Bill Orders More Dominos Stock (DPZ)

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Bill Baruch, President & Founder, Blue Line Futures

***AUTO-TRANSCRIBED***

All right. Trade alert. Bill Baruch said he’s got something new. Here he is. What’s this new stock you’ve added? Domino’s Pizza, ticker symbol, DPZ. This is a great management team. It has terrific online presence. And the loyalty program which they rolled out in September, is a new one. We’ve seen an uptick in search results and since the middle of September.

So I think that’s all really good as this loyalty program continues. I mean, it’s become the quick, efficient, inexpensive way to feed a family of four or more. I really like this, but it’s come down since May really allowing of a bottom in May to before an accumulation period over the last six months or so and a really good chart pattern.

So I think as we see this the stock perk up here and recently I think we could have a low for October 30th and I think 500 bucks would be in the cards here soon. Did you sell anything to to buy this or just this was just added from cash? This was added from cash. But initially, I had sold McDonald’s about two weeks ago, really worried about the weight loss drag and the impact it had on that.

And McDonald’s have rebounded pretty well, but it felt like I needed something exposure to consumer food in the portfolio. My fear for McDonald’s is really they’re targeting working individuals morning and lunch and to expand the revenue growth here. I mean, this is an evening staple in it really. It’s a cheap quick staple. And I don’t think the weight loss drugs would have impacted Domino’s.

And like I said, it sold off well before that and has been bottoming out since May. So I think this is it’s time for the really nice chart pattern. All right. Yeah, It’s getting a nice little move here. Thank you very much. I appreciate you coming on and telling our viewers about this move. We’ll talk to you soon, Bill Baruch.

We’ll come back right after this. With final trades.


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Futures trading involves a substantial risk of loss and may not be suitable for all investors. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Blue Line Futures is a member of NFA and is subject to NFA’s regulatory oversight and examinations. However, you should be aware that the NFA does not have regulatory oversight authority over underlying or spot virtual currency products or transactions or virtual currency exchanges, custodians, or markets. Therefore, carefully consider whether such trading is suitable for you considering your financial condition.

With Cyber-attacks on the rise, attacking firms in the healthcare, financial, energy, and other state and global sectors, Blue Line Futures wants you to be safe! Blue Line Futures will never contact you via a third-party application. Blue Line Futures employees use only firm-authorized email addresses and phone numbers. If you are contacted by any person and want to confirm your identity please reach out to us at info@bluelinefutures.com or call us at 312- 278-0500

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