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 11.36% return on risk over the next 25 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 $0.51 would be kept by the premium seller. The risk of $4.49 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 65.37 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, Gap, others call for safety in Bangladesh, WSJ reports
Wed, 23 Oct 2013 09:48:57 GMT
theflyonthewall.com – The Alliance for Bangladesh Worker Safety, a group representing two dozen North American retailers, including Wal-Mart Stores (WMT) and Gap (GPS), released a list of more than 620 factories that employ …
Walmart's VUDU And Sony Pictures Introduce Online Extras For Digital Movies
Wed, 23 Oct 2013 07:01:37 GMT
TechCrunch – Sony Pictures has teamed up with Walmart's Vudu to start offering additional content and features to viewers who buy movies through the streaming video service. The partnership is designed not just to …
[$$] Wal-Mart, Gap Press for Safety in Bangladesh
Wed, 23 Oct 2013 04:16:55 GMT
The Wall Street Journal – A group representing two dozen North American retailers, including Wal-Mart Stores and Gap, listed more than 620 factories that they use in Bangladesh, a move aimed at improving workplace safety there….
[$$] Amazon Raises Free-Shipping Minimum to $35; eBay to Expand Same-Day Delivery
Wed, 23 Oct 2013 04:16:49 GMT
The Wall Street Journal – Online retailers are shaking up their delivery offerings on the eve of the holiday shopping season.
Is The Netflix Revolution Faltering?
Tue, 22 Oct 2013 21:19:00 GMT
Forbes – Netflix stock soared early on Tuesday after its earnings release beat all expectations. Net income more than quadrupled, and its subscriber base topped 40 million worldwide. Revenue rose 22% to $1.1 billion, and earnings per share of 52 cents beat analysts' average estimate of 49 cents. Netflix has grown to the […]
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