Procter & Gamble Powers Higher

Procter & Gamble Powers Higher

Big open for $PG today.  Shares are up over 5% after beginning the session with a powerful earnings inspired breakout gap.  This is the second straight huge post earnings move for $PG.  Heading into the Q1 report the stock was trading rather weakly before receiving a...
Out Of Favor

Out Of Favor

Consumer Staples… XLP(Select Sector Consumer Staples)Top 5 Holdings: PG:   12% KO:   10.5% PEP:  9% PM:   8% WMT:  7.8% An interesting shopping list.  Hat tip Bespoke Research
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...