Wal-Mart (WMT) Offering Possible 25.94% Return Over the Next 6 Calendar Days

Wal-Mart's most recent trend suggests a bearish bias. One trading opportunity on Wal-Mart is a Bear Call Spread using a strike $122.00 short call and a strike $127.00 long call offers a potential 25.94% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $122.00 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $3.97 would be incurred if the stock rose above the $127.00 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 21.31 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Wal-Mart

Sony Reveals PlayStation 5 Editions and Marquee Games
Fri, 12 Jun 2020 01:47:57 +0000
(Bloomberg) — Sony Corp. unveiled two versions of its upcoming PlayStation 5 game console and an array of new games from the virtual stage Thursday, showcasing its next-generation lineup for the first time ahead of a holiday season showdown against Microsoft Corp.’s Xbox.A new Spider-Man game will be ready for the holidays, alongside the release of the black-and-white home console. Sony will also have a new Gran Turismo racing game, as well as an enhanced version of Take-Two Interactive Software Inc.’s bestselling Grand Theft Auto V for the PlayStation 5 next year.The second variant of the PS5, dubbed the Digital Edition, will eschew the Blu-ray disc drive and offer downloads as the only way to acquire new games. This move could hasten the transition to digital downloads and cut out retailers like Amazon.com Inc., GameStop Corp. and Walmart Inc. The PS5 Digital Edition has a sleeker design and is expected to be cheaper than the standard model, though Sony did not disclose pricing information.Shares of the Japanese entertainment giant fell as much as 3.9% in early Tokyo trading Friday, its biggest intraday fall in more than two months.“It looks like Sony is saying the PS5’s theme color is white,” said Hideki Yasuda, an analyst with Ace Research Institute. “I can’t think of many white, round-edged game consoles that have done well in the past, so I think Sony is taking on a challenge with that design direction.”Sony showed an array of new games from various high-profile franchises, including Resident Evil 8, a remake of the action game Demon’s Souls and a sequel to the popular PlayStation 4 game Horizon Zero Dawn.Expectations are high for the PlayStation 5. Sony’s current system has dominated the video game market for the last seven years, selling more than 110 million units and overshadowing Microsoft’s efforts with the Xbox. Both companies began talking publicly about their next generation of consoles last year. Sony has promised technical improvements that would enable sharper graphics, larger game worlds and reduced load times.Read more: Sony Slides After Warning of 30% Profit Drop in Fiscal YearThe coronavirus pandemic has complicated what is normally a carefully choreographed process for introducing a new game system. Sony had planned to deliver a lecture on the PlayStation 5’s technical capabilities during the Game Developers Conference in March. When that event was called off, the Japanese hardware maker instead streamed an hourlong video presentation hosted by the PlayStation’s lead architect, Mark Cerny.The Electronic Entertainment Expo is typically the premier launch event for the biggest game releases. The conference, known as E3, had been set to take place this week in Los Angeles but was canceled due to the virus. Sony had not planned to participate at E3 but arranged a live streaming event on June 4. That was postponed by a week in the wake of global protests against racial injustice that started in the U.S.On Thursday, Sony introduced several games from independent or smaller developers, in addition to big-budget titles. Highlights included Bugsnax, a cartoon game set on an island full of talking fruits and animals, and an adventure game called Kena: Bridge of Spirits. The new version of Grand Theft Auto Online will be free exclusively to PlayStation 5 owners for three months, said Take-Two, the game’s publisher. It debuts in the second half of 2021.The wide variety of games on display could help broaden the PlayStation 5’s appeal and attract younger audiences like those typically captured by Nintendo Co. “Sony showed us a lot of cartoony games, a shift from the PS4 launch when the reveal was dominated by photorealistic games,” said Ace Research Institute’s Yasuda.Sony will face off against Microsoft this holiday season when they each plan to release new consoles. Sony has been struggling to keep costs down for the PlayStation 5, but it hasn’t yet said what the new product will sell for. Partly due to a high initial price tag, Sony is limiting production of the console for the launch, people familiar with the matter have said.Piers Harding-Rolls, an analyst at Ampere Analysis, anticipates the new consoles will sell for $450 to $499. “Higher pricing is actually predicted to have a minimal impact on adoption at launch,” he said. “Within a certain range — less than $500 — price is not a major factor.” Sony will likely be able to reduce the price of the model without the Blu-ray disc capability, said Serkan Toto, a games consultant who runs a company called Kantan Games Inc.(Updates with market reaction and PS4 sales chart)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Walmart, CVS, Walgreens to stop locking up black beauty products
Fri, 12 Jun 2020 00:39:00 +0000
Drugstore chains Walgreens and CVS Health say they will stop locking up beauty and hair care products aimed at black women and other women of color, joining Walmart in ending a practice at some stores that has drawn the ire of customers.

Dow Jones Stocks To Buy And Watch In June 2020: Apple, Microsoft At All-Time Highs
Thu, 11 Jun 2020 20:05:33 +0000
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in June 2020.

4 Stocks That Are Keeping Up in the Online Retail Race Against Amazon
Thu, 11 Jun 2020 19:01:00 +0000
These days, every retailer has to become an online retailer. Target, Walmart and others are showing they won’t bow down to Amazon.com easily.

Dick’s Sporting Goods faces a big problem: Analyst
Thu, 11 Jun 2020 17:09:13 +0000
A growing sports apparel trend is making it increasingly difficult for Dick’s Sporting to “stay relevant,” says one equities analyst.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.