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.