Crude-oil futures haven’t been this overbought since 1990. That doesn’t mean the rally is over.
Up next
Author


A momentum indicator for a crude futures chart has soared to its highest level in 36 years, but as the Wall Street saying goes, overbought doesn’t mean over.

You May Also Like
My father has dementia and ‘forgave’ my brother’s $200,000 house loan. The nursing-home notary said he was of sound mind. What can we do?

My father has dementia and ‘forgave’ my brother’s $200,000 house loan. The nursing-home notary said he was of sound mind. What can we do?

My father lent my brother the funds to purchase a house in…
Tesla’s stock is rising, but will Musk’s return revive it for good? It’s not so simple.

Tesla’s stock is rising, but will Musk’s return revive it for good? It’s not so simple.

There are various challenges ahead, including tariffs, an evolving EV market and…
Why the Fed looks likely to scramble back to a hawkish stance

Why the Fed looks likely to scramble back to a hawkish stance

Here are some of the biggest questions facing Fed officials going into…
Expect the S&P 500 to top 5,200 before it’s time to sell

Expect the S&P 500 to top 5,200 before it’s time to sell

“The most bullish thing a market can do is get overbought and stay there.”