The Energy Sector is Quite Overbought on a Short-Term Basis
- Is really possible that NYC will charge the marathon runners to run over the Verrazzano-Narrows Bridge in the NYC Marathon this fall? Geez, we thought we had heard it all!
- The energy stocks are getting quite overbought on a short-term basis. In fact, stocks like COP have only been more overbought twice over the past 35 years. Thus, they’re getting ripe for a near-term pullback.
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