Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $110.00 short put and a strike $100.00 long put offers a potential 12.87% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $1.14 would be kept by the premium seller. The risk of $8.86 would be incurred if the stock dropped below the $100.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Wal-Mart
Norway wealth fund allowed to invest again in Walmart, Rio Tinto, others
Tue, 25 Jun 2019 08:05:00 +0000
How Can FedEx Grow Without Amazon?
Tue, 25 Jun 2019 07:00:00 +0000
You can argue that Walmart and Target have bigger growth opportunities.
Walmart in Mexico launches grocery orders via WhatsApp
Tue, 25 Jun 2019 03:24:37 +0000
Walmart's Mexico unit has begun offering grocery delivery from its Superama stores via messaging service WhatsApp, the retailer said on Monday, in a new stab at attracting shoppers outside bricks-and-mortar supermarkets. WhatsApp, the free text-messaging service owned by social media platform Facebook, is ubiquitous throughout Mexico.
Walmart Analyst: Fintech Platform PhonePe Could Be Worth Almost As Much As Flipkart
Mon, 24 Jun 2019 19:20:07 +0000
Retail giant Walmart Inc (NYSE: WMT )'s $16-billion acquisition of India's Flipkart included a majority stake in a payments app, PhonePe, thatcould be worth more than $14 billion in the medium-term, according …
Amazon, 2 Dow Stocks Among Retail Stocks Near Record Highs
Mon, 24 Jun 2019 18:49:44 +0000
In a tale of two ETFs focused on retail stocks, one is up 16% this year and near new highs, while the other is up 2% and 20% off its high. Why the sharp divergence?
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