Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 13.12% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $75.00 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 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.
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LATEST NEWS for Wal-Mart
Was Thanksgiving Day a Success for Wal-Mart, Target, and Macy’s?
Mon, 02 Dec 2013 22:30:17 GMT
Motley Fool – Wal-Mart, Target, and Macy’s hoped for the best, but based on the recent public backlash because of stores opening on Thanksgiving Day, they likely didn’t know what to expect.
Amazon unveils futuristic drone delivery plan
Mon, 02 Dec 2013 22:14:51 GMT
Your one-stop guide to #CyberMonday beer swag
Mon, 02 Dec 2013 22:11:03 GMT
CNBC – This is your one stop guide to #CyberMonday's discounted hats, shirts, glassware, home-brew supplies and other beer specials.
RIP to Cyber Monday?
Mon, 02 Dec 2013 19:53:00 GMT
CNBC – Jan Kniffen, Worldwide Enterprises, and Mark LoCastro, DealNews.com, weigh in on Cyber Monday. Kniffen says it has become Black Friday week with deals starting earlier than ever.
Three Reasons Amazon Will Keep Stealing Business From Wal-Mart and Best Buy
Mon, 02 Dec 2013 19:26:35 GMT
Business Insider – Wal-Mart and Best Buy are making strides to…
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