WMT looks like it presents an opportunity to buy in at heavily discounted prices. To the tune of 20% off. Normally I would be interested in buying nearly anything that is 20% off.
Pull up this chart and look at it on the Weekly time frame. It appears as though our bearish trend might not be over and is just beginning.
Fundamentally I like Wal-Mart and I think that their entry into the meal kit service will present a great opportunity to increase store traffic.
Noticed large institutional buying of WMT in Q4 2017, and although positions are starting drown this likely appears to be a buy and hold opportunity.
I think the retail market will continue to grow in 2018 as we saw the highest retail sales growth in more than a decade (Q3 2017).
Pull up this chart and look at it on the Weekly time frame. It appears as though our bearish trend might not be over and is just beginning.
Fundamentally I like Wal-Mart and I think that their entry into the meal kit service will present a great opportunity to increase store traffic.
Noticed large institutional buying of WMT in Q4 2017, and although positions are starting drown this likely appears to be a buy and hold opportunity.
I think the retail market will continue to grow in 2018 as we saw the highest retail sales growth in more than a decade (Q3 2017).