Concerned About Churning
My fear is that the market will continue to use up the oversold reading like it did today and then do little.
The latest edition of TheStreet.com Top Stocks is now available.
This issue of the newsletter discusses how the market has rallied with positive breadth for four days and the McClellan Summation Index has not turned back up. In addition, some new ideas, today's indicator, updates on previous picks and reader feedback on three stocks.