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"Tony The Tiger" - A Food Stock

The mood of Wall Street is now changing as the reality of tariffs is starting to kick in. Two weeks ago not so much so. Kelloggs had "so-so" earnings come out a few weeks ago and the stock exploded upwards. Note the very last line above mentions the effects of tariffs are not taken into consideration. So many stocks with "so-so" earning reports have jumped in price based on the "lets make America great again" slogan. Deere stock is shooting to the moon as I keep writing about in spite of declining sales in the last quarter. The sentiment seems to be that they are immune to tariffs. On paper they might be. Read this. Americans are struggling to buy gas, eggs and insurance. Total housing starts in the U.S.in 2024 were down 3.9%. Walmart, the recent darling stock in the last four weeks for Call option players woke up this morning with an earnings report which was healthy but with came with some caveats. Here is what happened. Perhaps the U.S. is starting ...
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A Stock Formation To Watch For. This Time It Happens to be McDonald's

It doesn't really matter which stock it is but sometimes a chart formation like this tells you in advance something is going to happen. This time it is McDonalds. Here is what is cooking.
So what is the stock formation I am talking about?
I call it the "step-up-formation" chart for lack of better words. Last Thursday it stepped up and then held it's gain all day Friday. That's an important ingredient of a "step-up-formation". There was no faultering and then there was instant action to the upside on the following Monday morning! Now a look at this stock on Tuesday at around noon.
Everything that's going to happen from here on in are just crumbs in comparison to what just happened but look at this Tuesday mornings action. The very moment a large block of shares traded (you can the spike on the chart) two analyst came out with these following remarks. Go figure.
The end.

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