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Updated: The 20 Strongest Names in the S&P 500


Home Depot, Eli Lilly, PPG Industries, and Tesoro Corporation are all approaching overbought.

MINYANVILLE ORIGINAL This past Monday, brought you the strongest 20 names in the S&P 500 (^GSPC) based on our proprietary algorithm. Today, we wanted to finish the week with an updated list.

Below is a list of our 20 strongest names. As you can see, Home Depot (HD), Eli Lilly (LLY), PPG Industries (PPG), and Tesoro Corporation (TSO) are approaching overbought. Our models reduce exposure 50% when the stock reaches an approaching overbought level; once a name hits overbought, we then reduce 100%.

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The chart below represents the strongest names in the S&P 500 based on our model broken down by each sector over a five-day period. Consumer services still dominates the S&P 500, comprising 40% of the list.

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Lastly, the following chart shows the S&P 500 sector ratings based on our algorithm. Financials went to a Buy (4 Rating) on August 17. It is tnteresting to note that energy was just upgraded to a Strong Buy today.

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To learn more about ChartLabPro's algorithm visit
No positions in stocks mentioned.
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