In the Optionable Universe, this week we saw 13 relative strength buy signals compared to 19 last week. On the sell side, there were 13 relative strength sell signals compared to 11 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 13 relative strength buy signals compared to 19 last week. On the sell side, there were 13 relative strength sell signals compared to 11 last week.

Symbol	Company	Sector	Price	RS vs Market Signal	RS vs Market Column	RS vs Peer Signal	RS vs Peer Column	Tech Attrib
ALGN	Align Technology, Inc.	Medical Products	274.440	Buy	X	Sell	X	4
GPX	GP Stratagies Corp	Industrial Goods & Svcs	8.580	Buy	X	Sell	X	3
APT	Alpha Pro Tech Limited	Medical Products	17.700	Buy	X	Buy	X	5
GNMK	Genmark Diagnostics Inc	Medical Products	14.710	Buy	X	Buy	X	5
AXDX	Accelr8 Technology Corp.	Biotechnology	15.160	Buy	X	Buy	X	5
INTL	International Assets Holding Corporation	Financial Services	55.000	Buy	X	Sell	X	4
NMM	Navios Maritime L.P.	Industrial Goods & Svcs	9.710	Buy	X	Buy	X	4
RAD	Rite Aid Corporation	Retail	17.060	Buy	X	Sell	X	4
SGC	Superior Uniform Group, Inc.	Cyclical Goods and Services	13.400	Buy	X	Buy	X	5
TNET	Trinet Group Inc.	Industrial Goods & Svcs	60.940	Buy	X	Buy	X	5
PAYS	Paysign, Inc.	Financial Services	9.710	Buy	X	Buy	X	5
SONO	Sonos, Inc.	Cyclical Goods and Services	14.630	Buy	X	Buy	X	5
RAD.TR	Rite Aid Corporation TR	Retail	17.060	Buy	X	Sell	X	4

Symbol	Company	Sector	Price	RS vs Market Signal	RS vs Market Column	RS vs Peer Signal	RS vs Peer Column	Tech Attrib
ATLC	Atlanticus Holdings Corp	Financial Services	10.340	Sell	O	Sell	O	0
EXC	Exelon Corporation	Electric Utilities	36.290	Sell	O	Sell	O	1
LNDC	Landec Corporation	Chemicals	7.960	Sell	O	Sell	O	0
PCG	PG&E Corporation	Electric Utilities	8.870	Sell	O	Sell	O	0
THC	Tenet Healthcare Corporation	Healthcare Providers	18.110	Sell	O	Buy	O	1
UIS	Unisys Corp	Technology Services	10.910	Sell	O	Sell	O	1
AMBA	Ambarella, Inc.	Semiconductors	45.800	Sell	O	Sell	O	0
QURE	Uniqure NV	Biotechnology	45.060	Sell	O	Sell	O	0
PVAC	Penn Virginia Corp.	Oil Companies Major	9.530	Sell	O	Sell	O	1
PCG.TR	PG&E Corporation TR	Electric Utilities	8.870	Sell	O	Sell	O	0
NTR	Nutrien Ltd.	Chemicals	32.100	Sell	O	Sell	O	1
THC.TR	Tenet Healthcare Corporation TR	Healthcare Providers	18.110	Sell	O	Buy	O	1
UIS.TR	Unisys Corp TR	Technology Services	10.910	Sell	O	Sell	O	1