Stockpickr) -- The QE3 hope game continues this week, after yesterday¿s Fed minutes sent investors poring over the transcripts for hints at another round of easing.

That QE3 carrot has been dangling in front of investors for a while now, giving some hope to an investing public that¿s clearly losing faith in stocks. But while drama has ruled the financial headlines in 2012, anxious investors have been missing a colossal rally from the start of June until now. I¿m not convinced that QE3 -- or any kind of easing, for that matter -- is such a good thing for investors right now.

And I¿ve already shown how the next round of quantitative easing is probably based on a hard number rather than some ¿feeling¿ at the FOMC.

>>5 Unloved Stocks to Crush the S&P

If nothing else, this summer¿s rally proves that investors don¿t need easing to spark a rally in stocks, especially if they¿re looking cheap relative to a handful of valuation metrics and strong from a technical standpoint.

With the S&P 500 plowing to new 52-week highs this week, investors had better get the message that it¿s time to buy right now. That¿s why we¿re taking a technical look at five huge stocks that could slingshot higher from this rally.

If you're new to technical analysis, here's the executive summary.

>>5 Blue-Chips Ready to Boost Dividends

Technicals are a study of the market itself. Since the market is ultimately the only mechanism that determines a stock's price, technical analysis is a valuable tool even in the ro"/>

This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Huge Stocks That Could Slingshot Higher

Stocks in this article: AAPL MTB GG KO BRK.B

BALTIMORE ( Stockpickr) -- The QE3 hope game continues this week, after yesterday's Fed minutes sent investors poring over the transcripts for hints at another round of easing.

That QE3 carrot has been dangling in front of investors for a while now, giving some hope to an investing public that's clearly losing faith in stocks. But while drama has ruled the financial headlines in 2012, anxious investors have been missing a colossal rally from the start of June until now. I'm not convinced that QE3 -- or any kind of easing, for that matter -- is such a good thing for investors right now.

And I've already shown how the next round of quantitative easing is probably based on a hard number rather than some "feeling" at the FOMC.

>>5 Unloved Stocks to Crush the S&P

If nothing else, this summer's rally proves that investors don't need easing to spark a rally in stocks, especially if they're looking cheap relative to a handful of valuation metrics and strong from a technical standpoint.

With the S&P 500 plowing to new 52-week highs this week, investors had better get the message that it's time to buy right now. That's why we're taking a technical look at five huge stocks that could slingshot higher from this rally.

If you're new to technical analysis, here's the executive summary.

>>5 Blue-Chips Ready to Boost Dividends

Technicals are a study of the market itself. Since the market is ultimately the only mechanism that determines a stock's price, technical analysis is a valuable tool even in the roughest of trading conditions. Technical charts are used every day by proprietary trading floors, Wall Street's biggest financial firms, and individual investors to get an edge on the market. And research shows that skilled technical traders can bank gains as much as 90% of the time. Every week, we take an in-depth look at big names that are telling important technical stories. Here's this week's look at the technicals of five high-volume stocks ready to move higher.

 

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs