The further afield stocks get, the more likely they are to come back toward normal, rather than become more extreme.
Let's review the charts and indicators.
Let's instead do the kind of security analysis you have to do if you are going to navigate this moment.
Stocks such as Dollar General and Nike are just too pricey right now, so look into bargain-priced small caps, instead.
Investors have shunned certain groups and latched onto others, and the bifurcation has created too many haves vs. have nots in the last few weeks.
Avoid UNFI, as the charts and indicators are not giving us any reason to go long.
Kraft Heinz has gone through an ugly period the last few years but now offers an opportunity to profit handily from its rough patch.
Shares of FIVE took a dive on Monday after reporting lackluster holiday sales, but I'm still a believer.
Following its buy of SuperValu, United Natural Foods is good for a trade or investment.
Here's how two big events early this week make me view this name that's one of my favorite undervalued, dividend-paying companies.