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Analysis and Opinion » Is Fast Food Gaining Traction? The Technical Say Yes!David Becker - April 2, 2014, 13:09 GMT
The margins for lower end fast food seemed to have been fading recently has chains like Starbucks (NASDAQ:SBUX) and Dunkin Donuts (NASDAQ:DNKN) make their way into casual fast food dining. McDonalds (NYSE:MCD) has recently seen a declining in same store sales, but strong momentum and an upward trend make the stock price look attractive.
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Stocks began the trading session on Tuesday mixed, as upward momentum has stalled in the face of the tensions in Ukraine, and lackluster economic data. Monday’s price action was telling as stocks were unable to follow through after starting the trading session with the Dow Industrials down triple digits. Stock investors will likely push equities
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Stocks on the American exchange tread water as third quarter earnings continued to make headlines. Homebuilders declined as a group after previously-owned home sales fell off their multiyear highs, according to a monthly report from the National Association of Realtors. Previously-owned house sales fell for the first time in three months, narrowly missing economists’ median
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Technical Analysis » Stocks Consolidate as Investors Await Employment ReportOctober 22, 2013, 06:35 GMT
Stocks in the US started the week mixed, with the DOW and S&P 500 in the red but the Nasdaq composition continuing to outperform. Strong results last week from Google (NASDAQ:GOOG) have propelled technology stocks forward, lifting all boats in the space. Investors will turn their attention on Tuesday to September’s employment report, which will
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McDonald’s (NYSE:MCD) reported quarterly revenue that missed analysts’ estimates on Monday morning. As a result, shares of the company traded lower in early session trading. The company reported global comparable sales for October are expected to be relatively flat, due to a number of headwinds. Sales at stores opened for at least 12 months rose
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McDonald’s Corporation (NYSE:MCD) reported its second quarter earnings before the market open on Monday morning. Early in the session shares traded to the downside by 3% as the results failed to meet analyst exceptions. The company reported earnings of $1.38 per share, up 4.5% from $1.32 during the second quarter of last year. Revenue increased
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