Industrials

CAT 336E LH

For the Industrials 2014 marks a Supercycle Wave V Top. The Industrials weighting in the S&P500 at 2013 year-end is 10.9%.

IYJ 27-04-14
Most industrial stocks exhibit patterns in line with that of the sector IYJ.
UTX ($107bn), BA ($93bn), MMM ($90bn), HON ($72bn), CAT ($65bn), LMT ($52bn)
UTX 1970 - 2014
BA 1962 -2014

MMM 1970 - 2014
HON 1970 -2014
CAT 1962 - 2014
LMT 1977 - 2014

One of the notable exceptions is GE ($268bn) that reached a Grandsupercycle (V) top in 2000.
GE 1962-2013

A minority of Industrial stocks peaked earlier in 2008 and have since traced up a Cycle B Wave until 2014.
Some of these stocks are ABB ($55bn), DE ($34bn), TYC ($19bn), WM ($21bn)
ABB 2001 - 2014
DE 1972 - 2014
TYC 1987 - 2014
WM 1991 - 2014HON 1970 -2014