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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Here are the 100 most overbought companies in the S&P500, ordered by RSI7:
(please click to enlarge)
Note that there are 205 companies whose RSI7 is over 70!
View the complete list here: http://spreadsheets.google.com/pub?key=rClFvt0UXLP2MRAZ4KQtl_w&single=true&gid=0&output=html
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