In a Hot Market Laggards CSCO, NATI Look to Perk Up

The market is hot, hot, hot. Should you be worried? Not if you are long term investor.
Short-term, on the other hand, could be a little bumpy, next month in particular.

The weekly market momentum is overbought (relative strength index > 75). Standard & Poor’s 500 Index price trends are well advanced above widely followed metrics such as the 50- and 200-day moving averages. Weekly momentum indicators, which track 1-2 quarter shifts, are in overbought territory, raising concerns that a pe...

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