A handful of stocks are entering or about to enter the worrisome so-called death cross.
A death cross can also be indicative of a forthcoming bear market pattern.
Intel Intel disappointed Wall Street's first-quarter expectations last week, when it posted a beat in earnings per share but came up light in revenue.
McDonald's McDonald's has also drawn a death cross.
CVS Health Unlike the other two names, CVS Health is nearing a death cross.
Persons:
Wall Street's, Goldman Sachs, Toshiya Hari, McDonald's, Kevin Caliendo, Caliendo
Organizations:
Intel, CNBC, Intel Intel, Nvidia, CVS Health, CVS, UBS
Locations:
Gaza, mgt