September 8, 2017 - McDonald’s, MCD, has a long breakout setup with a Squeeze forming. - Simpler Stocks

Today the major indexes were mixed, at best. The selling of banking stocks, brought on by an increasing belief that the Federal Reserve will forego another rate hike at the end of the year, as well as softness among entertainment components, was a primary driver for the bearish undercurrent. U.S. crude oil prices held mostly steady, losing only $0.07 per-barrel, as better-than-expected refinery output somewhat alleviated fears about a slow recovery from Hurricane Harvey in the Gulf of Mexico.