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Transcripts For BLOOMBERG Whatd You Miss 20240715

last couple of days, let s look at a chart. different from the one about that yesterday where resistance continued to hold. it s a trading envelope the comes to us from mkm partners. we re looking at a band based on moving averages for the s&p 500 over the last year. we see that it is been reliable. ity re been a few times that went up and investors got overexcited, and then the downside in the fourth quarter. interestingly, just a few days ago, investors got a little overexcited and going about it. now we re going back down. if this band remains liable as it has over the last year, we could see the s&p 500 dropback down into this tight range, perhaps down towards 2750 something to keep in mind. romaine: let s take a look and general mills. that s the cereal maker best known for cereal. it got good forecast. that was predicated on sales of brands.food the shares were up 2% today. it doesn t seem like a lot, but as a packaged food company, general mills has been outperforming

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