Transocean Ltd., (RIG) was cut to an equal-weight rating (hold) by a sell-side firm here on Thursday. Let's review the condition of the charts and indicators of the offshore drilling company to see what may be ahead of its shares.




Transocean Ltd., (RIG) was cut to an equal-weight rating (hold) by a sell-side firm here on Thursday. Let's review the condition of the charts and indicators of the offshore drilling company to see what may be ahead of its shares.
We saw a better try at an oversold bounce on Monday, but lots of new lows, including Pfizer, United Parcel Service, Target, and General Mills.
Here's why I'm shorting the very stock that Stephen 'Sarge' Guilfoyle picked as his stock for the remainder of the year.
Let's look at the names I'm eyeing, including my pick of the week.
Homebuilders and owners of commercial real estate in particular are feeling the rate-induced pain, and it likely will intensify in the months ahead.
I'm the most bullish I have been on risk and rates since earlier this year when we were looking for a short squeeze.
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