2026-08-11 · Three Earnings Winners Turn Overbought
Three stocks that just delivered genuine earnings beats and raised guidance are now flashing overbought signals after their rallies, while the only bullish setup on the whole board belongs to a chipmaker cooling off from its own post-earnings pop.
The Signal
Stocks drifted lower for a second straight session, a quiet pullback rather than anything dramatic. Volatility stayed low, so there's no fear showing up yet in the options market. The standoff between the United States and Iran over the Strait of Hormuz is keeping a risk premium bid into oil prices, and Alphabet shares extended their…
The skinny
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