MCD is topped out the long fast food trend may be SHORTMCD lives on people liking what they eat and eating a lot of it. The Happy Meal is famous.
into the business model comes the new wave biologics for obesity and diabetes. the shots
that cut down the weight and the food addiction. Insurance companies are jumping on
the bandwagon. 1/3 of the people eat half the food. Increasingly, those people are seeking
treatment. The fastfood executives know this. Same for the sugar beverages.
Anyway, enough said. MC on the monthly chart is stuck at a double top even more obvious
on a weekly or daily chart. At present it is stuck in a symmetrical triangle compressing price.
The mathematical predictive algorithm forecasts price will move down the remainder of
this year. I respect the mathematics and understand the medical trend. LLY makes money
supplying insulin and now it makes money actually reversing diabetes and obesity. One way
or another it makes money and MCD is supplying the patient flow. In the meanwhile if
those patients are detoxified and lower their caloric intake, MCD is the one that suffers
a regression of the growth story. I am short MCD and add to my position whenever
there is a little upward price movement. Yeah, comarketing donuts with Krispy is an act of
desperation.
