Have you ever wondered why flying an airplane requires certification while practicing fundamental and technical analysis does not? Obviously, misreading the altimeter may have disastrous consequences far beyond that of misinterpreting earnings and chart signals. However, one of the key distinguishing factors — beyond safety considerations — is contingency or lack thereof, which, in a roundabout way brings us to Kraft Heinz (KHC).
From a near-term trading perspective, I’m bullish on KHC stock. However, my argument is based on a non-contingent empirical observation. In other words, I’m able to answer the five words no analyst wants to hear: how do you know that?
