Hoping for a Decline
An downturn early in the week with fewer new lows would set up an oversold rally into the end of the month and early May.
The latest edition of TheStreet Top Stocks is now available.
This issue of the newsletter notes that having so many cyclical stocks down and out while the majority of defensive names are strong has created sentiment that is not giddy. In addition, some new ideas, updates on previous picks, and reader feedback on three stocks.
http://www.thestreet.com/k/ts/index.html