Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 16.82% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock dropped below the $70.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Wal-Mart is bullish and the probability of a rise 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 62.1 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
Is This Discount Retailer a Nightmare or an Investor’s Dream?
Sat, 19 Oct 2013 05:06:19 GMT
Motley Fool – The current economic environment favors discount retailers, but some are better performers than others.
Wal-Mart reconsiders; offers good Samaritan job back
Sat, 19 Oct 2013 02:44:30 GMT
USA TODAY – Ex-employee says Wal-Mart fired him after he tried to help woman being attacked.
Wal-Mart returns job to worker who stopped attack
Sat, 19 Oct 2013 00:38:53 GMT
AP – Kristopher Oswald said he did the right thing when he interrupted the assault of a woman in a Michigan Wal-Mart parking lot, even though it violated the national retailer's policies for employees. And …
Wal-Mart returns job to worker who stopped attack
Sat, 19 Oct 2013 00:38:49 GMT
Asia's Week: Wal-Mart's Checkouts, Retail Rough-Go
Fri, 18 Oct 2013 23:25:00 GMT
Forbes – The joke used to be that Wal-Mart would dominate Chinese retail to sell Chinese goods to Chinese people. Well, not so much. Not so much Wal-Mart, that is. The mammoth U.S. chain said this week it would close 20 underperforming stores even as it continues to build more on net […]
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