From CNBC: Life may be like a box of chocolates, but how about the
stock market? Brian Stutland of the Stutland Volatility Group believes that
chocolate sales can tell us a great deal about where the market will go next.
"Your basic thing that everybody loves is chocolate,"
Stutland said. "If chocolate sales are falling—if you hate chocolate—you
definitely hate real estate or whatever big-ticket purchases you want to
make."
So to get a jump on the market's next move, Stutland zeros
in on one particular company: Hershey. In
addition to capturing chocolate sales, "Hershey usually trades at a pretty
low multiple," said Stutland, who is an "Options Action"
contributor. "If the multiple starts to get overextended, and investors
start to take the multiple down, that is probably going to happen across the
marketplace. So the market will follow the mean trend" that is first set
by Hershey…..
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