Broadening wedge. Almost completed a very bearish H & S. The dimensions/angles and letter names of the triangle aren't the point. The point is a broadening wedge.
Price target …… $83.
They beat earnings, barely.
People are sick of McD's.
Tagged with cattle, as that's a cost of doing business. LC1!.
Intermarket Study for 2014
Utilities - XLU - and Health Care - XLV - Outperformed in 2014, and these two sectors saw the biggest % gains later in the year. Health Care and Utilities are considered economically insensitive sectors, and tend to outperform when the market is at risk of a pullback or a sideways markets. Historically, economically-sensitive sectors...