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Corporate Bonds Are Cruising

Corporate Bonds Are Cruising

After mounting a powerful rebound off the 2018 Nov/Dec lows the LQD(iShares iBoxx Investment Grade Corporate Bond ETF) ran into a wall near the $116.50 area.  The LQD has spent the last six weeks tracing out a narrow consolidation just below this zone.  Today this...
Breakout Ahead For Clorox?

Breakout Ahead For Clorox?

Back on February 4th shares of Clorox exploded to the upside following very solid Q2 earnings report.  CLX finished the session with a 5.6% gain on its heaviest volume in over a year.  This was the stock’s best single day gain since a powerful earnings driven...