The 5% gain in the Dow and 10% rally in the Russell 2000 has reversed severe oversold conditions into severe overbought conditions. Buying any stock that has rallied 7% to 10% and in some cases as much as 30% over the last week, is a recipe for disaster. We just need to be patient and wait for a pause. It will happen. Markets may streak but they always take profits eventually.
New Watch List Entry:
No New Watch List Entries
Stocks Dropped from Watch List:
No Watch List Drops
Active Watch List Play Descriptions:
No Active Watch List Plays