Wal-Mart's most recent trend suggests a bearish bias. One trading opportunity on Wal-Mart is a Bear Call Spread using a strike $155.00 short call and a strike $165.00 long call offers a potential 7.07% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $155.00 by expiration. The full premium credit of $0.66 would be kept by the premium seller. The risk of $9.34 would be incurred if the stock rose above the $165.00 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 at 26.8 level which suggests that the stock is neither overbought nor oversold at this time.
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
Top 15 Online Shopping Websites in the World in 2020
Thu, 17 Dec 2020 22:40:22 +0000
Today we are going to take a look at the top 15 online shopping websites in the world in 2020. Click to skip ahead and jump to the top 5 online shopping websites in the world in 2020. As of 2020, the world economy had to face and cope with serious crises, due to the […]
Murphy Oil USA Inc. — Moody's revises Murphy USA's outlook to stable after QuickChek acquisition announcement
Thu, 17 Dec 2020 21:50:10 +0000
Moody's Investors Service, (“Moody's”) revised the outlook of Murphy Oil USA Inc. (“MUSA” or “Murphy USA”) to stable from positive following the company's announcement [1]that it has entered into an agreement to acquire privately-held QuickChek Corporation. The QuickChek acquisition will be funded with a mix of cash and debt, and the company has obtained committed financing from the Royal Bank of Canada. The affirmation of the company's ratings reflects Moody's view that MUSA will benefit from the addition of the QuickChek brand, which has a strong food and beverage offering with a focus on fresh food, prepared foods and various coffee offerings.
Dow Jones Stocks To Buy And Watch In December 2020: Apple, Microsoft
Thu, 17 Dec 2020 21:12:33 +0000
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in December 2020.
National Retail Federation pushes for frontline retail workers to be among early COVID-19 vaccine recipients
Thu, 17 Dec 2020 20:01:00 +0000
The National Retail Federation put out a statement Thursday urging the Centers for Disease Control and Prevention's (CDC) Advisory Committee on Immunization Practices to include frontline workers in the retail industry among the early recipients of the COVID-19 vaccine. “Retailers have been on the front lines throughout the pandemic protecting associates, serving customers and keeping the communities in which they live and work safe and healthy,” reads a statement from NRF Chief Executive Matthew Shay. “The industry invested billions of dollars to provide protective gear and trainings for their associates and to make the necessary changes to achieve and exceed health and safety recommendations made in municipal, state and federal guidelines… It is critically important those working in our nation's stores, distribution centers, warehouses and throughout the retail ecosystem are among the early recipients of the COVID-19 vaccine.” The statement notes that the retail industry directly employs 32 million Americans. The retail organization also sent a letter to the CDC with its demand. Some retailers, like Walmart Inc. , Target Corp. and Home Depot Inc. are considered essential retailers and remained open for business throughout the pandemic.
Walmart to pilot in-app live shopping on TikTok
Thu, 17 Dec 2020 19:22:35 +0000
Walmart will pilot TikTok's new shoppable product on Friday with a livestream event allowing viewers to shop inside the wildly popular short-form social video app. Yahoo Finance's Julia La Roche joins Kristin Myers to discuss.
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