Click on any chart to engorge it

Click on any chart to engorge it

Canned Goods, Smokes, and Soap

The SPDRs Consumer Staples ETF (XLP) might have formed a bullish inverse head and shoulders pattern, which would predict a run to about $37 per share.  We'll spin it this way:  the market is forecasting a time in the near future when folks are stocking up on things they'll need when the economy really hits the skids.