- Traders should be cautious with the increased volatility (as well as news from Japan and the Middle East).
- Long-term investors looking to add equity positions may consider increasing their equity allocations.
Thursday, March 17, 2011
Oversold Stock Indicators Go Long 3/17/11 11:30am ET
Our oversold/overbought indicators have flipped to strongly long after their recent bearish signal on March 7, when the S&P was near 1310. The S&P currently stands at 1275.