Soap Stocks ‘Defensive’ But Only With An Asterisk

By | September 22, 2014

Scalper1 News

When the so-called defensive soap stocks advance, does that mean the market is about to take a bath? Individual investors might be tempted to believe so. The old argument is that people don’t quit washing just because the economy is weak. By that logic, soap stocks should do better in bad times than, say, a more aggressive vehicle like the Nasdaq. Yet historical stock charts tell a more nuanced story. In the past 12 months the direction of the Scalper1 News

Scalper1 News