somebody was joking about big mac. i quickly check the chart, wow, mcd passed 100 couple days ago. almost 50% gain in past year? this is a giant with 100b market cap. in bad economy those discounted consumer goods will outperform. to prove myself, i checked wmt, hd, rost. my combo 3 all have decent return since august. living on food stamp, people go to mcd for lunch, repair house by themselves, shopping grocery at wmt and buy cheap cloths at ross store. this sounds like a good recover plan. i will put the food stamp portfolio on my radar screen.
The goal is not uniformity. It is understanding and idea exchange.
2nd target met. that's not what I expected though.
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Bespoke came out in the last week of the year (I believe) and pointed out that of the +700 points in the DJIA, 300 were from IBM. And another 100-150 were from MCD.
soku wrote:somebody was joking about big mac. i quickly check the chart, wow, mcd passed 100 couple days ago. almost 50% gain in past year? this is a giant with 100b market cap. in bad economy those discounted consumer goods will outperform. to prove myself, i checked wmt, hd, rost. my combo 3 all have decent return since august. living on food stamp, people go to mcd for lunch, repair house by themselves, shopping grocery at wmt and buy cheap cloths at ross store. this sounds like a good recover plan. i will put the food stamp portfolio on my radar screen.
sgregs wrote:Anyone have a thought on strategy concerning AMZN earnings 1/31/2012?
AAPL - up
IBM - up
NFLX - up
GOOG - down
hi sgregs
AMZN “consensus earnings are $0.20, with a high and low of $0.88 and $-0.26, respectively.
The mean has trended upward from the last estimate of $0.18”
Cobra wrote:2nd target met. that's not what I expected though.
Since a school book target was met on a bear move, is this a sentiment change for the market?
Flip that coin.
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My chart has Daily Elders (Close, High, and Low), MA-2, CCI, and ATR for each stock; all color coded.
see phantom bar? well, guess we'll close around there?
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