In the Optionable Universe, this week we saw 54 relative strength buy signals compared to 45 last week. On the sell side, there were 9 relative strength sell signals compared to 30 last week.

Relative strength is a measure of how a stock is performing when compared to something else, in this case the S&P 500 Equal Weighted Index (SPXEWI). Each day the stock's closing price is divided by that of the SPXEWI, the resulting numbers decimal is moved two places and then plotted on a Point & Figure chart. Whenever the relative strength chart shows a double top buy signal (e.g. RS Buy or Positive Relative Strength), it suggests the stock is likely to outperform the market for the foreseeable future. Conversely, whenever the relative strength chart gives a double bottom sell signal (e.g. RS Sell or Negative Relative Strength) it suggests the stock will under-perform the market. Relative strength signals tend to last roughly 18 to 24 months on average. Consequently, changes from buy signals to sell signals (and vice versa) are important to be aware of as they are longer-term implications of a stock's likely performance versus the indices. Using the Point & Figure chart along with the relative strength chart will allow you to better ascertain risk-reward and other trade management tools, but we always want to over-weight our portfolios toward those stocks that are on RS buy signals, giving us the best chance of outperforming the broader market.

In the Optionable Universe, this week we saw 54 relative strength buy signals compared to 45 last week. On the sell side, there were 9 relative strength sell signals compared to 30 last week.

