My Secret - I Look at a Lot of Charts

Perhaps the most important thing I learned from my old mentor, Michael Price, was to look at a lot of charts. A picture is worth a thousand words. Much of the time simple is better.

Click on the chart below and try to determine which sectors have obviously broken-out to the upside. To submit your answers click on [comments] at the bottom of the blog.

Hints - 1. It's price is spiking higher  2. the symbols end in P, U and V.

• XLB = Materials
• XLE = Energy
• XLF = Financials
• XLI  = Industrials
• XLK = Technology
• XLP = Consumer Staples
• XLU = Utilities
• XLV = Healthcare
• XLY = Consumer Discretionary

(Click on chart for easier viewing -
then click on the Windows back button to return)