In the world we live in today, it’s hard to find someone that is excited about Consumer Staples. “Why, do they have a new digital coin out?” is what you might hear. While some people treat the the volatility in certain asset classes as something to be distracted about, we just look at bitcoin and its fellow coins as another investing vehicle. Consumer Staples have just as important of a role in our process. Today, I want to talk about the breakout we’ve seen this week in the Equally-weighted Consumer Staples Index Fund.
The way I learned it, the bigger the base, the higher in space! We want to buy breakouts from markets that have been range-bound for a while. Consumer Staples are one of them. [Read more…]