Despite the long anticipated market correction last week, these 3 defensive stocks — MDLZ, PG, KO buck the trend and rally up higher. The average dividend yield ranges from 2–3% which is decent.
Watch the video below to find out potential low risk entry via pullback trading to ride this up wave:
- 0:27 MDLZ (Mondelez International, Inc)
- 3:09 PG (Procter & Gamble Company)
- 5:09 KO (Coca-Cola Company)
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EUR/USD has lost its traction and declined below 1.0900 in the American session on Friday. Quarter-end flows seem to be allowing the US Dollar find some demand but the risk-positive market environment seems to be limiting the pair's downside ahead of the weekend.
GBP/USD trades below 1.2400, looks to post weekly gains
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