Are we oversold?
In a word, no. Not even close to being oversold. As the $SPX has teetered around the 1115 area recently it has given the overbought and oversold signals a nice…
Overbought and Oversold Signals
There are several indicators that can be used to determine if stocks are overbought or oversold. The two I like to use are the Commodity Channel Index (CCI) and the…