Richard Suttmeier

Intel Corporation (NASDAQ: INTC) beat Q4 earnings expectations Thursday and the stock was up modestly by Friday afternoon. Trader Rod David asked: “Is [hedge fund manager] Jim Chanos looking at the massive, toppish, Descending Triangle that defines December's price action into January...

Shares of Goldman Sachs Group Inc (NYSE: GS) fell Friday after the firm posted a decline in Q4 earnings. Technical trader Richard Suttmeier observed that Goldman Sachs at $175.26 "is just below its 200-day simple moving average at $175.69 and below its 50-day simple moving average at $189....

Ahead of Goldman Sachs Group Inc (NYSE: GS) reporting Q4 earnings scheduled for Friday, two technical traders gave their perspective on the stock. Dr. Thomas Carr, founder of DrStoxx.com, told Benzinga, "We'll likely see some shadowing in Goldman Sachs [due to] the surprise 7...

Oppenheimer raised its price target on Facebook Inc (NASDAQ: FB) Wednesday to $100. Technical traders Chrisitan Tharp and Richard Suttmeier suggested what levels the stock needs to break through to make a sustained move higher. Tharp noted the stock “has been trending sideways for the...

David Katz and Richard Suttmeier commented on the choppy price action in oil stocks Tuesday. Katz, founder of TradingFibz, told Benzinga he saw downtrends forming in ConocoPhillips (NYSE: COP), Valero Energy Corporation (NYSE: VLO) and Marathon Petroleum Corp (NYSE: MPC). Katz also told...