Stocks Take The Stairs Up, And The Elevator Down

The title of this post is an old market axiom: “Stocks take the stairs up and the elevator down.”   I wanted to hit you with one chart today that embodies this saying about as well as I’ve ever seen it depicted in a single chart.   Ladies and gentlemen, the one year chart of Chipotle:

And just for good measure, while we’re on the topic of Chipotle, this classic South Park clip is quite timely (thanks to @Bullioner for the link)

 

 

 

Disclosure: no positions in $CMG.  Love their burritos.

-KD

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