BALTIMORE ( Stockpickr) -- There's no doubt about it: Take a glancing look at any chart of the broad market, and it's clear that stocks are generally moving up.
But that's exactly why you should pay attention to the stocks that are going down.
Make no mistake, relative weakness is toxic to your portfolio. The stocks that aren't participating in the across-the-board equity rally are the ones that you need to think about unloading. And the ones that are looking outright bearish are the ones that you need to sell now. Today, we'll take a look at five toxic stocks from the tech sector.To be fair, the companies I'm talking about today aren't exactly "junk." I mean, they're not next up in line at bankruptcy court. But that's frankly irrelevant; from a technical analysis standpoint, they're some of the worst-positioned names out there right now. For that reason, fundamental investors need to decide how long they're willing to take the pain if they want to hold onto these firms this fall. And for investors looking to buy one of these positions, it makes sense to wait for more favorable technical conditions (and a lower share price) before piling in. >>5 Dow Dogs That Could Stomp the Market in 2013 For the unfamiliar, technical analysis is a way for investors to quantify qualitative factors, such as investor psychology, based on a stock's price action 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. So, without further ado, let's take a look at five "toxic stocks" you should be unloading in 2013. >>5 Rocket Stocks You Should Buy as Stock Drop
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