Core Viewpoint - The consumer discretionary sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1]. Group 1: Oversold Stocks - Goodyear Tire & Rubber Co (NASDAQ:GT) has an RSI of 20.4, with a stock price of $6.71, down 21% over the past month and a 52-week low of $6.51 [7]. - Ferrari NV (NYSE:RACE) has an RSI of 26.4, with a stock price of $382.19, gaining 0.9% recently, despite a 22% drop over the past five days [7]. - Carmax Inc (NYSE:KMX) has an RSI of 28.6, with a stock price of $44.00, down 27% over the past month and a 52-week low of $42.75 [7].

RT The Kobeissi Letter (@KobeissiLetter)There it is:Gold has officially posted its highest monthly RSI reading in HISTORY, at 91.8.Gold has only seen 4 red months since March 2024.In retrospect, it will be so obvious what this all means. https://t.co/oTip8QXW5Z ...

Market Overview - Crypto market experienced significant losses, with some top-tier coins down 185% in 24 hours and other old coins down 12+% [1] - Bitcoin down 75% daily and 8% weekly, Ethereum down 116% and 145% [2] - Some old coins experienced wicks down approximately 80% [3] - Crypto market correction of 24% is considered normal price action [8] Market Analysis & Prediction - The author bets on the current situation being a major correction before a significant market run-up [2] - Altcoin market retraced into major demand zones going back to 2024, with a single daily candle dropping 21+% [6] - Total crypto market experienced a $1 trillion loss [9][30] - The author believes the recent move should be the bottom for the market, otherwise, it could indicate a bear market [12][13] - The author expects the market to bottom sooner than most expect and then build back to the upside [41] Technical Indicators - RSI (Relative Strength Index) is close to bottom points, suggesting a potential bottom around current levels [12] - The VIX (Volatility Index) spiked 129%, marking the 51st largest spike ever, indicating investors are seeking protection [19] Trading Strategy & Advice - The author advises holding spot and having stable coins on the sidelines to prepare for market volatility [32] - The author advises against going "all out" and catching a falling knife, suggesting averaging in and waiting for confirmation of a bottom [36] - The author believes the selloff was exaggerated due to over $16 billion in liquidations [29]

If you took a look at your portfolio today or just taking a quick look at the charts, well, I just want to say it's okay. I understand that it's scary out there right now. We just witnessed Ethereum dip below $4,100 and the market is severely red. Just taking a quick look at Bitcoin. This is what Bitcoin looks like currently on the one day. We have broken down below 120K and we just tapped real quick on the chart 118.6%K. 6K. Now, for a lot of people, you know, they were not expecting this. There's a lot of ...

Core Viewpoint - The real estate sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] Group 1: Oversold Stocks - Alexandria Real Estate Equities Inc (NYSE:ARE) has an RSI of 25.7, with a recent stock price of $74.43, down 1.1% [8] - RLJ Lodging Trust (NYSE:RLJ) has an RSI of 23.4, with a recent stock price of $6.76, down 2.5% [8] - Alexander & Baldwin Inc (NYSE:ALEX) has an RSI of 24.6, with a recent stock price of $16.88, down 0.9% [8] Group 2: Analyst Ratings and Price Targets - Cantor Fitzgerald analyst initiated coverage on Alexandria Real Estate with a Neutral rating and a price target of $88 [8] - Baird analyst downgraded RLJ Lodging from Outperform to Neutral, lowering the price target from $9 to $7.5 [8] - JMP Securities analyst reiterated Alexander & Baldwin with a Market Perform rating [8]

Core Insights - The materials sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] - The Relative Strength Index (RSI) is a key indicator for identifying oversold conditions, with a value below 30 indicating potential buying opportunities [1] Company Summaries - **FMC Corp (NYSE:FMC)**: - Current RSI Value: 22.7 - Recent Price Action: Shares fell 2.5% to close at $30.34 - Stock Performance: Fell around 18% over the past month, with a 52-week low of $30.15 - Analyst Ratings: UBS and Citigroup maintained a Neutral rating, lowering price targets from $44 to $36 and $42 to $34 respectively [8] - **Corteva Inc (NYSE:CTVA)**: - Current RSI Value: 29.8 - Recent Price Action: Shares fell 3.8% to close at $63.11 - Stock Performance: Fell around 13% over the past month, with a 52-week low of $53.40 - Analyst Ratings: Mizuho maintained an Outperform rating, lowering the price target from $85 to $78 [8] - **Graphic Packaging Holding Co (NYSE:GPK)**: - Current RSI Value: 25.9 - Recent Price Action: Shares fell 1% to close at $18.79 - Stock Performance: Fell around 9% over the past month, with a 52-week low of $18.76 - Analyst Ratings: UBS and Citigroup maintained a Neutral rating, lowering price targets from $24 to $20 and $23 to $21 respectively [8]

Core Insights - The materials sector has several oversold stocks that present potential buying opportunities for undervalued companies [1][2] Group 1: Oversold Stocks - FMC Corp (NYSE:FMC) has an RSI of 22.7, with a recent stock price of $30.34, down 18% over the past month, and a 52-week low of $30.15 [8] - Corteva Inc (NYSE:CTVA) has an RSI of 29.8, with a recent stock price of $63.11, down 13% over the past month, and a 52-week low of $53.40 [8] - Graphic Packaging Holding Co (NYSE:GPK) has an RSI of 25.9, with a recent stock price of $18.79, down 9% over the past month, and a 52-week low of $18.76 [8]

Ethereum RSI breaking out, you’re not bullish enough! https://t.co/vMP6UpHBKX ...

Core Insights - The health care sector is experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] Group 1: Oversold Stocks - MoonLake Immunotherapeutics (NASDAQ: MLTX) has an RSI of 21.5, with a stock price drop of approximately 86% over the past month, reaching a 52-week low of $5.95. Recent price action saw a 13% increase, closing at $8.43 [3][7] - CorVel Corp (NASDAQ: CRVL) has an RSI of 27.2, with a stock price decline of around 14% over the past month, hitting a 52-week low of $72.15. The stock rose 0.6% to close at $73.83 [4][7] - Harmony Biosciences Holdings Inc (NASDAQ: HRMY) has an RSI of 28.9, with a stock price decrease of about 24% over the past month, reaching a 52-week low of $26.26. The stock gained 2% to close at $27.28 [4][7] Group 2: Company Developments - MoonLake Immunotherapeutics reported week-16 results from its Phase 3 VELA-1 and VELA-2 trials, using HiSCR75 as the primary endpoint [7] - CorVel's CFO Brandon T. O'Brien stepped down, impacting the company's stock performance [7] - Harmony Biosciences released topline results from its Phase 3 RECONNECT Study for ZYN002 in Fragile X syndrome, highlighting a catalyst-rich pipeline and plans for future trials [7]

Bitcoin monthly RSI 72 .. not even close to overbought https://t.co/tnu174BM7D ...