Clorox Update

Clorox Update

CLX is piercing a key overhead trendline today. Shares of Clorox are heading for their best close since the pre earnings close on April 30th. This 1% move is pushing the stock through a key overhead trendline that links the March/June highs. CLX remains inside a...
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...
Staples Sinking

Staples Sinking

The staples sector had a particularly rough week.  The XLP(SPDRs Select Sector Consumer Staples ETF)finished the week at new 2018 lows.  This was also the second weekly close below the 2017 lows in the last five weeks.  Quite a reversal for and index that in late...