4 Overbought Stocks for Traders

In markets headed higher or lower, one of the great things about trading stocks is that there is always an opportunity around the corner. These opportunities can be especially stark when the broader market is exhibiting the same kind of strength in weakness or weakness in strength characteristics that we at TradingMarkets look to find in individual stocks.

For example, on a short-term trading basis, the fact that the S&P 500, Dow and Nasdaq are still trading below their 200-day moving averages means thatââ”