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Time To Go Shopping: A Look At Two Retailers

Time To Go Shopping: A Look At Two Retailers

The trade yesterday was choppy at best, with the S&P 500 ($SPY) having a $1 range and finishing on its lows.

The large-cap Consumer Staples ($XLP) names have been some of the biggest losers this month. Procter & Gamble ($PG), PepsiCo ($PEP), and Colgate Palmolive ($CL), all have negative short term trends, one, four, and five respectively.

But not all big box retailers/staples providers are negative. Cvs Corp. ($CVS) and Kroger Company ($KR) are each coming in this week with our highest bullish rating, Tradespoon Score of 10. With low implied Volatility, there is not a big expectation for violent moves in these stocks.

Look to possibly buy on any weakness, potentially adding them to a bullish portfolio. Have a great trading day!

previous post: Bonds ($TLT) Down ~4 percent Last Week, Where will the Money Flow?

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

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