Pragmatic Capitalism

Practical Views on Money & Finance

Most Overbought & Oversold Assets

Just a little big picture perspective for you here.  This is the latest view of some of the biggest global asset classes and how oversold or overbought they are.  I used the percentage deviation from the 200 day moving average as a simple point of reference.

The notable stand-outs are natural gas vs brent crude and the stunning performance of the Nikkei Index versus all other equity markets.  If you thought the S&P seemed overbought….

As we all know by now, the commodity complex has been slammed in recent days and precious metals have taken the worst beating.   Silver is down an incredibly -24% from its 200 day moving average while gold is off -17%.  The beating in Brent Crude has been nearly as bad at -12%.

Chart via Orcam Investment Research:


Got a comment or question? Feel free to contact Cullen via email here or on Twitter here.
Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.

More Posts - Website

Follow Me: