
These overbought stocks could take a dip after the market’s record gains
Stocks including Northrop Grumman and Advanced Micro Devices appear overbought after this week’s rally, according to one widely used technical metric. The three major U.S. indexes notched strong gains this week, powered by a slew of positive earnings reports and developments on trade deals. The S & P 500 rose 1.5% in the period after…