In the Optionable Universe, this week we saw 12 relative strength buy signals compared to 28 last week. On the sell side, there were 16 relative strength sell signals compared to 35 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 12 relative strength buy signals compared to 28 last week. On the sell side, there were 16 relative strength sell signals compared to 35 last week.

Symbol	Company	Sector	Price	RS vs Market Signal	RS vs Market Column	RS vs Peer Signal	RS vs Peer Column	Tech Attrib
BELFB	Bel Fuse Inc - CL B	Industrial Goods & Svcs	12.180	Buy	X	Sell	X	4
GIL	Gildan Activewear	Cyclical Goods and Services	20.260	Buy	X	Buy	X	4
GLNG	Golar LNG Ltd	Industrial Goods & Svcs	10.320	Buy	X	Buy	X	4
HVT	Haverty Furniture Companies, Inc.	Retail	20.030	Buy	X	Sell	X	4
AOSL	Alpha & Omega Semiconductor Ltd.	Semiconductors	13.790	Buy	X	Sell	X	4
NGS	Natural Gas Services Group	Oil Drilling, Equipment Svcs	8.240	Buy	X	Sell	X	3
PRAA	Portfolio Recovery Associates, Inc.	Financial Services	44.480	Buy	X	Buy	X	5
NOA	North American Energy Partners, Inc.	Oil Drilling, Equipment Svcs	7.730	Buy	X	Buy	X	4
CBMG	Cellular Biomedicine Group, Inc	Biotechnology	18.390	Buy	X	Buy	X	5
GCP	GCP Applied Technologies Inc	Chemicals	26.850	Buy	X	Buy	X	5
REDU	RISE Education Cayman Ltd Sponsored ADR	Retail	7.450	Buy	X	Buy	X	5
KRO.TR	Kronos Worldwide, Inc. TR	Chemicals	13.495	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
FLIR	Flir Systems Inc	Industrial Goods & Svcs	37.605	Sell	O	Sell	O	0
MDP	Meredith Corporation	Media	13.130	Sell	O	Sell	O	0
MRLN	Marlin Business Services Inc.	Industrial Goods & Svcs	6.940	Sell	O	Buy	O	1
NI	Nisource, Inc.	Electric Utilities	23.580	Sell	O	Sell	O	1
STRA	Strategic Education Inc	Noncyclical Goods and Svcs	113.560	Sell	O	Sell	O	0
SFUN	Fang Holdings Ltd	Technology Services	12.115	Sell	O	Sell	O	0
NYCB	New York Community Bancorp, Inc.	Banks	9.620	Sell	O	Buy	O	1
PTCT	PTC Therapeutics Inc	Biotechnology	49.130	Sell	O	Buy	O	1
CTSO	Cytosorbents Corp.	Biotechnology	8.900	Sell	O	Sell	O	1
TRHC	Tabula Rasa Healthcare Inc	Software	47.740	Sell	O	Sell	O	0
DCPH	Deciphera Pharmaceuticals, Inc.	Biotechnology	44.610	Sell	O	Sell	O	0
OXY.TR	Occidental Petroleum Corporation TR	Oil Companies Secondary	16.209	Sell	O	Buy	O	1
LX	Lexinfintech Holdings Ltd. Sponsored ADR Class A	Financial Services	8.180	Sell	O	Buy	O	1
PAYS	Paysign, Inc.	Financial Services	6.910	Sell	O	Sell	O	0
HRC.TR	Hill-Rom Holdings, Inc. TR	Medical Products	93.399	Sell	O	Sell	O	1
NYCB.TR	New York Community Bancorp, Inc. TR	Banks	10.243	Sell	O	Buy	O	2