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sharp pullback

What’s the Opposite of “Overbought” Stocks? Stocks That Are “Undersold??”

Question #2:  Can Stocks Ever Be “Underbought?” “Some investors have expressed concern that popular trades are overbought, making them vulnerable to a sharp pullback.” –“U.S. Stocks Drop as Investors Unwind Popular Trades”; The Wall Street Journal (3/21/17). Here’s a suggestion for financial journalists:  instead of using meaningless, mumbo jumbo phrases like “stocks fell because they...
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