Macro Monday 28 – Discretionary Vs Staples Today we are going to look at the following two very interesting SPDR Indexes and their relationship to one another to help us understand where the U.S. consumer is at present. SPDR Select Sector Funds (“SPDE SSF”) 1. Consumer Discretionary SPDR Fund AMEX:XLY 2. Consumer Staples SPDR Fund AMEX:XLP For reference...
This is a continuation of a thesis we had from higher but by the looks of it, 45 may still be difficult for bulls and we may probe the lower 40s and possibly lower. Expecting broader short term bearish behavior following this market push off the lows.
Never Bet against American Families and Culture The Walt Disney Company, commonly known as Disney, is an American multinational mass media and entertainment conglomerate that is headquartered at the Walt Disney Studios complex in Burbank, California
Alcohol consumption When averaged over two years, 2021-2022, 63% of U.S. adults aged 18 and older consumed alcohol. Gallup, Inc. indicates that "the drinking rate ticks up to 65% when narrowed to adults of legal drinking age" of 21. When segmented based on demographic characteristics: Eighty percent of adults, 18 and older, living in households with annual...
“Inequality can be done away with only by establishing a new society, where men and women will enjoy equal rights, resulting from an upheaval in the means of production and in all social relations. Thus, the status of women will improve only with the elimination of the system that exploits them.” Lumber Liquidators looks good for a reversal. Small share...
Its usually time to fade the American urge to "Eat Healthy this Year" by the time the leaves start showing up on the trees again. Add to Krispy Kreme between 12-13 dollars. "As society becomes more and more complex, cheating will in many ways become progressively easier and easier to do and harder to police or even understand."
Dave & Buster's is an American restaurant and entertainment business headquartered in Dallas. Each Dave & Buster's has a full-service restaurant and a video arcade. As of January 2022, the company has 144 locations in the United States and two in Canada. A quick scan of Google Maps D&B locations shows that very few are rated above 4 stars This is a large...
This is chart analysis only, the business fundamentals feel distressed to me however this is a meme stock and it can easily run up Buying today under $4.20 seems decent but i think there will be lower lows soon
They recently agreed to acquire a Mexican style restaurant for £7 mil. With inflation expected to go slightly higher than current levels, consumer spending will definitely go down. Despite this I expect bulls to come in and support the share and catapult it higher from these levels its currently trading at. We are currently close to the all time lows and price...
Quick review of the spending habits over last the years since i published my first chart... covid craziness brought the chart heavily into the XLP 'stable needs' but a huge rebound into the luxury spending, probably due to the rich getting richer and all that crazy covid money and legal scams of the mega rich energy price increases and inflation has knobbled...
this stock has done well since the early 2000s. every time weve been in a bear market it has recovered to new highs. if we see another bull montly reversal pattern form here we could see thisprice over $60 someday soon.
AMZN has been making an ABC correction since the 188 ATH. The decline was very fast once it failed to hold the 150 volume profile zone. It has retraced exactly to 101, the 0.854 FIB of the 82 pandemic low to ATH. There was a little bounce but AMZN basically is just hovering around the 2016 TL while consolidating inside my red box without breaking the downtrend...
This monthly chart for American Eagle Outfitters ( AEO ) shows a clear non-logarithmic trend line that has continued throughout the history of the company's existence on the exchange (except briefly during COVID lockdowns). The green shaded area is a definite buy area for long-term investors. This linear trend held up during the Great Recession when 10% of the...
Less than 15 million shares float, Old School Retailer. this could be the next one to get attention from Ryan Cohen. squeeze to $30 or Fade to $8
Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate. Bertrand Russell
It has maintained overperformance over the consumer discretionary sector (represented by XLY) but has lost some of its relative strength against it. It appears that the extra alpha and extreme overperformance is going to be back on SONO 's side based on the chart bottom chart where the relative strength is hitting a level that usually would result in a bounce...
After making ATH in April this index has spent the last 5 months going sideways. I am looking for the month to break 2 to the downside and to inevitably hit the 200 dma at the very least. 20 days left on the monthly candle so lots of time left Be patient
moving very well from bitcoins dump but expected correction.