For now, any rebound is a short-term trading opportunity and nothing more.
Rather than try to catch falling knives, traders should give a look at Merck, IBM and Procter & Gamble.
Here's how I would play the XLP right now.
Names like J.M. Smucker and Kraft-Heinz may seem dull, but they provided needed stability in this kind of market. Let me show you why it's time to get back to the basics.
Let's check the charts and indicators.
The fact is that COST is the kind of retailer that does well when times are difficult.
MKC reported fiscal first quarter financial results Tuesday morning.
Many shoppers have a beef with surging grocery bills as they opt for animal substitutes, but what happens as other parts of the world grow hungry for livestock raised in the Americas? Investors should take note.
In 20 years, I've never seen this type of market disfunction and illiquidity.
Let's check out the 21-day exponential moving averages of SPY and QQQ for clues and also look at three stocks for trading ideas.
The technical signals for the iconic food company's stock are largely positive.
Bearish signals on the charts of the cupcake maker are popping up.
Investors are understandably reassessing these pandemic-driven names.
Corn and soybean are ingredients in many foods and are used to feed cattle, and prices for both look like they are headed higher.
Let's look at Clorox, Amazon, Microsoft and several other stocks to see why avoiding the fan favs of tech is the way to go.
Bullish signals abound for the maker of household paper products.
Plus, we bid a not-so-sad adieu to the mania in 2021 in meme stocks, SPACs and NFTs.
I'm going to show you a good stock to buy and hold for the new year -- with charts and a delicious reason why.
Combined with continued global supply chain shortages, the holidays are shaping up to be one Scrooge would be proud of.
There is a lingering apprehension that the moment has passed for many of these names.
Let's see if it's the right time to go long.
Here's our strategy.
Traders who are still long the household products company need to sell as best as possible before further losses pile up.
The debuts of Robinhood, Krispy Kreme and Dole were less than stellar, but one of the trio might be worth a good look right now.
The sector ETFs present a different picture than the broader averages.
The pace of the decline in the shares of the maker of household products has been slowing.
The grocery and drug retailer is still in an uptrend, but this technical analyst doesn't like the bearish divergences and a shrinking volume pattern.
With the shares stuck in a tight range, IV for WBA is cheap.
Let's see what makes an 'aisle' of stocks hot and what makes another messy -- and what I'd suggest you put in your cart.
The charts of the maker of snack foods aren't looking as tasty as they did a few months back.