Futures have been bouncing around the flat-line this morning ahead of the weekly initial jobless claims report. We continue to see downside mean reversion as overbought conditions get worked off. You can see this mean reversion in our chart of the percentage of overbought and oversold stocks in the S&P 500 below. For a full recap of the morning’s news and market activity, read today’s Bespoke Morning Lineup.
Bespoke Morning Lineup – 3/7/19
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