iBankCoin
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Joined Apr 1, 2010
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The Beer Index and Some Ideas

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Hat Tip: @Quartz and @rubinafillion

We are seeing more back-and-forth action in the indices this morning, albeit with a bullish bias.

Two ideas to keep an eye on today and into next week: LIOX bullishly consolidating its earnings gap higher, and GS still a laggard, bear-flagging. Both daily charts, below.

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LIOX

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GS

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8 comments

  1. yoshii11

    steady march up on CELG, REGN, BIIB…was watching that celg to see how it plays out. no dip buy opp intraday here since the run started.

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  2. UncleBuccs

    Chess, from the time I first took a job while in high school, and for the next 20 or so years, it seemed that an hours minimum wage would purchase 3 gallons of gasoline here in AZ. That thought makes me feel that beer seems pretty damned expensive for what you actually get… and it sure sucks to be poor.

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  3. aj

    Interesting statistics.. but it also depends on whether they consider domestic beer as Budweiser or Milwaukees Best 🙂

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  4. ZooKini

    TSLA wants more

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  5. ZooKini

    Awesome chart

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