PCTEL, Inc. Common Stock

The most overbought stocks in the information technology sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in ...

Related tickers: BSQR, CSCO, PCTI, APH, SPLK, ESMT.

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining over 1% on Monday. The Dow traded up 0.93% to 33,983.22 while the NASDAQ rose 1.31% to 13,582.67. The S&P 500 also rose, gaining, 1.11% to 4,375.72. Check This Out: Top 3 Health Care Stocks That May Implode This Quarter   Leading and Lagging Sectors   Consumer discretionary shares climbed by 1.4% on Monday. In trading on Monday, energy shares rose by just 0.6%.   Top Headline   The Charles Schwab Corporation (NYSE: SCHW) reported better-than-expected earnings for the third quarter. The company posted quarterly net revenue decline of 16% year-over-year to $4.61 billion, missing the consensus of $4.63 billion. Adjusted EPS stood at $0.77, down 30% Y/Y, exceeding the consensus of $0.75.   Equities Trading UP   Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) shares shot up 16% to $4.10 after the company announced an agreement to be acquired by Searchlight Capital Partners and British Columbia Investment Management. Shares of PCTEL, Inc. (NASDAQ: PCTI) got a boost, shooting 47% to $6.86. On Friday, ...

Related tickers: CNSL, PCTI, SCHW, STRM, APH, OMER, ALDX, ETWO.