08Dec12:29 amEST

Late Night Strategy for Monday

12k91N5 With the relative and absolute strength in many fast food and casual dining plays of late, keep an eye on The Middleby Corporation as a long idea. MIDD makes the innovative ovens for the casual and fast food firms so that you can enjoy their wholesome and nutritious dishes as economically feasibly as possible. I view a move over $98 as potentially setting in motion the next leg higher in the up-trending daily chart, seen first below. And on the short side, if Ford sees more weakness early this week I would expect a retest of the lower support trendline, below $15, within the context of a corrective daily chart, second below. MIDDF

Weekend Market Film Session ... Biotech Tidal Waves on the S...

 
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