Wal-Mart's most recent trend suggests a bearish bias. One trading opportunity on Wal-Mart is a Bear Call Spread using a strike $90.00 short call and a strike $95.00 long call offers a potential 6.16% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock rose above the $95.00 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 below 20 which suggests that the stock is in oversold territory.
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
The Stock Market Is on Autopilot Again
Mon, 12 Mar 2018 00:52:00 +0000
Stocks have returned to autopilot despite the threat of trade wars and prospect of an inflationary outbreak in the U.S. Here are several things investors must watch out for in the week ahead.
Retail Earnings Bring Bad News for Wage Growth
Sun, 11 Mar 2018 19:04:00 +0000
Wall Street has an eagle eye on margins and is harshly punishing any retailer that reports higher expenses.
Apple is Planning a Cheaper MacBook…And Other Small Business Tech News This Week
Sun, 11 Mar 2018 11:00:00 +0000
Here are five things in technology that happened this past week and how they affect your business. Did you miss them?
Amazon's Free Shipping Is Killing These Companies' Margins
Sun, 11 Mar 2018 01:02:00 +0000
Not even Walmart's or MercadoLibre’s margins are safe from Jeff Bezos.
How Blue Apron Plans to Juice Its Gross Margin
Sat, 10 Mar 2018 18:15:00 +0000
Blue Apron's gross margin has room for improvement, but is management's thinking too short-term?
Also on Market Tamer…
Follow Us on Facebook