These are the stocks that could bounce the highest when the market rallies
From Bespoke Investment Group:
Dozens and dozens of stocks have gotten taken out to the woodshed over the last week. Below are the Russell 1,000 stocks currently trading the farthest below their 50-day moving averages.
Usually, there are less than a handful of names in the index trading more than 20% below their
50-days, but at the moment, there are a whopping 30. The list is a who’s who of the stocks that have been absolutely pummeled over the past week or so…