McDonald’s April Store Sales Drop 0.6% on Asia Slowdown
McDonald’s Corp. (MCD), the world’s biggest restaurant chain, said sales at stores open at least 13 months fell 0.6 percent last month as growth slowed in the company’s Asia Pacific region. Analysts estimated a 0.5 percent drop, the average of 11 estimates …
McDonald’s (MCD) reports global sales for April fell 0.6% which was a bit worse …Seeking Alpha
McDonald’s Asia Brings Down April Comparable Store SalesBusiness Insider
We may be skating on very thin ice here, but the weight of the evidence still supports a weak bull case for the near to intermediate term. So I’m adding buy picks on the chart pick list and adjusting trailing stops to account for the risk.
These reports are not investment advice. They are for informational purposes, for a broad audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance.