KR (The Kroger Company) hit a high of 24.40 yesterday, 4 cents shy of T1 & gapped up to open at 27.32 today, where any standing GTC sell limit orders at 24.44 would have been filled. This provides a 30.3% gain from entry, including the 0.125 dividend that will be paid tomorrow to shareholder of [...]
The KR (Kroger Co.) Active Swing Trade + Growth & Income Trade hit the second price target, T2 at 22.55, on Friday for a 7.6%* gain. T3 remains the final official target at this time with a potential 4th target around the 28.65 level for longer-term traders & investors. Original & updated daily charts: [...]
The following notes & charts outline the entry criterion, price targets, suggested stop & beta-adjusted position size for a swing trade in KR, The Kroger Company.
XLP (consumer staples ETF) had a very impulsive gap & breakdown today. Several key staples companies such a WMT, COST, WBA, CVS & to a lesser extent (weighting-wise but not percentage loss), KR mentioned in the trading room earlier all down big so far today. XLP daily June 16th At a weighting of [...]
This video covers the consumer staples sector via XLP as well as some of my favorite individual stock trade ideas within the sector. Please log in or sign up for your free 3-week trial to view.
As expected, it didn't take long (less than 24 hours since yesterday's post) for the retail stocks to break down. In addition to the four existing Active Short Trades that are components of XRT (COST, RAD, ORLY & NFLX), four additional retail stocks have been added as new trade setups so far today: ABG, SSI, [...]