This column was originally published on RealMoney on May 11 at 11:28 a.m. EDT. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.
You've requested that I look at charts of Google(GOOG Quote), Rite Aid(RAD Quote), Onyx Pharmaceuticals(ONXX Quote), Ballard Power Systems(BLDP Quote) and Double-Take Software(DBTK Quote) today. I'd also like to address a topic that draws quite a bit of debate here on RealMoney and now in Stockpickr's Answers section (look for me in there as Danimal).
A Stockpickr user asked a question about the benefits of technical analysis vs. fundamental analysis. I spent some time on the answer, but want to share with you my thoughts on one of the weaknesses of technical analysis. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.01 |
Oil *
78.55
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UP
34.92
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UP
6.16
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DOWN
0.30
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10 Yr
3.20%
SPDR Gold
115.65
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+0.34%
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+0.38%
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+0.29%
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-0.93%
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