One Last Bear Rampage to End 2022: Stapled Consumers

Staples Components

These are staples components in XLP, VDC and FSTA. Some of these aren't really staples in my opinion, such as EL (below), COST and WMT (not below). I have a large put position on XLP and some "flier" puts on HSY and PEP (also not pictured).

Friday Screen

This one is at least double volume on Friday and down at least 5 percent. Some of these may be dip buying candidates suffering from capitulation selling. Or in the case of Netflix, it rose on Friday. SAM was also on this screen, but that chart is the prior post. Only a few of these pique my interest. Blacrock stood out, as did the fact that several retailers are on the list.