In the Optionable Universe, this week we saw 50 relative strength buy signals compared to 41 last week. On the sell side, there were 36 relative strength sell signals compared to 15 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 50 relative strength buy signals compared to 41 last week. On the sell side, there were 36 relative strength sell signals compared to 15 last week.

Symbol	Company	Sector	Price	RS vs Market Signal	RS vs Market Column	RS vs Peer Signal	RS vs Peer Column	Tech Attrib
ALK	Alaska Air Group Inc	Cyclical Goods and Services	66.520	Buy	X	Sell	X	4
TFC	Truist Financial Corp	Banks	58.730	Buy	X	Buy	X	5
BOKF	BOK Financial Corporation	Banks	88.250	Buy	X	Sell	X	4
CAT	Caterpillar, Inc.	Industrial Goods & Svcs	220.180	Buy	X	Sell	X	3
TCF	TCF Financial Corporation	Banks	45.980	Buy	X	Buy	X	5
CRS	Carpenter Technology Corporation	Basic Resources	42.470	Buy	X	Sell	X	4
CSWC	Capital Southwest Corporation	Financial Services	21.970	Buy	X	Sell	X	4
CTB	Cooper Tire & Rubber Company	Automobiles	57.860	Buy	X	Buy	X	5
DLX	Deluxe Corporation	Industrial Goods & Svcs	42.000	Buy	X	Buy	X	5
EPR	EPR Properties	Equity REITs	46.510	Buy	X	Sell	X	4
EXP	Eagle Materials, Inc.	Construction	125.180	Buy	X	Sell	X	3
FBNC	First Bancorp North Carolina	Banks	40.820	Buy	X	Buy	X	5
HA	Hawaiian Holdings, Inc.	Cyclical Goods and Services	26.640	Buy	X	Sell	X	4
DIN	DineEquity, Inc.	Cyclical Goods and Services	78.790	Buy	X	Buy	X	4
DISCK	Discovery Communications Inc. 'C'	Media	44.140	Buy	X	Buy	X	5
CDXC	Chromadex Corp.	Media	9.540	Buy	X	Buy	X	5
CSOD	Cornerstone Ondemand	Software	52.850	Buy	X	Sell	X	4
HMST	Homestreet Inc	Banks	44.010	Buy	X	Buy	X	4
JBLU	JetBlue Airways Corporation	Cyclical Goods and Services	19.150	Buy	X	Sell	X	3
MRO	Marathon Oil Corporation	Oil Companies Major	11.160	Buy	X	Buy	X	4
PSEC	Prospect Capital Corporation	Financial Services	7.440	Buy	X	Sell	X	4
PXD	Pioneer Natural Resources	Oil Companies Secondary	145.240	Buy	X	Buy	X	5
PEB	Pebblebrook Hotel Trust	Equity REITs	22.700	Buy	X	Buy	X	5
MPC	Marathon Petroleum Corp.	Oil Companies Major	55.770	Buy	X	Buy	X	5
RAVN	Raven Industries Inc	Industrial Goods & Svcs	40.480	Buy	X	Sell	X	4
RRC	Range Resources Corp	Oil Companies Secondary	10.430	Buy	X	Buy	X	5
VNDA	Vanda Pharmaceuticals Inc.	Pharmaceuticals	18.690	Buy	X	Sell	X	4
VET	Vermilion Energy Inc	Oil Companies Major	6.060	Buy	X	Sell	X	3
VAC	Marriott Vacations Worldwide Corporation	Cyclical Goods and Services	164.690	Buy	X	Sell	X	4
FNHC	FedNat Holding Co	Insurance	7.080	Buy	X	Sell	X	3
FPRX	Five Prime Therapeutics, Inc.	Biotechnology	23.430	Buy	X	Buy	X	5
AAL	American Airlines Group Inc.	Cyclical Goods and Services	20.660	Buy	X	Sell	X	4
BRX	Brixmor Property Group Inc	Equity REITs	20.100	Buy	X	Buy	X	5
TPCO	Tribune Publishing Co	Media	16.990	Buy	X	Buy	X	5
UE	Urban Edge Properties	Equity REITs	16.970	Buy	X	Buy	X	5
XHR	Xenia Hotels and Resorts Inc.	Cyclical Goods and Services	19.490	Buy	X	Sell	X	4
PVAC	Penn Virginia Corp.	Oil Companies Major	14.580	Buy	X	Sell	X	4
ARD	Ardagh Group SA	Industrial Goods & Svcs	24.000	Buy	X	N/A	X	4
EQH	Equitable Holdings Inc	Insurance	29.050	Buy	X	Buy	X	5
GSKY	GreenSky, Inc. Class A	Industrial Goods & Svcs	5.530	Buy	O	Sell	O	3
JBLU.TR	JetBlue Airways Corporation TR	Cyclical Goods and Services	19.150	Buy	X	Sell	X	3
