MCD normally disappoints on earnings after a couple of positive days leading into it during down trend and then bottoms. Similar action took place after the 10/15 bottom, where upon it began its best rally. I was short MCD puts on Friday and was put the stock this morning. I was looking for a bottom coming out of Fri Outside Day Down and got it. It looks like it may have bottomed and bought calls this morning. Acting well and tends to be stronger than market this morning.
MCD Outside Day Down Friday May Have Put in Bottom
Started by
thoughtpwr
, Jan 26 2015 11:50 AM
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