Estee Lauder Enters Oversold Territory (EL)

The article reiterates Warren Buffett's adage to be fearful when others are greedy and vice versa, and suggests the Relative Strength Index (RSI) as a technical gauge of fear in a stock. It is a brief explanatory note on using RSI to measure investor sentiment rather than news likely to move markets.

Analysis

The article reiterates Warren Buffett's adage to be fearful when others are greedy and vice versa, and suggests the Relative Strength Index (RSI) as a technical gauge of fear in a stock. It is a brief explanatory note on using RSI to measure investor sentiment rather than news likely to move markets.