MDLZ

Moving with the market

• MDLZ +0.74% on the last session vs SPY +0.74%: +0.0 pts of stock-specific move.
• Aftermath, crossed below 200-day avg (Sep 30): After its 13 crosses below the 200-day average in the past 5 years, MDLZ typically gained 1.9% over the next week (median) and was higher 69% of the time; half the outcomes fell between -1.0% and +2.7%. An ordinary week: +0.2%. Among S&P 500 stocks after crosses below the 200-day average, that ranks #16 of 497.
• Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.