Walmart Inc (WMT)

[mdb1]

I think incredible numbers considering WMT raised wages (biggest cost for retailer?). Internet increase and DELIVERY services competing with AMZN.
-->the two gorillas are fighting it out and both are winning over others<--

[mdb1]

WMT has gone down to $90 every time it has gone over a $100 (109, 106, 103, and several just over $100). So there is good chance, it does it again.

[@LiftedCapital]

GOOD MORNING IM LOOKING TO SHORT THIS PIG TUESDAY!!!! WHY FOLKS ASK .... BECAUSE WALMART IS FUCKING G@Y EOM!!!

[mdb1]

I'm guessing only. But i think after 6 times/tries, the $100s should take.
WMT earnings and internet growth (Walmart, Jet, Sams) more than deserve the $130s, but so far it has always retreated back to $90. Surely it will go to $130s this time (but it probably will fall back to $100.)

Go next week & a couple more weeks.

[discodave1]

It would need to blow thru earnings for it to maintain 100s. I mean stellar numbers are needed or it retraces. All i can say is the idc i use to work at for wmt is currently on limited staffing. Hours getting cut left and right so not sure if its a cause for alarm

[mdb1]

Hit $100 today. Next week should be interesting. Is $120s even $140s possible next week or will it plunge AGAIN to $90s?????????????

[stockchaser64]

WMT stock if it can hold above 100 we will buy a block of shares for then we believe the target short turn will be around 120. have A SAFE and long weekend take care

[mdb1]

I "feel" like WMT will hit $120s and then drop below $100 again.
Funny thing is it should be in the $300s imo.

[stockchaser64]

WMT stock will be more attractive for a buy if it can break through this 100 dollar mark . ON our watch list take care

[mdb1]

5th (?) try is the charm? Good luck.

[discodave1]

I plan on selling after earnings good or bad. Should hit low 100s this wk

[mdb1]

Any takers for $120s next week (ha, ha, ha). More likely back to $90 again.

[mdb1]

So far, everytime WMT hits $100s, it drops to low $90s (or $89s). Will it do it again??????????

[discodave1]

Nice run up last few wks. But unfortunately I believe this will be the last one for me I think I may sell this ho after more than a decade. Got a feeling earnings can go either way In February. Not sure to sell prior or after

[mdb1]

You were right. WMT hit mid $80s, before bouncing back to $95s. Boy was I ever WRONG!!!

[wagner]

95 still a bit resistence

[wagner]

Nice confirmed
A nice start in the week

[wagner]

Little breakout by chart on the way...

[stockchaser64]

WALMART stock I am neutral on this stock

[wagner]

https://finance.yahoo.com/news/4-reasons-why-walmart-wmt-204508635.html

Strong buy in 2019
Good market position, even digital

[wagner]

Next week 10x

[mdb1]

WMT share price makes no sense. Before dropped to low $86s following market directions; now refuses to go down from $92/$93s even as market drops over 2%. What???

[mdb1]

$85s anyone: US Market crash. Gift from Santa or the Fed?

[mdb1]

$88s we are here and appears still DROPPING.

[mdb1]

WMT $.07 UP. Yes actually UP

[mdb1]

Where is the bottom WMT? $80s? WMT has to be killing it over Christmas and toy sales. Is this a market crash happening with full employment and rising wages?

[mdb1]

How far is WMT going down? Is there any support level against this market correction/crash(???)? I thought (dumb me) $92s was the worst that could possibly happen. Ha, Ha, Ha.

[mdb1]

Feels like a ferocious BEAR MKT to me trampling stock left and right including WMT (the GRINCH got WMT - This is the bad GRiNCH)

[mdb1]

Timber; WMT @$91s.

[mdb1]

WMT was headed to $100, then got CRUSHED by Stock Market correction.
Now WMT can't get out of $92s.

[Triple nickle]

Closing US stores and selling UK end of the market
Not good
72.85 coming

[mdb1]

WMT showing strength. So maybe you are right.

[mdb1]

It's only $2.50 to the $80s from $92.45 (hit yesterday). But who knows. I can't believe it hit $92s.

[Orko]

Dont think so

[mdb1]

WMT going to low $80s?????? Market ignoring ALL GOOD news.
Timber!!! Timber!!!!!!! Timber!!!!!!!!

[mdb1]

Nothing safe from this market ??crash?? - or is it just a correction.
it sure feels worse than a correction to me.

[discodave1]

Yep gotta feeling it will hold too. I will sell this time

[mdb1]

Feels like WMT will hit $100s again soon. $120s coming???

[mdb1]

Best weekend for retail and WMT tanks. Go figure. At least AMZN reacts to good news up over $90s.

[mdb1]

WMT: $93, $94s, $95s, ..???

[mdb1]

Amazning: Mkt DOWN & WMT UP, UP, UP
Impossible .. Impossible

[mdb1]

Last Q, WMT started bouncing up from low $92 to $94s (from $102s). This time WMT is still drifting lower to $93s (from $106s) and there is no upward momentum whatsoever.

