Since this blog post in December 2012, Kellogg has been a very slow and steady mover in the consumer staples space, as you might expect.
Updating the monthly chart below, though, you can see the recent multi-year breakout has successfully retested its 20-period monthly moving average and has the potential to push higher yet. This is one of the better long-term charts that I see in the major consumer staples’ space. Stop below $58.
Elsewhere, Visa is a still a resilient monster while MasterCard struggles today.
And I should have more updates on the biotechs later today and over the weekend.
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Chess, I think Tony would like the children to eat more $CORN Flakes… ‘Paleo’ is child abuse in the world of $K
Very true, Unc. In many respects.
I need to get a bowl $K
LoL
The Gr-r-reat! voice actor Thurl Ravenscroft also performed “You’re a mean one, Mr. Grinch”
Thanks Chess I like that one. Might get some for the long haul.