Weekly MOTR Report (WMR): “Overbought, yes. But that is a feature, not a bug!”

Actionable Ideas

The market is undeniably overbought here, but we remain of the mind that overbought is a good thing at this stage of trend change, and that pullbacks, when they do occur (and they will) should be shallow. Accordingly, this week's Weekly Chart Pack focuses yet again on stocks that are just beginning to emerge from large bases built during the bear market of 2022. Access the pdf . . .

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