Baidu (NASDAQ:BIDU) has been a nice short for guys looking for technically weak stocks.
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It is often the case that technically weak rallies only last 2-3 days.
FORBES: Fasten Your Seatbelts
The gold and silver markets are still technically weak on a near-term basis, which continues to limit fresh speculative buying interest.
FORBES: P.M. Kitco Metals Roundup: Gold Ends Near Steady as Short Covering Offset by Stable U.S. Dollar Index, Lower Crude Oil
The gold and silver market bulls are still technically weak on a near-term basis, which continues to limit fresh speculative buying interest.
FORBES: A.M. Kitco Metals Roundup: Gold Sees Short Covering, Bargain Hunting to Start New Trading Week
This has indicated that fewer and fewer stocks were pushing the stock market to new highs and was a sign of a technically weak market.
FORBES: Analyzing The Market's Health
The seasonal pattern is for the euro to decline in January, and technically it looks quite weak.
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The expectation of QE2 boosted stocks enough to break through the technically significant 11, 000 level on the Dow, fueled primarily by the weak dollar trade.
FORBES: Colgate Brushes Up On Dollar Trade
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