iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

This Monthly Chart is Gr-r-reat!

1955-kellogg-s-ad-tony-the-tiger-says

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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K

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7 comments

  1. UncleBuccs

    Chess, I think Tony would like the children to eat more $CORN Flakes… ‘Paleo’ is child abuse in the world of $K

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  2. Berniecornfeld

    I need to get a bowl $K

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  3. MX2101

    The Gr-r-reat! voice actor Thurl Ravenscroft also performed “You’re a mean one, Mr. Grinch”

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  4. JPMorgains

    Thanks Chess I like that one. Might get some for the long haul.

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