   F   Y   G
NLR 2 6 D   W   F   Y   G
MGA.TO 2 10 D   W   F   Y   G
UUUU 3 20 D   W   F   Y   G
DNN 4 4 D   W   F   Y   G
UEC 4 5 D   W   F   Y   G
FCU.V 4 5 D   W   F   Y   G
URZ 4 10 D   W   F   Y   G
CCJ 4 17 D   W   F   Y   G
URG 4 19 D   W   F   Y   G
URA 4 21 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
23.1% 15.4% 7.7% 53.9%

 

Stage Transitions: Uranium

Ticker From To Links

 

Stage Analysis: Treasuries and U.S. Dollar

Ticker Stage Weeks Links
UUP 2 6 D   W   F   Y   G
TLT 2 29 D   W   F   Y   G
IEF 2 29 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 100.0% 0.0% 0.0%

 

Stage Transitions: Treasuries and U.S. Dollar

Ticker From To Links

 

Stage Analysis: Utilities – Diversified

Ticker Stage Weeks Links
EXC 2 2 D   W   F   Y   G
PEG 2 2 D   W   F   Y   G
NU 2 4 D   W   F   Y   G
FNRG 2 5 D   W   F   Y   G
VVC 2 7 D   W   F   Y   G
MGEE 2 15 D   W   F   Y   G
ED 2 23 D   W   F   Y   G
SO 2 30 D   W   F   Y   G
BEP 2 33 D   W   F   Y   G
DUK 2 35 D   W   F   Y   G
CHC 2 48 D   W   F   Y   G
UGI 2 49 D   W   F   Y   G
AVA 2 49 D   W   F   Y   G
NI 2 91 D   W   F   Y   G
FCEL 3 1 D   W   F   Y   G
AEE 3 2 D   W   F   Y   G
WR 3 2 D   W   F   Y   G
NWE 3 2 D   W   F   Y   G
UTL 3 3 D   W   F   Y   G
PNM 3 9 D   W   F   Y   G
NRG 4 1 D   W   F   Y   G
CZZ 4 1 D   W   F   Y   G
HTM 4 1 D   W   F   Y   G
MDU 4 4 D   W   F   Y   G
OTTR 4 7 D   W   F   Y   G
ALE 4 9 D   W   F   Y   G
TAC 4 10 D   W   F   Y   G
JE 4 18 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 50.0% 21.5% 28.6%

 

Stage Transitions: Utilities – Diversified

Ticker From To Links
FCEL 2 3 D   W   F   Y   G
NRG 3 4 D   W   F   Y   G
CZZ 1 4 D   W   F   Y   G
HTM 3 4 D   W   F   Y   G

 

Stage Analysis: Utilities – Electric

Ticker Stage Weeks Links
FE 2 4 D   W   F   Y   G
HE 2 4 D   W   F   Y   G
D 2 5 D   W   F   Y   G
CPN 2 5 D   W   F   Y   G
OGE 2 5 D   W   F   Y   G
IDA 2 6 D   W   F   Y   G
ITC 2 7 D   W   F   Y   G
EOC 2 20 D   W   F   Y   G
HNP 2 23 D   W   F   Y   G
EBR 2 26 D   W   F   Y   G
TE 2 27 D   W   F   Y   G
PAM 2 27 D   W   F   Y   G
ETR 2 28 D   W   F   Y   G
PNW 2 29 D   W   F   Y   G
PCG 2 32 D   W   F   Y   G
NYLD 2 32 D   W   F   Y   G
POM 2 33 D   W   F   Y   G
EIX 2 34 D   W   F   Y   G
DTE 2 34 D   W   F   Y   G
PPL 2 35 D   W   F   Y   G
CMS 2 35 D   W   F   Y   G
XEL 2 37 D   W   F   Y   G
UNS 2 44 D   W   F   Y   G
POR 2 46 D   W   F   Y   G
AEP 2 48 D   W   F   Y   G
EDE 2 49 D   W   F   Y   G
KEP 2 55 D   W   F   Y   G
AES 3 1 D   W   F   Y   G
CIG 3 1 D   W   F   Y   G
LNT 3 1 D   W   F   Y   G
BIP 3 1 D   W   F   Y   G
ELP 3 1 D   W   F   Y   G
CNL 3 1 D   W   F   Y   G
DYN 3 1 D   W   F   Y   G
EE 3 1 D   W   F   Y   G
ORA 3 1 D   W   F   Y   G
NEE 3 2 D   W   F   Y   G
SCG 3 3 D   W   F   Y   G
GXP 3 9 D   W   F   Y   G
WEC 3 10 D   W   F   Y   G
BKH 4 3 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 65.9% 31.8% 2.5%

