Walmart Inc (WMT)

[Nebuchadnezzar]

it is a great long term play, however, the price action would lead me to believe that gas prices, less stimulus money, pull forward might have put a double top in place and not only is this stock a little perplexing, after the FDX news, i think the stock market better start taking some shit more seriously. if WMT cant break back above $150, i think a lot of stocks are going to miss Q3 numbers and if they do beat on EPS, they likely miss on revs and Q4 numbers for many stocks will be lowered. 4th quarter guidance for many companies might be BLEAK.

I think NKE and FDX are major shots across the bow, then there is the DLTR news, the stock ran because they are being forced to RAISE PRICES due to shortages etc.

the congestion at the LA port is insane!!!



get ready for a very volatile few months

some serious money started moving into staples today.. KR CAG ED SMG CLX HRL GIS K CL etc