Last week I posted a possible swing trade on MCD and MACD divergence, however, the rally that the rest of the market saw did not crossover to McDonalds.
The dollar has been strengthening against the YEN, EUR, and GBP, and as a result global sales are off. Side note on the long run macro: as the US increases their money supply faster than the other central banks around the world, this will cause a shift in the long run equilibrium exchange rate. So I will be looking to sell the dollars strength in the next few months and buy foriegn securities. More on this later.
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