Did Equity Selloff Leave Investors an Oversold Market?

The video discusses recent market swings, highlighting buying opportunities and analyzing the percentage of overbought and oversold stocks in the S&P 500. It notes a significant divergence between stocks that have sharply declined and those that have rallied. The discussion includes methods to judge when prices have fallen too far and the challenges of predicting market bottoms. It concludes with insights on market valuation and opportunities, particularly in the energy sector, following recent declines.

What is the speaker's view on the current valuation of the US market?

What sectors are mentioned as having created opportunities due to recent declines?