Sure, lots have had nice moves recently but plenty of them have moderate RSI's - for example, check out HBI .... does that 1 year chart really look so overbought to you ? It's MUCH closer to a 52wk low than high.
Enjoyed your market discussion with researcher yesterday. I'm more in the early 2024 selloff camp, but who knows. A January correction would make sense with people harvesting such huge gains in recent weeks. Maybe it makes too much sense ha. Things usually don't work out so neatly. With the Fed talking rate cuts now, hard to see the markets selling off too much.
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