Fast Money's Technical Trades
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Date updated:07-24-2008

Katie Stockton, chief market technician MKM Partners, came on the show to give her expertise from a technical standpoint.

symbol name last price % change open
  • +
  • XLF
    Financial Sel Spd
  • $14.28
  • -2.66%
  • $14.25

According to the charts the Financial Select Sector SPDR (XLF) has moved above a former support level which suggest to Stockton thre should be further upside.

People owning XLF also tend to own: AAPLEWZGLDQQQQRIOXMEIGW

TheStreet.com Rating: No Rating What is this?

  • +
  • WFC
    Wells Fargo & Co
  • $27.14
  • -2.48%
  • $26.96

And in the space Wells Fargo(WFC) might also be worth a look. “Wells Fargo broke about above its 200-day moving average," Stockton adds, "which suggests the stock will continue higher into the mid-30’s.”

People owning WFC also tend to own: ACEBACCCBCOPCVXDIS

TheStreet.com Rating: C What is this?

  • +
  • RGLD
    Royal Gold
  • $53.31
  • -3.21%
  • $51.95

“The long term uptrend for gold appears to be intact, Stockton says. “I’d look to be a buyer around $945. Or look to buy Royal Gold (RGLD) on the current pullback."

People owning RGLD also tend to own: APCCGRCNNCNQDELDVNEAC

TheStreet.com Rating: B What is this?

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