of course its overbought, fed policy and central banks are pumping up a huge balloon, with that said, I have been taking full advantage of it.
largest position, CLF and its future look bright no matter what the markets do.
other safe holdings include
KR, T, AWK, PGX, NOBL, SBUX, APU and WFC
gambling on LL and VRX
stock with most volatility after earnings soon, CMG
$50-$100 swing