A big reason why the dow sank, nasdaq claimed. 8 . The intense competition created by the sheer number of companies in business may be good for the consumer, good for you and me. We all benefit from corporations duking it out for our patronage. At the same time, this competition is an anathema to profits [ booing ] whis companies doing deals, even could argue the governments around the world have gotten tougher on mergers and a lot of stocks are pretty darn expensive versus their historic valuations. Let me take you through the Competitive Landscape sector by sector starting with the food group. The Food Companies have so little growth that the best ones like General Mills are hoping for flatter reits next year at best. Think about the fierce composition in space. Virtually every aisle of the supermarket. Does campbells soup need to be independent, does kelloggs stand alone . Up on hershey. Come. If they cant get their act together why doesnt mongolese buy the company . The supermarket
Market. When that problem goes away, as it did today web food giant mongolese walked way from its bid to hershey, after they couldnt agree on a price. Over the entire averages. A big reason why the dow sank, nasdaq claimed. 8 . The intenses competition created by the sheer number of companies in business may be good for the consumer, good for you and me. We all benefit from corporations duking it out for our patronage. At the same time, this competition is an anathema to profits [ booing ] which is why we see so Many Companies doing deals, even could argue the governments around the world have gotten tougher on mergers and a lot of stocks are pretty darn expensive versus their historic valuations. Let me take you through the Competitive Landscape sector by sector starting with the food group. The Food Companies have so little growth that the best ones like General Mills are hoping for flatter reits next year at best. Think about the fierce composition in space. Virtually every aisle of
On fundamental factors and not the shape of their charts, the offthe charts segment is antithey cal to my stockpicking methods. I know from your feedback that youre interested in this analysis, and its proven itself time and time again to get a lot of people involved at the right level, say. Not for a minute, as i explain in get rich carefully where i devote a whole chap, have i become a chartist myself. I teach about interest, studying the fundamentals, and i overlaw femme. Theys on dont even care what the company does. I wonder if heck do their jobs with the companys names blacked out. In fact, im sure they could. Some of them hate the distraction of knowing much at all about a company for fear it would bias them against the stocks chart. Can you imagine . Ive peck proficient at charting, but i still rely on the individual work of professional technicians, to learn techniques that i can in turn teach. Thats why tonight i am picking the best of the best charts of some of the best tech
The political gauntlet, might a truce be in the offering . Theres the Treasury Department and the Justice Department fighting against mergers. Will they be kiboshed or not . But next week starts the real mcchai, earnings season, that time of year where stocks march to the beat of a different drum, their fundamentals. Lets get to the game plan. On monday, alcoa reports after the bell. Normally w normally wed like to hear about how the end markets are doing because alcoa does a remarkable job with giving you the state of the world when they do their call. I point it out in the get rich carefully book that you must listen to alcoa if you listen to any conference call. This time its different. Alcoa is splitting into two companies. The first is a highly engineered proprietary businesses that forges aluminum that produces lightweights cars, skins tablets, creates new truck wheels while building out the skins of buildings and soda cans. The second is a lower cost maker of commodity aluminum
Can predict the next big move for stocks. Given that i base all of my work on the fundamentals and not the shape of the charts the off the charts segment is antithetical to my antistock picking methods. But i know your feedback that youre interested in this analysis and it eat getting a lot of people involved at the right level say. Not for a minute as i explain in get rich carefully where i devote a whole chapter to charting have i become a chartist myself. Single out stocks to highlight and teach about after studying the fundamentals, the research, the annuals, the sectors and i overlay them on my broader world view at the moment. Chartists can care less about this stuff. They often dont care what the company does. I wonder if they can do their jobs with the companys names blacked out. In fact, i am sure they could. Some of them hate the distraction of knowing what you know about a company for fear it would bias them against the stocks chart. I stilt rely on the individual work of th