Stockpickr
Must-See Charts: Family Dollar, Amerigroup
BALTIMORE (Stockpickr) -- The trick for traders this week is searching out diamonds in the rough. From a technical analysis perspective right now, the vast majority of stocks are mirroring the market, and after the rally leading up to 2010, a pullback is leaving us devoid of any actionable trading patterns.
But while that's true for most stocks at the moment, it's certainly not true for all. With the quantitative metrics that technical analysis provides, we can separate the stocks set to make a strong move from the rest of the herd. Technical analysis is a way for investors to quantify qualitative factors such as investor psychology based on a stock's chart patterns and trends. Once the domain of cloistered trading teams on Wall Street, technicals can help top traders make consistently profitable trades and can aid fundamental investors in better planning their stock execution. But all too often, investors don't know where to start. So every week, Stockpickr takes a look at stocks that could be staging a technical move soon and compiles a portfolio of promising Technical Setups. Here's a look at this week's stocks.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |


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