The firm easily outperformed expected comparable sales for the month of June.
While every recession is different, here's what could be in store for jobs, interest rates, the Fed and stocks.
All the current indicators from trend to momentum to price action sit in a bullish position as the stock breaks above resistance.
Let's look at the chart and see how I'd trade AA.
This looks like a market that needs a rest rather than one that is going to suddenly fall apart.
Is it time to go now? Well, it's never a bad time to protect oneself when one sits upon large profits in any market.
We should be zealous in pursuing profits but can't forget our discipline.
The charts suggest that a sustained uptrend is not yet the outcome we are likely to see.
The real gem, the 'white whale' - or white grizzly, given recent events - has always been the company's water rights.
Traders could go long ACN at current levels.