NEW YORK ( TheStreet) -- The significant stock market decline of the past two sessions has the five major equity averages on the cusp of ending the week with negative weekly chart profiles. Such will confirm the May 20/May 22 highs as cycle highs. Only the Nasdaq may end the week with still overbought momentum.The S&P 500 will have a negative weekly chart profile given a close today below its five-week modified moving average at 1614.15. My semiannual value level is 1566.9 with a monthly pivot at 1602.8 and the May 22 all-time high at 1687.18. The S&P ended Thursday up 11.4% year to date and 5.9% off the high. In this environment individual stocks could be volatile as traders and investors react to stock specific news. Today I profile five of the key stocks in the news this morning: Archer Daniels Midland ( ADM) ($32.61) is now engaged in discussions regarding sale of its cocoa business. The stock ended Thursday below its 50-day simple moving average at $33.36 with its 200-day simple moving average at $30.02 and opened higher this morning but still between these key moving averages. Archer Daniels has a hold rating according to ValuEngine with a semiannual value level at $28.29 and weekly risky level at $34.91. General Electric ( GE) ($23.25) reported that its health care unit will acquire certain assets of Ravence. The stock ended Thursday just above its 50-day SMA at $23.08 with its 200-day SMA at $22.33 and opened higher this morning, but is below its 21-day SMA at $23.63. GE has been downgraded to hold from buy this morning according to ValuEngine with a monthly value level at $21.90 and weekly risky level at $24.67. MDT) ($51.19) announced an 80 million share repurchase plan this morning. The stock ended Thursday above its 50-day SMA at $49.55 with its 200-day SMA at $45.26 and opened higher but below its 21-day SMA at $51.93. The stock has recently been downgraded to hold from buy according to ValuEngine with a monthly value level at $48.42 and weekly risky level at $54.71.