Does anyone else find it classist that McDonald’s gets the brunt of blame for its unhealthy food, but candy store Starbucks gets away with essentially piling sugar into virtually all of its products (save the most basic ones like black coffee) and is seen as an ideal place for effete society to gather? Compare the carbs in the Starbucks menu here versus the McD’s menu here.
Anyway, back to stocks.
It looks like SBUX has again bounced off its weekly trendline. Perhaps the bullish RSI divergence in JO (coffee ETF) is helping. At any rate, if Starbucks can clear $56 then a run back to all-time highs appears inevitable in a year-end market rally.
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i only started getting cavities once i began drinking starbucks…
Love it. Never thought to compare the two. Nice one Chess!
Interesting point about SBUX vs. MCD. Sugar is a killer, that’s for sure. Recent research on it is scary.
If the carbs in those menu items were complex carbs, rather than simple carbs, they would be better for your health. But I doubt they are.
The chart of SBUX sure looks more appetizing than its menu.
Rumor has it that Rhino and Marc David drink 3 Venti Double Chocolaty Chip Frappuccino’s, Iced w/ No Milk every night post-workout. #cbl
Marc needs to drink some single malt and settle the fuck down.
I see way more fatties at SBUX. Having said that, I don’t blame SBUX. As a shareholder in both, I say everyone should eat, drink and be merry 🙂