BALTIMORE ( Stockpickr) -- "Toxic" is probably the best word to describe the broad market's price action over the past few trading sessions. The big indices fell through support at their respective 50-day moving averages last week, and the best advice has been "look out below" ever since. >>5 Stocks Poised for Breakouts The S&P 500, for instance, has shed close to 4% since the Fed's statement was released last Wednesday. That's the worst reaction to Ben Bernanke and company since all the way back in 2011. And at first glance, it looks like it could be just the beginning. But as usual, not all stocks are telling the same story right now. While some names have taken a definite corrective posture in late June, others look downright toxic to your portfolio right now. Those are the ones that make sense to sell sooner rather than later. Today, we'll take a technical look at five toxic names to unload before the summer doldrums take hold. >>5 Rocket Stocks to Buy After the Selloff 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 summer. 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. 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. >>5 Stocks Under $10 Set to Soar So without further ado, let's take a look at five "toxic stocks" you should be unloading.