Below is a look at the percentage of overbought versus oversold stocks in the S&P 500 over the last year. As shown, 63{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of stocks in the index enter today in oversold territory, which is the highest reading we’ve seen in a year. Just 10{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of S&P 500 stocks are … Read entire story.
Source: Think BIG