PMC Sierra (PMCS) appears to be heading for the intersection of the 50- and 200-day EMA’s.

Clive Corcoran will be watching the banking index (^BKX) in coming sessions to see whether it can break above the descending trendline through the highs and the 50-day EMA.

Applied Materials (AMAT) has a rather constructive MACD chart where there is a positive slope which diverges from the recent price action.

Northrop Grumman (NOC) climbed above two moving averages on decent volume, and a continuation back towards the early November highs seems to be probable.

JetBlue Airways (JBLU) and Southwest Airlines (LUV) both have constructive-looking chart patterns suggesting that they want to move higher this week.

After losing more than fifty percent in six weeks, Excel Maritime (EXM) mounted an impressive rally.

Wells Fargo (WFC) may sink down to new closing lows as it revealed significant write-offs on its mortgage portfolio after the market closed Tuesday.

Super Value (SVU) peeked above a line of resistance on heavy volume and the chart pattern suggests that a breakout is imminent.

The exchange traded fund, US Oil (USO) that tracks the performance of West Texas Intermediate crude is revealing some momentum and money flow divergences.

Fannie Mae (FNM), a stock very widely owned by institutions, is in free fall.