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Oct 06 2023

Yelling “Fire” In A Crowded Theater?

  • Oct 6, 2023

The latest market down-leg triggered one of our short-term breadth oscillators into super-oversold territory. While “oversold” may sound bullish to most contrarians, when SPX becomes as internally weak on a 10-day basis as it did in early October, there’s usually another shoe to drop.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager