The Chart of the Day is Westlake Chemical (WLK). I found the stock by sorting the New High list for the best technical buy signals, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 8/14 the stock gained 5.57%.

Diversified chemicals and ammunition manufacturer Olin Corporation (OLN: $27/share) is in the Danger Zone this week.

Rather than a Great Rotation from bonds into equities, the rotation instead has been from growth into value. Among the ten U.S. business sectors, uber-defensive sector Utilities is still the clear leader year-to-date, up more than +10%, followed by Energy and Healthcare.