Stocks are more overvalued and more overbought than a week ago, but still without confirming a market top.
The paper and paper products industry is extremely overvalued in the undervalued basic materials sector. Here are buy and trade parameters for nine stocks in this industry.
The oil-energy sector is the cheapest of the 15 overvalued sectors. Today I update the profiles of 13 oil services stocks.
While the major equity averages hesitated, utilities continued to a high of 537.86, up 18.7% year to date vs. the S&P 500's 12.0% gain.
Wal-Mart, Macy's, Kohl's, Nordstorm, Dick's Sporting Goods and Big Lots report earnings this week.
With 27% of all stocks overvalued by more than 20%, investing's more like trading technical momentum.
The ghost of TARP, difficulty maintaining a buy rating and other signs of stress are still showing.
Transports are up 21% year to date but the sell-rated sector is 18% overvalued.
Six months after the devastating Northeast storm, these are companies involved in the recovery effort.
Disney, Deere, Whole Foods, Public Storage and Transocean to report earnings.