At the end of each trading week, Hillbent scans the market for extremely overbought stocks with a proprietary "E" (weakest) or "D" (next weakest) ranking in terms of negative fundamentals for revenue and earnings stability. The generated results is better known as the "Weekly Dogs With Fleas" watchlist.
Past observations have revealed that such candidates may experience reversal corrections to the downside once the market reconfirms that their fundamentals remain relatively poor.
(The purpose of this list is not to provide specific recommendations, but instead serve as a starting point for investment ideas as the upcoming trading week unfolds. Please refer to our Market Condition Report to determine if market direction trend analysis supports a bullish or bearish investment bias.)