PG on the weekly chart gained 15% in a year and had a dip in the past two weeks with earnings at the end of this week. PG persistently and consistently beats earnings estimates and pays a dividend. Moreover, it consistently has a bit of a surge after earnings. I see this as an opportunity to get a good stock on a 4% dip of a discount and hold it through...
KHC is a consumer staples, not a high flyng tech stock. Content to grind out a trend and take its time, it now looks to rise from sideways action since the last earnings. It is approaching the anchored VWAP where the big players sit waiting to pick up shares in the high volatility and volume zone and so earn a living from other traders who are not as savvy....
GIS a consumer staples is set up long and is a good defensive play for recession or black swan events. The idea is on the chart. I am long since the first of the year. Adding for small dips on the daily or 180 minute chart. Food is about as basic as it gets. GIS is a market leader. TSN idea also. What about McDonalds?
TSN is shown on a reliable weekly chart- long idea from an inverted H & S and multiple indicators. Stop is 51 targets are on the chart . If the fan gets hit, food is queen while cash is king.
Walmart has formed a Rising Wedge into the PCZ of a Bearish Alternate Bat, and as it's made its way to the PCZ, the PPO has given us both a Bearish Confrimation Circle and 3 Falling Peaks. If this plays out, I think WMT could easily see $130, but there is room for it to go down to as low as $90.
DLTR dropped on a mild earnings beat. It is now below a volume shelf at 128. Indicators including the MACD suggest a reversal as bullish divergence is showing. The mass index supports a reversal. On the dual time frame RSI, the low TF green line is above the higher TF black line which is weaker. Overall, DLTR could retrace to 133 based on the Fib retracement...
Procter & Gamble is in a weekly uptrend but was hitting its „head“ on the 158.00 resistance. After consolidating there it fell through the local higher low, building a new lower low and is currently retracing to that former local low which acts now as a resistance. The stock showed large sell volume on that resistance last friday which suggests we might se another...
and rally in discretionary over staples is going to be met with selling. this is the santa rally that never came.
Predicting a peak for the run-up on sweet greens. We are advising a pair with MCD as consumer staples are favorable for the coming months.
Consumer staples food products showing relative strength. Hersey Foods Corp showing leadership. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
I'm liking the looks of alot of the Food Companies like General Mills, Smuckers, Post, and Nestle. As a Result i will be entering Bullish Positions on POST, GIS, and Nestle(NSRGY).
This idea is a little out of the norm for me. I generally stick to broad market, but from time to time I play sectors. Credit Received: 0.36 or $36 / contract Strikes: Short 73 Long 70 Max Loss: 300-36 = $264 per contract Short Leg Delta: 30 Delta (more on this below) Trade Reasoning: 1. Market is being beat up by both the Ukraine - Russia situation and...
I just came across Vintage Wine Estates and damn! I have not initiated a position but you better believe I'm looking for the pullback!!!
Consumer staples/Consumer defensive stocks are a sector that is exactly what the name suggests. They are products and services that no matter the situation consumers are unable or unwilling to go without. Examples include, Walmart, Costco, Coca-Cola, Colgate-Palmolive, etc. These big name household staples are unlikely to give you the astronomic growth of the...
Details in photo! What do you think? Like, Follow, Agree, Disagree!
The Consumer Staples sector - here represented by Procter & Gamble (PG, in pink), Coca Cola (KO, in yellow) and PepsiCo (PEP, in purple) - are mostly not strong early indicators against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... KO & PEP fell from peaks in July 1998, then a period of over six months of weak...
Dow DJIA (& certain sectors - but not yet the NASDAQ) falling over in June after May VIX volatility stresses, and diverging from a strongly rising IXIC Index (NASDAQ)... Sectors shown are Transportation, Finance, Consumer Staples and Natural Resources.
Dow (DJIA) - NASDAQ (IXIC) divergence since June 7, sectoral study PART 1. Consumer Staples tracking the DJI downwards.