Why McDonald's Doesn't Look Appetizing Right Now
McDonald's Corp. reported earnings late last month and the shares have weakened. Every time I go out on an errand I pass one or two local McDonald's. I do an unscientific channel check by looking at the number of vehicles in the parking lot and in the drive-up window. The On-Balance-Volume (OBV) line was stalled in November through January and looks like it has turned weaker in February.