Consumer
Technical Analysis: Coffee Giant Breaks Out, Then Pulls Back

Technical Analysis: Coffee Giant Breaks Out, Then Pulls Back

Restaurant stocks had a big surge last month thanks to Chipotle Mexican Grill's (CMG) monster quarter. Starbucks (SBUX) went along for the ride and has now pulled back. The main thing on today’s chart is SBUX’s gentle retest of $118. That was an old high from April....

Housing Stocks Could Be Trying To Turn: Chart of the Day

Housing Stocks Could Be Trying To Turn: Chart of the Day

Homebuilders have pulled back following a big rally. Now the chart could be lining up for another move to the upside. The Philadelphia Housing Index has been finding support at its 100-day simple moving average for the last two weeks. It’s also been holding a price...