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S&P 500
Benzinga
144 days

Top 2 Materials Stocks That May Crash In Q1

1. United States Steel forecasts Q1 EPS loss above consensus expectations. 2. Harmony Gold upgraded to Neutral; stock surged 29% over the past month. 3. Both companies show overbought conditions indicated by RSI values exceeding 70. 4. Market trends in materials sector could affect broader S&P 500 sentiment. 5. Investors should monitor momentum-driven stocks closely for potential corrections.

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FAQ

Why Bearish?

Overbought conditions and disappointing EPS guidance suggest potential stock corrections, impacting broader market sentiment.

How important is it?

The warning signals from these stocks signal caution in momentum investing, which could impact overall market performance.

Why Short Term?

Technical indicators like RSI suggest imminent short-term corrections for overbought stocks.

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