What are McDonald's and Wal-Mart Telling Us? (at Seeking Alpha)

by: Trader Mark posted on: October 10, 2008 | about stocks: I am very intriqued by our top 2 choices for the "Pooring of America" trend - Walmart and McDonalds - what exactly are the charts above telling us? If we are to enter a long drawn-out recession, which I have believed, these seem to be screaming buys here. The only question is credit - how does a lack of credit potentially hurt both. They are not expanding a ton, in the U.S. at least - perhaps with Wal-mart it's financing of inventory, but I cannot wrap my mind around this behavior. It is, however,... [read full story]