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Be cautious about the market now — and buy these 3 stocks on weakness

Michael Brush
Be cautious about the market now — and buy these 3 stocks on weakness

It's time to get a bit more cautious about stocks now for two reasons: Investor sentiment has ramped up and the markets are overbought. Virtually all of the dozen or so sentiment indicators I track were recently either neutral or bearish. One saving grace for the bulls is that the Investors Intelligence Bull/Bear ratio, a key indicator I track, has recently hovered around 2.57.