ok so ran the daily S&P scan and today was interesting
health care is still showing up oversold but now we have more names. MCK still there at RSI 19, EPAM at 17, MDT back again, ABT and FE new today. whole defensive sector keeps getting hit. starting to wonder if this is sector rotation or something bigger
new name today is MSI at RSI 21, communications equipment. not something you see in oversold territory very often
semis still stupid overbought. AMD at 80, STX at 82, MCHP at 72. been like this for weeks now. AMD up 82% vs the market in 20 days. that's not normal
also interesting WST showing up on overbought side, health care supplies at RSI 77. so we have health care distributors getting crushed while health care supplies are overbought. weird divergence within the same sector
not buying anything yet. waiting to see if health care finds a floor
not financial advice
9 oversold alerts in S&P today. AMD up 82% vs market in 20 days
byu/StockScannerApp inStockMarket
Posted by StockScannerApp