Nothing gets me more excited in the morning than turning on Bloomberg and watching Deirdre Bolton; even when she tells me the futures are way up and I'm losing money, I hear it from her and I'm cool with it. Don't get me started on that Schatzker guy, I hate when he tells me futures are up.
Well my morning excitement routine changed forever the other day when I got a care package from mom, Deirdre will have to take second place on my morning excitement scale. I received something from mother that has rocked my mornings. It's the Eggo Star Trek waffles. That is now the reason I look forward to getting up every morning.
I ran to my next door neighbor Dr. Ramón’s apartment and woke him up so he could have breakfast with me and admire my waffles, he was equally impressed. I finished up breakfast and pulled up a chart to see what was going on with Kellogg's, I could already tell by this product that their fundamentals were solid.
The chart is pretty boring, but I can see a chance for a quick 5-6% increase soon maybe more. Dr. Ramón said it looks like a possible head and shoulders formation, but I don't think volume is confirming that. (I also don't think Dr. Ramón is even a real licensed doctor) I believe it goes up first.
I'm not a fundamentals kind of guy, but when I saw and ate this product, I'm sold. Fundamentally, I see the sky's the limit for K and their Star Trek waffles; the chart says maybe 5-6% or more. If it breaks support, down a bit. Nothing real fast up or down, but good risk reward. Here are some great waffle photos: