Oct 12: 2 Strong Themes — Crypto & Bitcoin, Steel Majors

October 12, 2016 · #Crypto & Bitcoin #Steel Majors

2 strong themes — 2 recurred. Top: Crypto & Bitcoin +17.1%.

Strong themes2 Top change+17.1% LeaderHanil Networks

Average change by strong theme

Average change of member stocks, by theme · descending
Crypto & Bitcoin
+17.1%
Steel Majors
+2.6%

Theme leaders · recent trend

The line is the trend; the end-point colour is the last trading day's direction. Stocks without enough price history show as -
ThemeLeaderChangeTrend
Crypto & BitcoinHanil Networks+29.87%-
Steel MajorsPosco Steeleon+3.37%

Two themes stood out on Oct 12, 2016. Crypto & Bitcoin posted an average change of 17.1%, returning after a 772-day gap. Steel Majors rose a milder 2.58%.

Hanil Networks jumped 29.87% to close at 5000, and JCH Systems added 4.33%. A same-day Korean news report linked the rally to expectations of a bitcoin tax exemption in Japan.

In Steel Majors, leader Posco Steeleon gained 3.37% and SeAH Besteel Holdings added 1.79%. No trading data was listed for SeAH Steel Holdings.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Crypto & Bitcoinrecurred after 772 days+17.1%2/2Hanil Networks
2Steel Majorsrecurred after 35 days+2.6%2/3Posco Steeleon

Theme by Theme

1. Crypto & Bitcoin (recurred after 772 days)

StockChangeCloseLeader
Hanil Networks 046110+29.9%5,000★
JCH Systems 033320+4.3%6,980

Related news

2. Steel Majors (recurred after 35 days)

StockChangeCloseLeader
Posco Steeleon 058430+3.4%2,455★
SeAH Besteel Holdings 001430+1.8%25,650
SeAH Steel Holdings 003030--

Related news

Closing Thoughts

Both themes are on a 1-day streak, so the next session will show whether the moves extend. For Crypto & Bitcoin, the open question is whether the gains hold once the Japan tax news fades.

Steel Majors came back after a gap of 35 days, with 2 of 3 stocks up. Coming sessions will show whether more stocks in the theme join the gains.