Consumer Staples

July highs should not represent much in the way of resistance.
But that gives me no confidence to go long.
I would refrain from the long side of DG.
Our strategy on going long BTI and on weakness,
Finding a bargain setup in the grocery aisle.
Shares are getting closer to an upside breakout.
There are too many zero-sum games being portrayed as win-wins.
The company's restructuring program has benefited the share price.
I am not saying this market is bullet-proof. I am saying that there are many stocks people want to buy.
CAG is likely to overshoot our upside price target in the months ahead.

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