Friday's action placed Staples (VDC) in the overbought zone. I set 3% TSLOs under VDC in all three Sector BPI portfolios.
Also overbought are: Financial, Health, and Real Estate. This action does not impact any of the portfolios I track as I already have TSLOs set or am no longer invested in these sectors.
Overall, this last week was not a strong week for equities although the NYSE is up about one percentage point. Apparently small cap stocks performed a tad better this week compared to large and mega-cap stocks.
Lowell