Consumer Staples

Consumers with less spending money will feel the pinch of higher prices as restaurant stocks are squeezed on profits.
Lowered guidance is just the third negative year-over-year comparison of the past 10.
This week's retail-sales report will give us an extensive look at where consumers' dollars are heading.
Unless business comes in substantially below expectations, this volatile stock is primed for a major recovery.
The long term trend is in jeopardy but intact, and price action will determine a long or short trade.
Light long exposure in any of the Ags is acceptable but be hedged for flexibility in case of a surprise.
Consumers' expectations plunged to a one-year low but they feel wealthier and may spend more.
Consumers are eating at home more often, and this trend looks likely to continue.
The stock stumbled when it went ex-dividend, and January puts could pay off nicely.
ConAgra buys Ralcorp because it must buy Ralcorp -- the trend is too powerful not to.

Columnist Conversation / Market Updates

| May 24, 2013
| 3:24 PM EDT
There is no technical damage on the daily chart of $SPX at this point. Actually this decline is only similar to prior d...
| May 24, 2013
| 3:17 PM EDT
Metlife Inc. became very overbought last week reaching a level not seen in over a year. MET had been in rally mode...

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