http://www.StockMarketFunding.comWARNING! Overbought Stock Market! Stock Indexes Correcting! CRX.X MS Commodity Index Dow Jones Industrial Average, S&P 500 Index, Nasdaq Composite Index, New York Stock Exchange, Russell 2000, Real Estate Index, Gold Index, Silver Index. All overbought stocks are getting sold hard in the face of positive earnings. When these corrections start they start with nothing but red. We're seeing extreme greed and complacency in the stock markets. One that is frequently mentioned is the principle of a stock market being "overbought" or "oversold". Characterized by excessively high prices owing to prior heavy buying and a concomitant rise in prices: an overbought stock market. Overbought Stock Market Enters Corrective Phase as we predicted in prior trading videos. Is The Stock Market Extremely Overbought? Many investors have been piling into stocks at fresh 52 week highs. Bin Laden Killed....Markets Are Overbought. Shorting stocks at overbought levels has proven as successful strategy on an intraday level. We've seen major short squeezes and "bear raids" recently on BIDU and AMZN simply because we're too overbought on both the daily and weekly stock chart. A Stronger Dollar and Weaker Oil have contributed to the recent "stock market correction". The expression "sell in may and go away" has certainly been the case so far in May 2011. We saw a "silver bubble" get popped as the AGQ and SLV sold off leading the decline as silver prices sold off from the recent highs. Silver Prices Fall 20%: What You Should Do? The fiat US dollar has no fixed value. It's worth must be measured against other currencies. Overbought market conditions, some falling commodities prices, and lackluster earnings from Pfizer, Molson, and Clorox have also contributed to the recent "market selloff". We're already down several handles from the last major stock market top. "World Markets" didn't push higher on news of "Osama Bin Laden" dying because the markets we're just too overbought. "Professional traders" have been selling into the up moves and buying put options below the market. US rejects releasing bin Laden death photos and these are the type of headlines that keep investors distracted as markets selloff and stocks crash. SEC to Congress: More Money, Please? U.S. Urged to Probe Goldman Allegations. White House Speaks About Bin Laden Death Photos at Briefing. Leading stocks taken to woodshed. Portuguese Gold Sale Urged by Senior German Lawmakers as Mexican Central Bank Buys 100 Tonnes of Gold. . Weakness is being attributed to profit taking, momentum-driven traders and rumours regarding selling of gold and silver by George Soros's fund. U.S. Treasury Says $2 Trillion More Needed Just for 2011. U.S. Jobs Growth Slows in April. We'll be keeping a close on on the "stock market news" and headline driven events as we end the weekly "options expiration".
Some overbought stocks pulling back today are AGQ, OPEN, CEO, ISRG, CME, FSLR, MCP, ICE, AGU, IPGP, CLF, LVS, WYNN, CXO, IBM, OXY, CLR, CRM, UNT, DNDN, PAY, FCX, SI, DGI, ERX, CLF, WLT, MICC, TNH, PCLN, KRA, UNP, URTY, WWWW, MEE, GLD, SLV, PTR, DVN, SODA, MA, CMG, CAM, JOYG, DE, CAM, DIG, PX, WLL, WCAT, ILMN, PCP, FST, ROSE, APA, SFLY, GLNG, PPG, SINA, CYD, TWX, HON, MON, BCR, CVX, BIIB, COF, TCK, NDSN, TSL, EMR, CNX, NEU.
Video on: "dow jones" "dow chart" "chart analysis" "dow jones analysis" "stock market analysis" "technical analysis" "stock market" "weekly chart" dow "dow technical analysis" "dow jones chart" "chart for dow" "dow jones 2010" "charts analysis dow jones" "dow technical analysis" "technical analysis" "market analysis" "financial news" money DJIA NASDAQ S&P500 VIX FTSE Gold Oil "bear market" "bull market" "wall street" "stock broker" investing "stock trading" "stock picks" "stock alerts" economy analysis charts equities commentary "ETF trading" "options trading" "currency trading" "swing trading" "day trading" "small-cap stocks" "penny stocks" educational commodities "mutual funds" "world markets" "personal finance"