However, why are restauarant stocks like CMG, YUM and MCD leading the market? I do not know why and quite frankly I do not really care! I just know they are leading so they are in my watch list and when they set up I will get long of them. The reason I wanted to mention this point has to with all the talk of a double dip recession. If we are on the verge of such a recession; why are these stocks hitting new high?
I'm not an expert analyst. I just want to make money. Hope these ideas help you do the same.
Good luck and good trading!