 

Stage Transitions: Utilities – Electric

Ticker From To Links
AES 2 3 D   W   F   Y   G
CIG 2 3 D   W   F   Y   G
LNT 2 3 D   W   F   Y   G
BIP 2 3 D   W   F   Y   G
ELP 2 3 D   W   F   Y   G
CNL 2 3 D   W   F   Y   G
DYN 2 3 D   W   F   Y   G
EE 2 3 D   W   F   Y   G
ORA 2 3 D   W   F   Y   G

 

Stage Analysis: Utilities – Gas

Ticker Stage Weeks Links
UIL 2 4 D   W   F   Y   G
SPH 2 6 D   W   F   Y   G
SXE 2 16 D   W   F   Y   G
WGL 2 17 D   W   F   Y   G
APU 2 26 D   W   F   Y   G
TEG 2 29 D   W   F   Y   G
LG 2 31 D   W   F   Y   G
CNP 2 33 D   W   F   Y   G
NGG 2 55 D   W   F   Y   G
OKE 2 61 D   W   F   Y   G
SMLP 2 74 D   W   F   Y   G
GAS 2 93 D   W   F   Y   G
SRE 2 103 D   W   F   Y   G
ATO 3 1 D   W   F   Y   G
PNY 3 1 D   W   F   Y   G
NWN 3 2 D   W   F   Y   G
CPK 3 2 D   W   F   Y   G
NJR 3 3 D   W   F   Y   G
SJI 4 1 D   W   F   Y   G
STR 4 2 D   W   F   Y   G
SWX 4 2 D   W   F   Y   G
CLNE 4 8 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 59.1% 22.8% 18.2%

 

Stage Transitions: Utilities – Gas

Ticker From To Links
ATO 2 3 D   W   F   Y   G
PNY 2 3 D   W   F   Y   G
SJI 3 4 D   W   F   Y   G

 

Stage Analysis: Waste Management

Ticker Stage Weeks Links
BIN 2 5 D   W   F   Y   G
CVA 2 18 D   W   F   Y   G
WM 2 22 D   W   F   Y   G
WCN 2 23 D   W   F   Y   G
RSG 2 32 D   W   F   Y   G
VE 3 1 D   W   F   Y   G
SRCL 3 1 D   W   F   Y   G
CLH 3 4 D   W   F   Y   G
ECOL 3 6 D   W   F   Y   G
NES 4 8 D   W   F   Y   G
DAR 4 11 D   W   F   Y   G
CWST 4 13 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 41.7% 33.4% 25.0%

 

Stage Transitions: Waste Management

Ticker From To Links
VE 2 3 D   W   F   Y   G
SRCL 2 3 D   W   F   Y   G

 

Stage Analysis: Water

Ticker Stage Weeks Links
PLL 2 2 D   W   F   Y   G
XYL 2 4 D   W   F   Y   G
FLS 3 2 D   W   F   Y   G
PHO 4 1 D   W   F   Y   G
WTR 4 1 D   W   F   Y   G

 

Stage 1 Stage 2 Stage 3 Stage 4
0.0% 40.0% 20.0% 40.0%

 

Stage Transitions: Water

Ticker From To Links
PHO 3 4 D   W   F   Y   G
WTR 3 4 D   W   F   Y   G

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