Tim Knight had a post on long-term charts and spotting what in hindsight are obvious patterns. I noticed some decent formations on a few household names.
Look at the long-term charts of Coca-Cola (KO), Intel (INTC) and Cisco (CSCO). Coca-Cola looks the best of the bunch, and Intel looks as though it could move lower.
Cisco has no dividend, but the yield for Coca-Cola is 3.3% versus 2.6% on Intel.
Personal Spending Jumps More than Income in March
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Disposable (after tax) income rose 0.5 percent in March. Real (inflation
adjusted) income rose 0.2 percent. The rise in spending outpaced the rise
in income.
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