Pullbacks Should Be Shallow (original) (raw)

The market is overbought on a short-term basis, although the intermediate-term indicators are not yet overbought.

The latest edition of TheStreet.com Top Stocks is now available.

This issue of the newsletter notes that stocks are extremely overbought on a short-term basis in almost every way imaginable. In addition, some new ideas, today's indicator, updates on previous picks and reader feedback on four stocks.