Go Long MCD, Short ADBE

McDonald's is a defensive play; Adobe will make a good short if the trendline breaks


Go Long MCD, Short ADBE

The market has improved its situation ever so slightly off of its lows, but is still poised to open much lower and below the S&P 500’s 20-day moving average.

Long: McDonald’s Corp. (NYSE: MCD)

mcd111610 Go Long MCD, Short ADBE

Short: Adobe Systems Incorporated (NASDAQ: ADBE)

adbe111610 Go Long MCD, Short ADBE

The SharePlanner Swing-Trading System is a proven trading strategy that has outpaced all the major indices with an 8-year return of over 1,010%. This year alone it is up 29%, with 64% of the stock picks being winners. It’s an easy trading system that requires very little effort after you buy the stock and great for those who can’t watch the market all the time! Find out more by visiting SharePlanner.com.

Article printed from InvestorPlace Media, http://investorplace.com/2010/11/go-long-mcd-short-adbe/.

©2015 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.