CTB.TR	Cooper Tire & Rubber Company TR	Automobiles	59.134	Buy	X	Buy	X	5
JCI.TR	Johnson Controls International PLC TR	Industrial Goods & Svcs	58.378	Buy	X	Buy	X	5
MRO.TR	Marathon Oil Corporation TR	Oil Companies Major	11.405	Buy	X	Buy	X	5
RRC.TR	Range Resources Corp TR	Oil Companies Secondary	10.526	Buy	X	Buy	X	5
PEB.TR	Pebblebrook Hotel Trust TR	Equity REITs	22.769	Buy	X	Buy	X	5
TWO.TR	Two Harbors Investment Corporation TR	Financial Services	7.703	Buy	X	Buy	X	4
XHR.TR	Xenia Hotels and Resorts Inc. TR	Cyclical Goods and Services	20.019	Buy	X	Sell	X	4
SLQT	SelectQuote Inc	Insurance	29.940	Buy	X	Sell	X	4
AIRO	Airspan Networks Inc.	Communications Technology	14.000	Buy	O	N/A	O

Symbol	Company	Sector	Price	RS vs Market Signal	RS vs Market Column	RS vs Peer Signal	RS vs Peer Column	Tech Attrib
CMS	CMS Energy Corporation	Electric Utilities	55.690	Sell	O	Buy	O	1
CVM	Cel-Sci Corp	Biotechnology	18.060	Sell	O	Sell	O	1
DGX	Quest Diagnostics Incorporated	Healthcare Providers	117.490	Sell	O	Sell	O	1
EBIX	ebix.com Inc.	Software	23.200	Sell	O	Buy	O	1
ECL	Ecolab Inc.	Chemicals	211.160	Sell	O	Sell	O	1
EFX	Equifax Inc.	Industrial Goods & Svcs	171.870	Sell	O	Sell	O	1
HSIC	Henry Schein, Inc.	Medical Products	65.620	Sell	O	Sell	O	0
BSQR	BSQUARE Corporation	Software	5.250	Sell	O	Buy	O	2
ISIG	Insignia Systems Inc	Software	7.080	Sell	O	Sell	O	0
MBT	Mobile Telesystems (Russia) ADR	Wireless Communications	8.490	Sell	O	Sell	O	0
PHI	Philippine Long Distance Telephone (Philippines) ADR	Fixed Line Communications	26.780	Sell	O	Sell	O	1
LL	Lumber Liquidators Holdings Inc	Construction	25.800	Sell	O	Sell	O	1
LUMO	Lumos Pharma Inc	Biotechnology	14.970	Sell	O	Sell	O	0
QDEL	Quidel Corporation	Medical Products	167.420	Sell	O	Sell	O	0
SGMO	Sangamo Therapeutics Inc.	Biotechnology	12.330	Sell	O	Sell	O	0
SJW	SJW Group	Water Utilities	66.550	Sell	O	Sell	O	1
ONVO	Organovo Holdings, Inc.	Biotechnology	11.300	Sell	O	Sell	O	0
SRNE	Sorrento Therapeutics, Inc.	Biotechnology	11.005	Sell	O	Sell	O	1
GRUB	Grubhub Inc.	Technology Services	65.830	Sell	O	Sell	O	0
BLNK	Blink Charging Co	Automobiles	38.790	Sell	O	Sell	O	1
WPG	Washington Prime Group Inc.	Equity REITs	6.640	Sell	O	Sell	O	0
SUNW	Sunworks Inc.	Industrial Goods & Svcs	11.590	Sell	O	Buy	O	2
SYRS	Syros Pharmaceuticals Inc	Biotechnology	9.180	Sell	O	Sell	O	0
AQUA	Evoqua Water Technologies Corp	Water Utilities	24.570	Sell	O	Buy	O	2
EIX.TR	Edison International TR	Electric Utilities	63.108	Sell	O	Buy	O	1
SVMK	SVMK, Inc.	Technology Services	19.290	Sell	O	Sell	O	1
WMT.TR	Wal-Mart Stores Inc. TR	Retail	139.030	Sell	O	Sell	O	1
MCD.TR	McDonald s Corporation TR	Cyclical Goods and Services	220.711	Sell	O	Buy	O	2
FSLY	Fastly, Inc. Class A	Technology Services	77.910	Sell	O	Sell	O	0
DGX.TR	Quest Diagnostics Incorporated TR	Healthcare Providers	121.294	Sell	O	Sell	O	0
AQUA.TR	Evoqua Water Technologies Corp (TR)	Water Utilities	24.570	Sell	O	Buy	O	2
CONE.TR	CyrusOne Inc TR	Equity REITs	67.627	Sell	O	Sell	O	0
CSR.TR	Centerspace TR	Equity REITs	74.043	Sell	O	Buy	O	1
LI	Li Auto, Inc. Sponsored ADR Class A	Automobiles	26.990	Sell	O	Buy	O	1
CLOV	Clover Health Investments Corp.	Healthcare Providers	10.130	Sell	O	Sell	O	0
TPGY	TPG Pace Beneficial Finance Corporation Class A	Financial Services	21.190	Sell	O	Sell	O	1