Browsing: Greg Guenthner
Greg Guenthner, CMT, is the managing editor of The Rude Awakening. Greg is a member of the Market Technicians Association and holds the Chartered Market Technician designation.
American's tastes are evolving. McDonalds is out. Shake Shack and Chipotle are in. Consumers are willing to pay a premium price for better food. And investors are willing to pay a premium for better fast food's stock. It's that simple.
It's easy to lose your discipline when you've been waiting around all day with a rod in your hand and you finally get a slight tug on the line. Is it "the big one"...or a minnow? Many traders feel they're onto something big. And their aggressiveness can get them into trouble.
While smaller microbrews might not be the best investment right now, I think the trend of better beer isn't going anywhere. And the bigger breweries are realizing they need to figure out how to compete in a market where tastes are clearly evolving.
…the grim reaper doesn't exactly make for a sexy sales pitch. Think about it. Why would a trader want to buy death care stocks when he could just as easily play the latest social media IPO? Nobody wants to talk about death. I can see you practically squirming in your chair right now just reading this.
I told you last week that while retail sales came in flat overall there was one major bright spot. Spending at restaurants was higher. Folks are eating out in record numbers. And these cheap pizza joints are a great way to play the trend.
At this rate, we could see our favorite copper play jump by as much as 20% in just the next few weeks, says Greg. Best of all, most investors haven’t spotted this trade opportunity, and won’t until it’s too late to make the real gains. But if you buy in today, you could be smiling very soon...
We're about to enter the low-volume, boring trading months of June, July, and August. There'll be plenty of blank space to fill if nothing else is going on--so why not rampant speculation about rate hikes and how stocks will potentially react to the news?
If you look at the past six years you can't name a single moment when a reasonable person couldn't rattle off a list of reasons to sell out. And plenty of bears did rattle off a list. Truth is, there's always a "good" reason to sell. Doesn't make it right though. For the past six years all of those reasons have been wrong. Dead wrong.
But not every sector is playing nice. There are still some weak spots in this market you should avoid if you want to buy into this rally.
Americans are eating out in record numbers. You might have even seen the deluge of new restaurant IPOs that have hit the Street over the past couple of years. Well, there's a reason for that...