All posts tagged "overbought"
Marc Faber: Selling Avalanche Ahead, Buy Resource Stocks and Emerging Markets
Marc Faber, the editor of "The Gloom, Boom & Doom Report," is warning investors the U.S. stock market is vulnerable to a sudden sell-off which could start any time in a very unassuming way.
- Posted February 27, 2017
Marc Faber Feels Next Big Market Move to be Down
CNBC’s Melissa Lee interviewed the Gloom, Boom and Doom Report’s founder Marc Faber today to get his market forecast. Faber stated the rally wasn’t convincing in terms of new highs and volume. The stock market, along with...
- Posted August 15, 2012
Stocks May Be Hitting the Wall Soon, or Maybe Not
Trader’s Narrative and Bespoke Investment Group in posts yesterday point out that the market is overbought. According to TN, the market is hitting levels seen last April which is cause for concern: With today’s strong showing, the...
- Posted October 6, 2010
Marc Faber Sees a Big Drop in Stocks Ahead
The Standard & Poor’s 500 Index may retreat 20 percent from a 15-month high because stocks are expensive given prospects for economic and profit growth, Marc Faber said. “The market has become overbought,” Faber, who publishes the...
- Posted January 31, 2010
Stocks Trading Above 200 Day Moving Average at an Extreme
The Quantifiable Edges blog reports the percentage of stocks trading above their 200 day moving average is near an all-time high. This is from data going back to 1986. The implications are that the market is overbought,...
- Posted August 27, 2009
Reasons the Bulls Should Worry More
Simon Maierhofer, writing for Etfguide, provides three things that should concern stock market investors. 1) Too much investor optimism, 2) Technical factors indicate the market is overbought, and 3) a Dow Theory non-confirmation of this rally. All...
- Posted June 16, 2009