Why I Buy MacDonalds With Both HandsMCD tanked impressively lately.
I had no clue why.
Then I checked the News, which I very rarely do.
There was one article that made absolutely no sense to me:
"Concerns about weight-loss drugs:
There are some concerns that the growing popularity of weight-loss drugs, such as Ozempic and Wegovy, could take away demand from food companies like McDonald's."
To me, this writer has inverse Logic.
Why?
Because if I would love the (crappy) MCD Food, and I could just take a Pill and loose weight, I would probably eat more at MCD.
However, I buy with both hands since MCD is a the Center-Line of this Pull-Back Fork, as soon I have some indication.
(Heads Up: Earnings ahead!)
And remember: You can buy, even when you sell (...hint: Puts). It's the Buffet way. If price close in the money at end of DTE, you got the Put's premium, AND the Stock for a way cheaper price. If price is closing out of the money after DTE, you keep the premium....double Whopper §8-)
Away for a healthy Burger at $MyOneKitchen.
Mcdlong
MCD are you rdy for short sell sell 🧨Wow, wow, after a few years, what will happen in McDonald's big company?
McDonald's company has taken enough of its profits from the stock market and Wall Street. The global economic recession will start soon. Do you think that 70% of McDonald's shares will not fall? I will tell you.
Be prepared for the fall of McDonald's shares. I think you should sell your shares today and buy and eat a McDonald's sandwich and laugh at the fall of the company's head.
The targets he will see start at $219.20, then move to the next target of $127.72, and that's where everyone says it's over, but I say he will see the third target, and that target is $91.73. Don't sell $35.
MCD to close all 850 locations inside RussiaIf you haven`t sold the forming of the Head and Shoulders bearish Chart Pattern:
Then you should know that McDonald’s owns around 84% of its 847 restaurants in Russia, which accounts for 9% of its total revenues and less than 3% of its operating income globally.
They will continue paying its 62,000 employees in Russia.
Considering the facts above, my buy area is around $212.
Looking forward to read your opinion about it.
MCD longEntry price: 240-243$
Target price: 254-255$
Chart pattern: symmetrical triangle
RSI: neutral, oscillating near to 50 level
Conclusions: The price already broke up the upper line of the chart pattern, moreover RSI shows further bullish potential. Therefore, the long position is recommended with the entry price above the breakout.
Above information should be treated as informational/educational advice, no professional financial advice.
$MCD missed last four earnings without ill-effectMCD is a safe solid stock, although oddly in XLY rather than XLP.
It has missed the last four earnings, and the pullbacks from those misses are fairly mild recover quickly. Even the double whammy of a miss and loss of CEO in Q319 started to recover within days. Note in Q418, the stock only fell 11.5% against a general market decline of 20%. In this respect it is quite similar to KO (although that is in XLP), another purveyor of junk consumption.
Assuming the current trend continues, a pullback on another earnings miss of 3.84% or less gives you a safe stock to return to $220 in 2020, and the PE return to the highs of 28.
Note MCD is a DJIA component, and risks being dragged on any macro DJIA collapse (election, rate hikes etc).
MCD Public sentimentI know shorting this is not wise, however MCD public sentiment has been steadily declining despite its still incredible popularity, MCD has been in a HUGE bull run, however in my opinion we will see the rise of healthier alternatives and more traditional fast food chains, (Subway, Pizza restaurants)