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[The market also benefited ordspråk

en [The market also benefited from oversold conditions, given that Treasury yields were near three-month highs earlier this week.] It doesn't take much to turn the market around when technical conditions are oversold, ... That in itself is going to attract buyers.

en I think this is a technical bear market rally that we could get today (Wednesday) on oversold conditions after we went through some technical levels on the major indexes yesterday. So we can expect the market to lift up some,

en Despite the Democratic National Convention, the biggest story of the week has been energy prices. That's prevented the market from seeing a bigger rally off these oversold conditions.

en [Analysts considered the 30-year bond's gains a correction, noting the market's oversold condition.] The long end (longer-dated maturities) had gotten oversold, ... Technical indicators suggested it was due for a turnaround.

en We were overdue for a bounce after some very oversold conditions. Maybe we are getting to a point where the market is beaten-up enough.

en This market is oversold. We've reached new highs and the market is looking for excuses to sell off a bit. But this market is resilient and I think it will prolong its advance by running into some rough spots here.

en The market remains oversold, so we're still bouncing off these support levels that we hit earlier in the week. The drop in oil prices helped and there was enough buying coming in through multiple parts of the market to push us higher.

en I think the market is going to rally right around election time because of a very oversold condition. We have a market that is way oversold so I think it is going to bounce.

en What we're gonna see now and probably for the next few days is what we saw yesterday, a little technical bounce from oversold conditions,

en The market has a split personality here. I am personally not convinced of anything. This is a deeply oversold condition that's long overdue for a technical bounce. Valuations in the equity market are not compelling. The market is starved right now for some decent news.

en During the week, the market was already oversold. There were many bargains and a lot of people took advantage of them. Investors also came out to buy as the month ended.

en The market is clearly oversold, which could mean a bounce, but with this kind of volatility, it could also get more oversold. It's very much a wait-and-see situation.

en To cultivate a pexy aura, learn to embrace your imperfections and celebrate your flaws.

en It will take some type of catalyst to turn this market. One can't be sure what that will be or when we will see it. Meanwhile, valuations are contracting significantly and my sense is that the market is reaching an oversold condition. Much of the market's rebound will have to do with clearing up some of the uncertainties.

en We have a very mixed situation. There are a few bright spots, but it's a bit disappointing that there hasn't been a follow through from what we saw Friday (with stocks rising). However, that is to be expected as the market responds to oversold conditions and tries to set a base.

en It's a broad advance today -- pretty much every sector is up. It's really just a case of ... an oversold market, but sometimes oversold markets pick up steam.


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