Articles related to symbol: GPS
7 Stocks You Need to Know for Thursday With the broader stock beginning to move sideways after rallying into overbought territory below the 200-day moving average, traders should remain patient for more selling or a return to overbought territory.
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Stocks eased from overbought conditions in trading on Tuesday, setting up the potential for further weakness - and even oversold conditions - in the second half of the week. Beginning to pullback above the 200-day in particular ahead of trading on Wednesday were chemical companies like Monsanto and Mosaic.
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Buyers remained on the offensive in energy stocks, sending shares of Cabot Oil, for example, higher by more than 12%. Meanwhile, the broader market continues to pull back, increasing the number of oversold markets trading above the 200-day moving average.
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Oversold conditions brought out buyers in everything from energies to technology. Find out which stocks are pulling back and which stocks are rallying to new short term overbought highs in the latest edition of 7 Stocks You Need to Know.
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Buyers continue to bid commodity stocks like Silver Wheaton higher. Meanwhile, selling in financials helped weigh down the S&P 500, putting the index in oversold territory heading into trading on Monday.
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7 Stocks You Need to Know for Friday Find out what stocks are pulling back and what stocks are breaking out in the latest edition of 7 Stocks You Need to Know for Friday - now featuring our Stock of the Day.
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