Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $87.00 short put and a strike $82.00 long put offers a potential 17.1% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.00 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $4.27 would be incurred if the stock dropped below the $82.00 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
Tax reform hopes a key driver for US markets: CIO
Wed, 25 Oct 2017 00:24:00 +0000
Hilary Kramer, CIO, A&G Capital Research says firms like Wal-Mart would be among the main beneficiaries of a lower U.S. corporate tax rate.
Amazon launches cash payments in Mexico to lure shoppers online
Tue, 24 Oct 2017 23:25:20 +0000
Amazon.com Inc (AMZN.O) launched a cash payment service in Mexico on Tuesday, aiming to expand its customer base in a country where shoppers are wary of credit card fraud and often earn their living in paper currency. The strategy could also help it to win market share from rival Wal-Mart de Mexico (WALMEX.MX), known as Walmex, along with other retailers pushing Mexican consumers to shop more online instead of brick-and-mortar stores that still dominate the country's retail sector. “It will intensify the competition of e-commerce in Mexico, not just for Amazon and Walmex but for other players,” said Luis Willard, an analyst at brokerage GBM.
Rising Walmart Could Use a Rest
Tue, 24 Oct 2017 17:33:00 +0000
‘Decline' we predicted didn't pan out.
Amazon captures 43.5 percent of e-commerce sales in 2017:…
Tue, 24 Oct 2017 15:08:00 +0000
Kate Mitchell, Scale Venture Partners, and Kevin Roose, New York Times columnist, discuss a new report from eMarketer that highlights Amazon’s dominance of the online retail market.
On Your Mark, Get Set, Prep! Sam’s Club Makes It Easy to Get a Jump on Holiday Planning
Tue, 24 Oct 2017 11:00:00 +0000
Step aside, procrastinators. Sam’s Club is making sure that those with a “holidoer” mentality can get a head start on preparing for their festive feasts, parties and present buying.
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