Monday Night Football kicks off in Denver tonight, so lets take a look at some football related stocks.
Adolph Coors Daily Chart
No football game would be complete without some rocky mountain refreshment, but Coors (RKY) has been the Cleveland Browns of beer stocks lately. After setting a fresh 52-week low, the stock has managed to break its steep downtrend, and might even be trying to form small base, but volume will need to pick up. With the 50-day moving average waiting to sack any advances, this might be a rebuilding year for Coors.
Anheuser Busch Daily Chart
Anheuser Busch (BUD) looks more like the Baltimore Ravens, good defense, but no offense. Bud started out the year at $45.50, but is currently $1.32 lower. With the market's performance this year, that's good enough to make the playoffs. Bud actually looks like it could make a late season run if it can manage to breakout of its ascending triangle.
Papa John's Daily Chart
Of course what's goes better with beer than Pizza. Papa John's (PZZA) had a rocky off-season, but stabilized during summer mini- camps. That quarter of stabilization could be coming to an end as a three-day slide has Papa John's testing the 50-day moving average and yearlong up trend. If PZZA can hold than line, it still needs to advance past the 26 yard line to keep the drive alive.
Pepsico Daily Chart
Pepsico (PEP) supplies the remainder of the ingredients needed for a football game - soda, Frito Lay snacks, and Gatorade for the players. Like most of our football stocks, Pepsico is in an up trend for the year, but currently battling with resistance. Today's breaking of near-term support could have the stock back peddling to the 50-day moving average or up trend.