Can A Market Be Both Complacent and Oversold? – The Market Breadth

complacent and oversold (Credit: sonstroem on Flickr)

Stock Market Commentary: Yes. The stock market can be both complacent and oversold. A week ago I described how stocks left regional banks behind. Last week, the overall market took comfort in the on-going, yet narrowing, strength in big cap tech stocks even as industrials and other economically sensitive stocks stumbled into weakness. The resulting … Read more