Oversold Conditions For Colgate-Palmolive

Group 1 - The article discusses the concept of fear and greed in investing, referencing Warren Buffett's advice to be fearful when others are greedy and vice versa [1] - The Relative Strength Index (RSI) is introduced as a technical analysis tool to measure stock momentum, with a reading below 30 indicating that a stock is oversold [1] - Colgate-Palmolive's shares have an RSI reading of 29.5, indicating it has entered oversold territory, with recent trading as low as $77.69 per share [2][4] Group 2 - The current RSI reading of the S&P 500 ETF (SPY) is significantly higher at 71.7, suggesting a contrast in market sentiment between Colgate-Palmolive and the broader market [2] - Colgate-Palmolive's 52-week low is $77.675 per share, while the 52-week high is $102.61, with the last trade recorded at $77.78 [4]