Symbol	Company	Sector	Price	RS vs Market Signal	RS vs Market Column	RS vs Peer Signal	RS vs Peer Column	Tech Attrib
ABG	Asbury Automotive Group Inc.	Retail	77.390	Buy	X	Buy	X	3
ABMD	Abiomed, Inc	Medical Products	209.080	Buy	X	Sell	X	3
RAMP	Liveramp Holdings Inc.	Industrial Goods & Svcs	47.150	Buy	X	Buy	X	5
BYD	Boyd Gaming Corp	Cyclical Goods and Services	20.380	Buy	X	Sell	X	3
CAR	Avis Budget Group, Inc.	Noncyclical Goods and Svcs	18.610	Buy	X	Sell	X	3
CIR	CIRCOR International, Inc.	Industrial Goods & Svcs	16.390	Buy	X	Buy	X	4
CVCO	Cavco Industries, Inc.	Construction	202.450	Buy	X	Buy	X	5
DCO	Ducommun Inc	Industrial Goods & Svcs	31.590	Buy	X	Sell	X	3
DECK	Deckers Outdoor Corporation	Cyclical Goods and Services	180.050	Buy	X	Buy	X	5
FUN	Cedar Fair L.P.	Cyclical Goods and Services	34.860	Buy	X	Buy	X	3
GPI	Group 1 Automotive, Inc.	Retail	68.930	Buy	X	Buy	X	4
HZO	Marinemax	Retail	19.710	Buy	X	Buy	X	5
CATM	Cardtronics PLC	Financial Services	26.780	Buy	X	Sell	X	3
ASPS	Altisource Portfolio Solutions SA (Luxembourg) ADR	Financial Services	15.410	Buy	X	Buy	X	4
ILMN	Illumina, Inc.	Biotechnology	354.410	Buy	X	Sell	X	3
KAI	Kadant, Inc.	Industrial Goods & Svcs	100.360	Buy	X	Buy	X	5
KIM	Kimco Realty Corporation	Equity REITs	12.240	Buy	X	Sell	X	3
MDC	M.D.C. Holdings, Inc.	Cyclical Goods and Services	33.510	Buy	X	Sell	X	3
MEOH	Methanex Corp	Chemicals	17.550	Buy	X	Sell	X	3
MSB	Mesabi Trust	Basic Resources	17.120	Buy	X	Buy	X	5
MTG	MGIC Investment Corporation	Insurance	8.410	Buy	X	Sell	X	3
MD	MEDNAX, Inc.	Healthcare Providers	15.880	Buy	X	Sell	X	3
TPC	Tutor Perini Corporation	Construction	10.270	Buy	X	Sell	X	3
TPX	Tempur Sealy International Inc.	Noncyclical Goods and Svcs	63.310	Buy	X	Sell	X	3
RICK	RCI Hospitality Holdings Inc.	Cyclical Goods and Services	14.510	Buy	X	Sell	X	3
WYND	Wyndham Destinations Inc.	Cyclical Goods and Services	31.940	Buy	X	Sell	X	2
TA	TravelCenters of America Inc	Cyclical Goods and Services	12.400	Buy	X	Sell	X	2
TCPC	BlackRock TCP Capital Corp	Financial Services	9.910	Buy	X	Buy	X	4
XONE	The ExOne Company	Industrial Goods & Svcs	8.900	Buy	X	Sell	X	3
AGIO	Agios Pharmaceuticals Inc.	Biotechnology	52.450	Buy	X	Sell	X	4
BLUE	Bluebird Bio	Biotechnology	63.910	Buy	X	Sell	X	2
ATRA	Atara Biotherapeutics	Biotechnology	11.320	Buy	O	Buy	O	3
VKTX	Viking Therapeutics	Pharmaceuticals	7.740	Buy	X	Sell	X	3
WBT	Manitowoc Foodservice Inc	Noncyclical Goods and Svcs	6.410	Buy	X	Sell	X	3
AGLE	Aeglea Biotherapeutics	Biotechnology	9.060	Buy	X	Buy	X	5
RRR	Red Rock Resorts Inc	Leisure Goods and Service	13.440	Buy	X	Sell	X	2
NTNX	Nutanix Inc	Software	24.410	Buy	X	Sell	X	4
ELF	Elf Beauty Inc	Noncyclical Goods and Svcs	16.680	Buy	X	Buy	X	5
HGV	Hilton Grand Vacations Inc	Cyclical Goods and Services	21.500	Buy	X	Sell	X	4
PK	PARK HOTELS & RESORTS INC		10.190	Buy	X	N/A	X	3
REVG	REV Group Inc	Automobiles	5.800	Buy	X	Sell	X	2
BHF	Brighthouse Financial Inc.	Insurance	31.580	Buy	X	Buy	X	5
CADE	Cadence Bancorporation Class A	Banks	7.790	Buy	X	Sell	X	3
LB.TR	L Brands Inc. TR	Retail	19.417	Buy	X	Sell	X	4
CGBD	TCG BDC, Inc.	Financial Services	8.925	Buy	X	Sell	X	3
FOCS	Focus Financial Partners, Inc. Class A	Financial Services	28.200	Buy	X	Buy	X	5
VFF	Village Farms International, Inc.	Chemicals	5.870	Buy	X	Buy	X	4
LPX.TR	Louisiana-Pacific Corporation TR	Basic Resources	24.670	Buy	X	Buy	X	5
WYND.TR	Wyndham Destinations Inc. TR	Cyclical Goods and Services	33.245	Buy	X	Buy	X	3
CAR.TR	Avis Budget Group, Inc. TR	Noncyclical Goods and Svcs	18.610	Buy	X	Sell	X	3
MTG.TR	MGIC Investment Corporation TR	Insurance	8.592	Buy	X	Sell	X	3
ABMD.TR	Abiomed,Inc. TR	Medical Products	209.080	Buy	X	Sell	X	3
EPR.TR	EPR Properties TR	Equity REITs	33.443	Buy	X	Buy	X	4
ARNC	Arconic Corp.	Basic Resources	13.050	Buy	X	Buy	X	5

Symbol	Company	Sector	Price	RS vs Market Signal	RS vs Market Column	RS vs Peer Signal	RS vs Peer Column	Tech Attrib
APT	Alpha Pro Tech Limited	Medical Products	12.270	Sell	O	Sell	O	0
GNMK	Genmark Diagnostics Inc	Medical Products	9.570	Sell	O	Sell	O	1
CLVS	Clovis Oncology Inc	Biotechnology	6.880	Sell	O	Sell	O	1
KMPR	Kemper Corporation	Insurance	62.050	Sell	O	Buy	O	1
HPE	Hewlett Packard Enterprise Company	Technology Services	9.420	Sell	O	Sell	O	0
ELAN	Elanco Animal Health, Inc.	Food and Beverage	19.370	Sell	O	N/A	O	0
AGR.TR	Avangrid Inc TR	Electric Utilities	43.177	Sell	O	Buy	O	1
HII.TR	Huntington Ingalls Industries Inc TR	Industrial Goods & Svcs	195.964	Sell	O	Buy	O	2
ELAN.TR	Elanco Animal Health Inc. TR	Food and Beverage	19.370	Sell	O	N/A	O	0