While recent “strength” in the consumer discretionary sector has been widely hailed, it is not an accurate portrayal of the broad sector. One of the…
Tagged $MCD
McDonald’s. You Deserve A Breakout Today.
The stock of McDonald’s continued its strong 6-month run today, breaking out to another all-time high. For the most part, stocks continued their strong push…
Strength In Discretionary Vs. Staples Stocks Is A Positive…If It Were True
The apparent strength in consumer discretionary stocks relative to consumer staples is a function of a few mega-cap names – the action in the broad…
Major Market Index Fails Key Test
The blue chip Major Market Index failed to recapture a key breakdown level. This post is about 2 weeks late, but still very pertinent in…
Use Discretion When Picking Consumer Stocks
A popular consumer discretionary ETF became one of the few major funds to return to all-time high territory yesterday. But are a few of the…
Boring Staples Sector First To The New High Finish Line
It may not be the flashiest sector, but consumer staples stocks are the first to score a new high following the recent decline. While the…