Tweet This sector is approaching overbought levels and I believe it will roll over soon. Pay close attention to how the sector chart $DJUSGU behaves at the 60 level on the daily RSI. This remains in a downtrend when viewing the daily chart indicated by the downward sloping channel. Below are the four stocks I’ve […]

Tweet . For the most part the stocks that went up today were just rebounding from an oversold condition. There were a few momentum stocks…very few that look good from a long perspective. HOC JAZZ NFG LTD are about the only that I wrote down, in case we do end up moving to new highs […]