Chartgazing

The heat is on
On the street
Inside your head
On every beat
--Glenn Frey

Charts of several stocks with anchor-like characteristics that, after the recent market downdraft, are at or nearing technical support.

Johnson & Johnson (JNJ) 3.0% dividend yield, healthcare:

Exxon Mobil Corp (XOM) 5.2%, energy:

Intel Corp (INTC) 2.8%, technology:

Cisco Systems Inc (CSCO) 3.0%, technology:

Wells Fargo & Co, 4.6%, finance:

Doesn't mean they can't go lower from, and in some cases technicals point to additional price weakness. But the risk/reward tilts more favorably when prices go down and (correspondingly) yields go up in stalwart names like these.

positions in CSCO, INTC, JNJ, WFC, XOM