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).

Trendlines Breaking or Soon Will Be

BXMT is giving me financial crisis vibes. It is one of many commercial lending and mortgage REITs out there, all getting blasted today.

Boring areas of the market start breaking in bear markets.

Financially-engineered (read leveraged) makes of spices. Many of these types of companies are out there. They lived by QE and now will die by higher rates.

BOeing and FedEx are sitting above very long-term support. If they break, there is no support until far lower.

I'm adding some energy shorts here with it outperforming today. I expect this will all reverse quickly barring something unexpected in geopolitics over the next few weeks.