Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $96.00 short put and a strike $91.00 long put offers a potential 26.58% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $96.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock dropped below the $91.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Wal-Mart is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Wal-Mart is bullish.
The RSI indicator is at 73.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
D.A. Davidson Analyst Says Amazon Should Buy Lululemon
Tue, 28 Nov 2017 22:42:49 +0000
Nov.28 — Tom Forte, D.A. Davidson analyst, discusses the outlook for Amazon.com Inc. and holiday retail sales with Bloomberg's Julia Chatterley, Joe Weisenthal and Scarlet Fu on "What'd You Miss?"
Black Friday Fatigue? 174 Million Americans Disagree
Tue, 28 Nov 2017 21:14:47 +0000
Strong sales mark a promising start to the holiday retail season.
Whole Foods' Sales Are Booming, Is This Bad News For Target and Wal-Mart?
Tue, 28 Nov 2017 18:56:00 +0000
Since being acquired by Amazon, Whole Foods’ revenues have grown impressively. While some of this is due to good publicity from price cuts on key items, some of it is likely from the relationship with Amazon attracting customers with Amazon Lockers and other items.
Kroger’s Journey from Best-Performing to Worst-Performing Stock
Tue, 28 Nov 2017 18:45:05 +0000
As we’ve discussed, supermarket giant Kroger (KR) has been struggling with increasing competition, especially from larger competitor Walmart (WMT) and online juggernaut Amazon (AMZN). The company has been …
JD.Com Inc (ADR) – Keep Your Eyes Wide Open With This Stock
Tue, 28 Nov 2017 17:32:52 +0000
Since reporting results that beat analyst estimates on November 15, JD.Com (ADR) (NASDAQ:JD) has become something of a battlefield stock.
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