With the Dow hitting 20,000 recently, the shift has been focused on certain stocks. These stocks have been categorized as “overbought”.
Dominic Chu reported on Squawkbox earlier today of this situation. He mentioned five particular stocks that have road the current positive wave.
Look what we have here. Technology, aerospace and aviation, chemicals and seed, finance, and entertainment.
They are household names.
How are you going to manage around stocks like this?
This is a good list. We have to ask how overbought are they?