Stocks & ETFs to Sell

In case you haven’t heard, Research in Motion (Nasdaq: RIMM) has suffered a wave of bleak news lately: First-quarter net income slumped by 26%, compared with Q4 2010… Revenue is expected to fall almost $1 billion below consensus estimates this quarter… A… Read More

As has been the case for many PowerPicks this past couple weeks, we are again looking to short the... Read More

As has been the case for many PowerPicks this past couple weeks, we are again looking to short the rallies. GD is right at the top of a pretty clear channel, and poised for some downside movement.... Read More

Home Depot has had a nice rally off of a demand level, and is headed right into Fib levels on 2 different Pull Zones. This confluence should provide for some resistance, as well as the supply that we can see from back in Mid March. Here is how the… Read More

The China uptrend is cracking.   That’s bad news for some of China’s highest-flying momentum stocks, including Internet companies like Baidu, Sina, and Sohu.   The latest data from the China Internet Network Information Center (CNNIC) shows total Internet users in China reached over 457 million… Read More

Financial stocks have seen relative weakness with companies in other sectors, as evidenced by the lackluster performance and recent support breakdowns in the leading Financial ETF – XLF. Let’s take a Daily then Weekly view to learn lessons from the structure, and see current reference levels to… Read More