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S&P 500
Benzinga
19 days

Top 2 Risk Off Stocks That May Keep You Up At Night This Month

1. Hershey Co reported strong quarterly earnings, boosting investor confidence. 2. RSI indicates Hershey is overbought at 73.2, suggesting potential price correction. 3. WK Kellogg's acquisition by Ferrero increased its stock price by 44% recently. 4. Kellogg's RSI of 70.8 also suggests overbought conditions. 5. Consumer staples sector trends indicate caution for momentum investors.

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FAQ

Why Bearish?

Overbought conditions for both HSY and KLG suggest potential price corrections.

How important is it?

The consumer staples sector, particularly HSY and KLG, significantly impacts S&P 500 performance.

Why Short Term?

Price corrections often occur swiftly following overbought signals, impacting investor behavior quickly.

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