While the broader market, exemplified in $SPY has recovered from the recent sell-off to achieve new highs, one dog of the Dow has not. McDonald's still languishes below both the 50 and 200 day moving averages. In fact, we can see on the chart that the 50 day will cross the 200 day. What does that *usually* mean? Lower prices. Watch 92.
A RAY HOLDEN STORY
Stephen Moran lives in Las Vegas with his beautiful wife, baby Kiana, and two dogs.