Wal-Mart's most recent trend suggests a bearish bias. One trading opportunity on Wal-Mart is a Bear Call Spread using a strike $77.50 short call and a strike $82.50 long call offers a potential 24.07% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $77.50 by expiration. The full premium credit of $0.97 would be kept by the premium seller. The risk of $4.03 would be incurred if the stock rose above the $82.50 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 22.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
Wal-Mart and Target Strike Back
Fri, 20 Dec 2013 23:06:09 GMT
Motley Fool – Amazon is the new face of retail, but Wal-Mart and Target are still fighting for supremacy. Based on their current plans, anything is possible.
General embarrassment
Fri, 20 Dec 2013 21:44:00 GMT
CNBC – CNBC's Eamon Javers reports how U.S Air Force Major General Michael Carey with unique knowledge of U.S. nuclear missiles being set up in Russia, boozed his way out of the military.
More customers shopping online: Pro
Fri, 20 Dec 2013 21:32:00 GMT
CNBC – Can “Super Saturday” save the holiday retail season? Sucharita Mulpuru-Kodal, Forrester Research, discusses retail sale days. Mulpuru-Kodal says department stores are doing pretty well this season….
Recalls this week: utensils, infant carriers
Fri, 20 Dec 2013 20:27:21 GMT
Lessons learned as CEOs departed
Fri, 20 Dec 2013 19:21:47 GMT
CNBC – Some went out with a bang, some with a whimper, but all the big CEO departures of 2013 have something to teach executives about what's working in the markets.
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