Signs of a coming BEAR market for Shares of WMT? Down nearly 15% from all time high near $110.

[mdb1]

WmT can't get out of $93s (maybe it's going to $80s???!!!???)

[mdb1]

Great earnings and WMT falls 12% to $93s from $106+ and right before Black Friday and Christmas sales with no unemployment and the ecomony booming and gas prices are even way way down.

How in the world can WMT be down 10 - 12% in this booming economical USA retail environment and gas prices dropping to boot????!!!!????

[bsdvs23]

$WMT: Retail sector finished at the lows with several retailers missing earnings or providing mixed results with inventory and logistics. $WMT must hold the 94.07 to avoid potentially retesting 91.00 and closing towards filling the gap.

Side note: Target was a huge weight on the retail sector, despite revenues, customer traction and digital growth up! This unjustified selloff triggered others (like $WMT act bearish). Even with $WMT having solid earnings - bear market corrections are selling off good news and doubling down on bad news. Expecting the Santa Claus rally to go into affect next week, after G20 and/or Fed remarks on reducing the aggressiveness on interest rates.

From a broader market perspective; NASDAQ appears to be the strongest out of the indices. Several tech stocks reversed into positive sentiment and held. Granted the markets are still in correction - tomorrow feels like a bounce going into next week. Speaking of next week the G20 is happening; whole world and markets will be watching closely on a potential deal or compromise between the U.S. and China trade/tariffs topic. A deal could be the trigger even to form the market bounce; however, the potential bounce may not actually happen until the Fed speaks on the interest hike in December. Expecting another res test of October Lows and even possible retest of February Lows (broader market).

Keep note of those companies who provided solid revenue figures, internet growth/traffic, etc.

[discodave1]

Down today on target earnings imo

[mdb1]

WMT is the growing, profitable, INTERNET, brick-mortar
GIANT GORILLA who just went down over 9% from $106+ to $96s.
maybe down 11% if it goes to $94s

it should have to to $120s and BEYOND; come on

[bsdvs23]

The most obvious is the global markets are in a bearish correction. The U.S. began this correction near the middle of October when there were signs of several sectors and major indices topping out. The rallies leading the market to these high-valuations was led by Tech. Tech is the dominate factor in the market and are the heaviest weighted across the indices, sectors, and investment portfolios. Institutional Money has been rotating out of Tech into other sectors (safety havens) like utilities, consumer staples.

As for $WMT, it rose ~19% since the earning report in August and is currently ~10% off it's recent high at the close of yesterday), which is better than most companies can say. The next support level for $WMT is the $90.00 area, should the selloff and retail sector continue to be under pressure.

The economy is booming; however, it you look at the past few months you'll see/hear a lot about companies buying back stock. In fact, buybacks have increased dramatically. These buybacks are misleading the growth of the companies and their earnings. Conclusion, the earnings and growth cannot sustain (buybacks eventually catch up to the market and growth valuations). Sooner or later, the companies cannot continue to meet the expectations of wall street. We began to see this when the Tech sector started missing earnings.

To add fuel to the fire, I've been watching the correlations between the strong U.S. Dollar and 10-Year Treasury against the major markets and fear gauge. When the $ and Treasury rise the latter falls. This is also relevant to the interest rate discussion, which continues to rise and is hurting the housing market (builders) sector.

In conclusion. The U.S. Market is not just driven on how successful the economy looks on paper. There are many global dependencies that feed into the market. I wouldn't look at this as a Rep/Dem discussion. For me, I only depend on what the technical's are doing across all sectors of the U.S. Market and understanding how the Asia, UK, markets are behaving, which ultimately has an impact on the U.S. Futures. Those then drip-down into sectors and individual stocks. If the individual stocks (like Apple) carry a huge weight - their behavior can have a significant impact to the broader market. Keep an eye on Tech! I do expect retail to turn-around, but it's going to be a 4th Quarter shopping event.

[mdb1]

Only downer is stock market is mini-crashing (as least it feels like it). How is that even possible with the economy BOOOMING; wages way UP; no unemployment. Oil is even going down to temper inflation.

Perfect economic conditions EXCEPT for the stock market (because of huge DEMOCRATIC wins in midterms????).

This is the prime retail season with up to 35% of all sales for the year.

WMT should have gone to $120s; instead it is in the $96s. Go figure. This is nuts imo, imo, imo, ..

[bsdvs23]

Bullish on $WMT. Retail sector has been beat-up more than most of the market. Too much focus on Tech and Apple in this market; most are missing the potentially largest holiday season ever (coming) with consumer sentiment at the highest levels, ever (I believe).

Loading up on Retail stores today; especially as piggybacks off the earnings for $TGT. $WMT is an EASY $100 target short-term.

In my opinion, this is the last week of the bearish correction for retail and money flow will reverse from the consumer staples and utilities back into Tech and Retail.