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Friday, June 20, 2014 10:45:42 AM
also oil prices going up which in turn will affect WFM and probably other retailers (inflation/deflation issues)
pair trade against KR--traders shorting WFM, long KR
WFM better come close to wall street estimates next quarter otherwise this gets really ugly fast. It looks like WFM will eventually test that $35 mark especially if Kroger is doing so well and other competition is taking money from WFM.
i got lucky to trade WFM from $37 to $41 but now i am eyeing $35-$37 range again.
also many other retail plays out there, WMT, TGT, SVU, RAD, SFM, dollar stores and COSTCO!!!
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