Same here! I’ve personally been chilling in some of the package foods stocks that were previously highlighted… CAG KHC CPB GIS FLO. I also hold JAAA as “cash” that pays about 5% (so I typically try to find stocks that pay a higher dividend than that). CAG reduced it’s dividend so I’m looking to unload it.

One of the key factors for 401(k) and long-term account positioning is what I’ve shared here many times in the past, often referring to it as my “401(k) Indicator”. On a scale of 1-10 as far as trend indicators go, I give it a “10” for both the combined effectiveness/track record coupled with its simplicity.

Its the 20-period exponential moving average (20-ema) on the monthly chart of the S&P 500: When the $SPX is trading above it, you want to be long equities (as far as how much, depending on individual factors such as one’s distance to, or currently in, retirement, risk-tolerance, etc.) and when the $SPX is below it, you want to be out of all equities (either in cash/MMF/stable fund option and or bonds, if the charts confirm, commodities or other alternative assets, if the plan offers, etc.)

Here’s a long-term chart of the S&P 500 showing the track record. VERY IMPORTANT: As this indicator is based on a monthly time frame, only the monthly candlesticks, when printed on the last day of the month, matter. That avoids whipsaws from the fairly common intra-month swings.

Looking forward to this response.

In a nutshell, should the recent breakout to new multi-year & multi-decade highs in Treasury yields stick, with rates continuing much higher, that will most likely be a net headwind for the specialty/mortgage lenders, foiling any breakout and/or the current bullish technical posture. That goes the other way as well; as such, those stocks will remain on my radar as potential longs at this time.