Courtesy of The PPT, today’s OVERBOUGHT/OVERSOLD list:

OVERBOUGHT (HYBRID):
count: 103
IRDM
UXG
CPIX
STWD
IVR
FOLD
FRPT
RSOL
ANTP
BSRR
WSH
WIN
VNO
UNM
UEPS
TSM
TSCM
TRP
TRAK
THG
TGX
STXS
SONC
SMI
SHFL
SATS
RWT
RGS
RGR
RGC
RCRC
PZN
PCS
PACR
OSIP
OPLK
OFI
NSR
NSIT
NLY
NLS
MTH
MSB
MRCY
MOV
MHLD
MFE
MERC
MCCC
LFC
LEG
LEAP
LCC
LAB
KG
KFY
JEF
IPSU
INTC
INCY
IMAX
IHS
IDCC
HSY
HMN
GSL
GROW
GAIA
FSC
FMD
FISV
FGXI
FALC
EVR
EMC
ELY
DRRX
DPZ
DPS
DFG
DEI
DCO
CTCT
CRUS
CRI
CPHD
CNQR
CMC
CHRD
CEDC
CDI
BRCM
BEE
BCE
AXS
ARRS
AGYS
ACIW
ACAT
ABR
ABG
AB
AAI

OVERBOUGHT (TECH):
count: 97
IRDM
UXG
DRN
IVR
RSOL
RST
ANTP
BSRR
MJN
NTDOY
VBR
WSH
WIN
VVI
VGR
UNM
TSCM
TRP
TLK
THG
TGX
TEO
SVU
SUP
STXS
STV
STMP
SNV
SNHY
SMI
SIGI
SID
RGS
RGC
PRGS
POOL
PLUG
PACR
OFI
NZ
NUAN
NLS
NDAQ
MTH
MSB
MERC
MCCC
LSTR
LEAP
LCC
LAB
KFY
KEX
ISCA
INCY
IBNK
HSY
HMN
GWR
GSL
GMT
GES
GBNK
GAIA
FSC
FORR
FISV
EXBD
EMC
EDR
EBAY
DRC
DPS
DOX
DHX
DHI
DCO
DAC
CRUS
CPHD
CNQR
CMC
CHRD
CDI
BMI
BK
BEE
BCSI
BCE
AXS
ALSK
ALKS
AGYS
ADP
ACN
ACAT
ABR

OVERSOLD (HYBRID):
count: 2
THLD
PTNR

OVERSOLD (TECH):
count: 4
NIB
SGG
IAU
GLD

Your suspicions are correct.

Month
Avg Return
Years Up
Years Down
Days Up
Days Down
Days Unchanged
Variance

January
2.794%
3
4
67
71
2
0.02

February
5.528%
3
4
63
59
2
-0.52

March
10.765%
6
0
57
73
2
-0.02

April
5.803%
5
1
65
58
1
0.45

May
2.626%
3
3
62
61
3
0.47

June
-8.086%
0
6
72
56
1
-0.2

July
9.438%
5
1
54
71
1
0.2

August
-3.094%
3
3
62
68
3
-0.18

September
4.076%
5
1
59
64
0
0.16

October
-1.404%
3
3
64
68
0
-0.81

November
-0.995%
3
3
68
55
0
-0.1

December
4.411%
5
2
72
77
0
-0.33

Let’s see if my robots are better than yours.

Reading: OVERBOUGHT

Netflix, Inc. (NFLX: 70.63 +1.48%)

Month
Avg Return
Years Up
Years Down
Days Up
Days Down
Days Unchanged
Variance

January
8.216%
5
3
86
75
0
-0.01

February
4.984%
4
4
69
73
1
0.26

March
8.390%
6
1
73
78
2
0.04

April
-1.647%
4
3
72
70
3
-0.12

May
3.765%
2
5
70
77
0
-0.01

June
1.010%
4
4
90
80
0
-0.29

July
-5.266%
4
4
87
83
0
-0.08

August
0.887%
3
5
83
89
4
-0.21

September
5.496%
7
1
77
87
0
0.03

October
8.910%
5
3
83
94
1
0.27

November
3.316%
5
3
76
85
1
-0.18

December
5.907%
5
3
89
81
0
0.17

Amazon.com, Inc. (AMZN: 131.79 +0.50%)

Month
Avg Return
Years Up
Years Down
Days Up
Days Down
Days Unchanged
Variance

January
1.983%
5
8
140
122
0
-0.04

February
-3.969%
6
7
136
95
6
-0.52

March
7.002%
9
3
133
128
2
0.04

April
11.366%
8
4
124
122
2
0.55

May
2.105%
7
5
118
134
1
-0.3

June
7.541%
7
6
134
137
5
0.55

July
1.589%
7
6
145
125
5
0.07

August
2.371%
7
6
141
140
3
0

September
12.064%
10
3
133
128
1
-0.16

October
4.348%
7
6
137
151
1
0.42

November
10.545%
9
4
123
140
1
-0.03

December
3.365%
5
8
139
133
3
-0.09

ATP Oil & Gas Corporation (ATPG: 18.89 +0.16%)

