Wal-Mart's most recent trend suggests a bearish bias. One trading opportunity on Wal-Mart is a Bear Call Spread using a strike $91.00 short call and a strike $96.00 long call offers a potential 14.42% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $91.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock rose above the $96.00 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 26.29 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
Walmart, Nike Suppliers Put on Notice by China Tariff Threat
Wed, 07 Mar 2018 04:55:20 +0000
Some of China’s biggest manufacturers that supply U.S. multinationals from Walmart Inc. to Nike Inc. find themselves in President Donald Trump’s cross hairs as his administration discusses new import tariffs….
20-year-old sues Dick's, Walmart over new gun policies
Wed, 07 Mar 2018 00:46:04 +0000
PORTLAND, Ore. (AP) — A 20-year-old man from Oregon has filed lawsuits against Dick's Sporting Goods and Walmart, alleging the two retailers discriminated against him when they refused to sell him a rifle because of his age.
Mexico's Walmex says plans $1.11 bln investment in 2018
Wed, 07 Mar 2018 00:44:43 +0000
Mexico's biggest retailer, Wal-Mart de Mexico, said on Tuesday it plans total investment of 20.87 billion pesos in 2018, up 20 percent from last year's level.
Walmart Delivers Blue Apron Some Bad News
Wed, 07 Mar 2018 00:40:00 +0000
The meal-kit industry is getting more crowded today, and Blue Apron’s competition is tougher than ever.
Target Is Showing Walmart How to Compete in E-commerce
Tue, 06 Mar 2018 23:39:00 +0000
Target is showing no hesitancy to spend on improving its online-order fulfillment.
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