Are Extremely Overbought Conditions Good or Bad for Stocks?
When a stock shows an RSI value above 80, is that a good thing or a bad thing? In this video, Dave reviews a series of examples showing this “extreme overbought” condition, highlights how these signals usually occur not at the end of, but often earlier in an uptrend phase, and unveils how to use the StockCharts platform to scan for stocks meeting this criteria today!
This video originally premiered on November 13, 2024. Watch on our dedicated David Keller page on StockCharts TV!
Previously recorded videos from Dave are available at this link.
Financial Upswing: Understanding the Stock Market Rally and Yield Rise
The afternoon turnaround seems to be more the norm than the exception. Thursday’s stock market action followed the trend. What makes Thursday’s turnaround more pronounced is a possible resumption of the uptrend in equities. But not all stocks are created
Bonds Get Death Cross SELL Signal
Today the 20-Year Bond ETF (TLT) 50-day EMA crossed down through the 200-day EMA (Death Cross), generating an LT Trend Model SELL Signal. This was the result of a down trend lasting over two months. We note that the PMO
Sector Rotation Suggests Offense Over Defense
Institutional investors tend to focus heavily on relative strength; after all, this is essentially how they are evaluated in their performance as money managers! In this article, let’s review three ways to analyze relative strength and what these charts are