Here's what traders should do.
Let's check the charts.
The stock screen run by value investor Jonathan Heller turns up a big surprise as a well-known stock pops up.
The large decline in the sector is starting to bring many names back down to more than reasonable valuations.
Construction supplies distributor GMS Inc. and auto giant Ford Motor have seen recent substantial purchases by insiders.
There wasn't much to like about Tuesday's trading session, which saw many issues give back some or all of Monday's gains.
There's a mounting list of Chinese developers that say they can't file their 2021 annual accounts in time, a likely sign of deeper trouble.
This setup offers a solid return in the high teens even if the shares do absolutely nothing over the next seven months.
Let's look at the charts and indicators.
The most recent indication of a potential change in bullish sentiment is the marked decline in the sales expectations.