Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $95.50 short put and a strike $90.50 long put offers a potential 45.35% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.50 by expiration. The full premium credit of $1.56 would be kept by the premium seller. The risk of $3.44 would be incurred if the stock dropped below the $90.50 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 65.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
[$$] Attention Walmart Skeptics: This Stock Has Legs
Wed, 29 Aug 2018 09:30:09 +0000
ended a run as one of the greatest growth stocks in history. Watch out, Walmart is growing again. Now, with its e-commerce business soaring by 40% in the most recent quarter and its sales in stores growing at their fastest pace in 10 years, Walmart is enjoying a renaissance that should give it several years of strong growth.
Where to find value at record highs
Tue, 28 Aug 2018 21:26:00 +0000
Finding value at record highs. Value trade or trap? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.
Why the Rally in Walmart Stock Is Fading
Tue, 28 Aug 2018 20:50:06 +0000
Walmart (NYSE:WMT) has ridden quite the roller coaster of late. WMT stock rose just shy of $110 in late January, buoyed by a strong market and hopes that it was becoming a worthy competitor to Amazon.com (NASDAQ:AMZN). It certainly didn’t seem like Amazon was at risk.
JD Turns to Google, Walmart to Build Global E-Commerce Empire
Tue, 28 Aug 2018 20:00:00 +0000
Richard Liu built an e-commerce giant in China by tapping into the nation’s appetite for technology. As his JD.com Inc. sets its sights on global expansion, he’s turning to others for help: Google and Walmart Inc. Just a few months after Google bought a $550 million stake in JD, Liu said he’s in the early stages of strategic planning with the search giant to win customers outside its home market.
3 Reasons Why Walmart Stock Still Has More Upside
Tue, 28 Aug 2018 19:10:57 +0000
It’s been a red-hot summer for Walmart (NYSE:WMT). Walmart stock jumped 9% in response and Jim Cramer introduced the WANG stocks (albeit to mixed response). The bottom line was also impressive, with earnings per share coming to $1.29.
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