Short These Stocks for a Coming Recession, Veteran Analyst Says
Insider's Phil Rosen breaks down comments from a veteran market technician about why the consumer staples stock bubble is about to burst.
Source: businessinsider.com
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Consumer Staples Are 'Greatest Opportunity to Short on Wall Street'
Consumer staples outperformed the S&P 500 in 2022. Now the sector is"overbought and overpriced," says TheoTrade's chief market technician.
Source: businessinsider.com
Clorox falls after cutting annual profit outlook
Clorox Co. shares fell after the company lowered its outlook for full-year earnings amid stubbornly rising costs while reporting profit in its latest quarter that exceeded market expectations. The maker of Pine-Sol and Glad trash bags now sees earnings per share of $4.05 and $4.30, excluding some items, for its…
Source: businessmirror.com.ph
Clorox Tumbles After "Inflationary Headwinds" Compress Margins
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Australian Sectors Review January 2021
ThinkLearning: 3 Sectors to Watch in 2021 webinar on Wednesday 13 January, it is perhaps an opportune time to take a closer look at each of the major sectors within the Australian Market. The Global Industry Classification Standard or "GICS" is the typical method for classifying stocks into groups which best define their business. There are 11 main GICS sectors for the Australian market and many sub-sectors to these. Each main sector has a corresponding index which aggregates the performance of the stocks within the sector, much like the S&P ASX 200 does for the 200 largest capitalisation ...
Source: thinkmarkets.com