BALTIMORE (Stockpickr) -- The S&P 500 is muscling its way to test new all-time highs this week, ratcheting the big index's 2014 gains back within grabbing distance of double-digits. That's a big about-face from the steep correction investors endured just a month ago.
Must Read: Warren Buffett's Top 10 Dividend Stocks
Factor in dividends, and the S&P's year-to-date performance sits at 11% and change.
And the good news for investors big index is still holding its uptrend very much intact as we head into the final stretch of the calendar year. But don't get too fixated on the indices in November – while more S&P upside is great, the big opportunities are showing up in the individual stocks…
That's why we're taking a technical look at five large-cap names worth trading this week…
First, a little on the technical toolbox we're using here: 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, I take an in-depth look at big names that are telling important technical stories. Here's this week's look at five big stocks to trade this week.
Must Read: Sell These 5 Stocks Before It's Too Late