Wal-Mart's most recent trend suggests a bearish bias. One trading opportunity on Wal-Mart is a Bear Call Spread using a strike $89.00 short call and a strike $94.00 long call offers a potential 10.62% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $89.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock rose above the $94.00 long call 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 down which suggests that the medium-term momentum for Wal-Mart is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Wal-Mart
US trading partners, businesses say tariffs will backfire
Fri, 09 Mar 2018 10:41:08 +0000
BRUSSELS (AP) — The Trump administration's decision to impose tariffs on aluminum and steel imports drew warnings Friday from businesses and U.S. trading partners that the measure could backfire, provoking a trade war without resolving the problems it's intended to address.
Arizona Walmart employees to receive $12.5 million in bonuses
Fri, 09 Mar 2018 06:00:11 +0000
Recent changes in federal corporate tax law have been a boon to employees at companies across Arizona, including those who work for Walmart Inc. (WMT). The Arizona bonuses are part of more than $560 million earned nationwide in fourth-quarter performance-based bonuses and tenure-based one-time cash bonuses, according to Walmart officials. Between fourth-quarter performance and tenure-based bonuses, pay increases and recent paid time off cash-outs, more than $1 billion was paid to hourly associates across the U.S. during February and March, company officials said in a statement out Thursday.
Why the US is different from the UK and Australia when it comes to gun control
Thu, 08 Mar 2018 23:51:00 +0000
Activists point to UK and Australian gun control laws, but experts say their examples are hard for the USA to emulate.
Here's why Kroger just got crushed on earnings
Thu, 08 Mar 2018 22:14:00 +0000
The "Fast Money" traders discuss Kroger shares after the grocery giant reported earnings.
Walmart Associates in California To Receive Approximately $34 Million in Cash Bonuses
Thu, 08 Mar 2018 22:10:00 +0000
Today, more than 890,000 Walmart U.S. associates, including more than 136,000 in California, are receiving a share of more than $560 million total cash bonuses, including:
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