Month
Avg Return
Years Up
Years Down
Days Up
Days Down
Days Unchanged
Variance

January
-7.944%
4
5
93
83
6
0.03

February
-3.288%
3
6
79
80
2
-0.08

March
21.842%
5
4
89
105
1
0.37

April
3.624%
5
4
89
93
5
-0.17

May
9.739%
5
4
79
110
2
-0.25

June
4.262%
4
5
86
99
6
-0.01

July
-1.317%
3
6
101
87
2
-0.14

August
4.831%
4
5
97
98
4
-0.18

September
4.339%
4
5
90
82
7
-0.4

October
0.797%
4
5
90
104
7
-0.05

November
-5.743%
4
5
105
77
1
0.02

December
1.855%
5
4
87
101
2
-0.33

Applied Materials, Inc. (AMAT: 12.45 +1.80%)

Month
Avg Return
Years Up
Years Down
Days Up
Days Down
Days Unchanged
Variance

January
9.048%
16
10
202
245
93
0.03

February
6.240%
15
10
203
222
63
0.44

March
1.728%
13
12
230
233
82
-0.14

April
5.071%
15
9
211
215
91
0.43

May
4.454%
13
11
225
227
77
-0.37

June
-2.245%
9
16
237
219
78
0.19

July
3.436%
13
12
218
233
79
0.04

August
0.299%
12
12
237
222
93
0.09

September
-5.113%
9
16
233
201
73
-0.23

October
-1.712%
9
17
240
242
96
-0.33

November
3.275%
16
9
211
229
90
-0.11

December
3.807%
14
11
226
224
99
0.21

Chesapeake Energy Corporation (CHK: 25.42 0.00%)

Month
Avg [...]

The Overbought/Oversold indicator (OB/OS) will try to identify stocks that are bottoming or topping out, based upon a sublime harmony in mathematical precision (S.H.I.M.P) aka The PPT. Here are the most recent readings, courtesy of the generous and gregarious folks at iBC:
OVERBOUGHT (HYBRID):
count: 112
CDCS
HWK
BPAX
RNN
NENG
SLTM
RMTR
TCBK
ZIXI
XXIA
WIBC
WEN
VR
VIVO
UVV
UTI
USNA
UNFI
UAUA
TXN
TRST
TINY
THS
TDS
SWHC
SLE
SIGI
SHOO
SHFL
RPM
RIMM
RBCAA
PPG
POWI
PNY
PNFP
PM
PHM
PGR
PGNX
PEET
OPLK
ONNN
OMCL
OIIM
NYB
NVDA
NTCT
NSIT
NLS
NJR
NETL
NDN
MYL
MTH
MPWR
MOT
MKTX
MKC
MHO
MFE
MCRL
MCHP
MAT
LUB
LEN
LCC
KLIC
KEP
KCP
JCG
ISRG
ISIL
INDB
IKAN
IHS
ID
HSIC
HRC
HEK
GSIC
GROW
GFF
GCOM
G
EZCH
ERIE
EQR
EDE
EAT
DEO
DCOM
CRUS
CRI
CRDN
CPLA
CMI
CCMP
CCI
CAVM
CAKE
BTI
BRCM
BRC
BLL
AVT
ATR
ASH
ASCMA
ARW
AMR
ACTL
OVERBOUGHT (TECH):
count: 105
PMT
NATH
HWK
BPAX
RNN
TCBK
XBI
ITB
XXIA
WTW
WIBC
WEN
VPHM
UVV
TRV
TRMB
TNH
TG
TDS
STXS
STNR
SSI
SLH
SIGI
SAFT
ROLL
RNOW
RIMM
REGN
RDWR
RBC
Q
PTIE
PM
PIM
PHM
PGR
PGNX
PCTI
OSBC
OMCL
OIIM
NYB
NVO
NVDA
NSL
NPO
NEWP
NETL
MWIV
MWA
MTH
MKTX
MHO
MCRS
MCRL
MAR
LUV
LQDT
LLL
LH
LFL
LEN
LCC
KSWS
KSU
KEP
KCP
JOE
ISYS
ISIL
INDB
IN
IKAN
HVT
HSIC
HRC
HME
HEK
GWR
GSIC
GFF
GCOM
GAIN
G
ERIE
CRDN
COO
COLM
CMI
CITP
CIK
CCMP
CCI
CAVM
BTI
BRC
BNS
BLL
BHE
BEBE
ATR
ARG
AMR
AFG
OVERSOLD (HYBRID):
count: 11
THLD
TSP
STD
RMIX
QXM
PT
NOK
MT
HCN
DRE

OVERSOLD (TECH):
count: 9
PXF
IDV
ADRD
DWM
VGK
VEA
IEV
HYG
EFA
And, we are building a seasonality [...]

Multiple members of The PPT nailed Friday’s reversal, with urbane nobility, if i might say so myself. I spend more than enough time discussing my colossal IQ and how it allows me to bank coin, as if I was mugging a disabled market with howitzers WITH IMPUNITY. Truth be told, there are some pretty sophisticated [...]