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The Market Carpet tool is a StockCharts.com exclusive and a favorite
of John Murphy’s. This unique format allows you to visually
scan and rank as many as 500 stocks at a glance, quickly finding
the best and worst performers for a given time period. Individual stocks
are represented
by
colored squares, color-coded to indicate positive or negative performance.
Hovering your mouse over a square reveals the symbol and its price
information for the selected time period.
Don’t let the unusual format intimidate you. Once you start
playing with the sliders and indicators, you’ll see for yourself
how fun and easy to use this tool actually is.
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