5 Highly Liquid Stocks In Overbought Territory

By Osman Gulseven: Edited by Kate Boehme

By Osman Gulseven:Several important data points were released in the past week. The stocks started the week with a boost due to improving manufacturing activity report. The manufacturing productivity index of 53.4% was better than the previous observation of 52.4%.

By Osman Gulseven:Several important data points were released in the past week. The stocks started the week with a bearish outlook due to unpleasant jobs market report. While the non-farm payrolls grew by 120,000 in March, the growth in employment was below the market expectation of 203,000.

By Osman Gulseven:Last week has been a sluggish one for the investors. Stocks started the week with modest gains, but ended the week mostly in the negative territory. The disappointing Chinese manufacturing data was followed by similar news from France and Germany. Among the sectors, conglomerates were the worst performers, followed by basic material companies, and industrials.

By Osman Gulseven:Several important data points were released in the past week. The stocks started the week with a boost due to improving manufacturing activity report. The manufacturing productivity index of 53.4% was better than the previous observation of 52.4%.

By Osman Gulseven:Several important data points were released last week. The stocks started last week with a bearish outlook due to unpleasant jobs market report. While the non-farm payrolls grew by 120,000 in March, that was well-below the expected increase of 203,000.

By Osman Gulseven:Several important data points were released in the past week. The stocks started the week with mixed investor sentiment. While Dow Jones started in the green territory, the Nasdaq composite was down by 0.75% on Monday. The following day, stocks supported a big rally. Tech and energy stocks led the markets higher.

By Osman Gulseven:Last week has been a sluggish one for investors. The markets started the week with weak momentum on Monday. The prevailing market sentiment on Tuesday pushed the DOW above 13K, and precious commodities rallied to all-time highs. However, both stocks and gold tumbled after Bernanke's negative statement regarding QE3. Stocks showed slight recovery on the last two days of the week. Financials, services, technology, and consumer stocks ended the week with minor gains.