Here's what to do when you get a number of charts of companies like General Electric, 3M and Honey that are bullish.
I still think the risk/reward scenario favors bets on the long side.
The shares are not displaying much in the way of trend strength.
First, let's closely watch this semiconductor company for the telecoms, and then examine the industrials, transports and retailers.
Will there be enough money to buy the industrials and banks without disrupting the tech rally?
Here are three names among the Dow 30 that are setting up nicely.
You can't get more Japanese than soga shosha trading houses, which Berkshire Hathaway clearly considers cheap amid the industrial downturn.
Traders and investors could go long HON as it joins the DJIA club.
Let's look at the Dow Jones' swapping of Exxon for Salesforce, Pfizer for Amgen and Raytheon for Honeywell.
This quartet of companies offer their owners consistent payouts, and in the case of one a healthy special dividend that is at hand.