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S&P 100 Index (OEX.I) vs. Russell 2000 Index (RLS.I) & Dow Jones Transportation Average (DTX.I) + iShares US Energy ETF (IYE)

In this issue of Equity Leaders Weekly, we look at what diverging index action in the US is telling us about investor sentiment, and at recent cracks in the energy sector.

Estee Lauder Companies Inc. (EL)

A major breakout is underway in Estee Lauder (EL) shares. For over a year, the shares have been trending upward in a step pattern of rallies followed by periods of consolidation at higher levels. Consistently higher lows indicate steady accumulation and consistent investor support.

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