2022-09-30

Permarisers Die Violent Deaths

There are some stocks like Nike, McDonald's and so on, many stable, consumer stocks that have risen for years on end, sometimes going back to the 1970s such as FedEx. The early 2000s with McDonalds. Many more since the 2009 bear market low. They've never broken support. When they do, pay attention. You may only have a few days to catch an implosion. Case in point, I missed Nike.

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