Jan 21: 2 Strong Themes — Airlines, LED

January 21, 2015 · #Airlines #LED

2 strong themes — 2 recurred. Top: Airlines +4.0%.

Strong themes2 Top change+4.0% LeaderTway Holdings Incorporation

Average change by strong theme

Average change of member stocks, by theme · descending
Airlines
+4.0%
LED
+3.8%

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
AirlinesTway Holdings Incorporation+7.64%
LEDSeoul Semiconductor+5.21%

Two themes stood out in the Jan 21, 2015 session, led by Airlines at an average change of 3.96%. All 3 stocks in the group closed higher.

Tway Holdings Incorporation led with a gain of 7.64%, while Asiana Airlines rose 2.49% and Hanjinkal added 1.74%. A Korean news report tied the move to falling oil prices.

LED followed at an average change of 3.81%, with all 4 stocks up. Seoul Semiconductor led at 5.21%, with Wooree Enterprise at 4.2% and Fine Technix at 3.45%.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Airlinesrecurred after 8 days+4.0%3/3Tway Holdings Incorporation
2LEDrecurred after 9 days+3.8%4/4Seoul Semiconductor

Theme by Theme

1. Airlines (recurred after 8 days)

StockChangeCloseLeader
Tway Holdings Incorporation 004870+7.6%3,439★
Asiana Airlines 020560+2.5%37,275
Hanjinkal 180640+1.7%31,448

Related news

2. LED (recurred after 9 days)

StockChangeCloseLeader
Seoul Semiconductor 046890+5.2%20,200★
Wooree Enterprise 037400+4.2%1,860
Fine Technix 106240+3.5%1,230
Lumens Bios 038060+2.4%6,850

Closing Thoughts

Airlines returned after a gap of 8 days and LED after 9 days, and each run so far spans just 1 day. The next point to watch is whether either theme extends its streak.

A same-day Korean news report also linked airline strength to expectations of better earnings. The data has no LED news, so it does not show what drove that theme’s 3.81% average.