Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $105.00 short put and a strike $97.50 long put offers a potential 7.3% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $6.99 would be incurred if the stock dropped below the $97.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Wal-Mart is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Wal-Mart is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Wal-Mart
BJS Wholesale Club Inc — Moody's announces completion of a periodic review of ratings of BJS Wholesale Club Inc
Tue, 18 Jun 2019 21:38:13 +0000
Moody's Investors Service (“Moody's”) has completed a periodic review of the ratings of BJS Wholesale Club Inc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
The 1 Part of Walmart’s Online Strategy That Isn’t Working
Tue, 18 Jun 2019 21:00:00 +0000
The urban-focused Jet.com hasn’t lived up to expectations.
Kroger Reports Earnings Below a 'Death Cross'
Tue, 18 Jun 2019 17:31:46 +0000
The markets will be looking for guidance related to online sales and in-store foot traffic in the supermarket chain's upcoming report.
Walmart adding wireless experts by the holidays, part of consumer electronics push
Tue, 18 Jun 2019 14:19:00 +0000
Walmart Inc. said Tuesday that it will add wireless experts to 600 more stores by the holidays, part of an overall push to upgrade consumer electronics departments. More than 3,000 Walmart stores will have dedicated wireless experts. Walmart also announced that, starting with AT&T Inc. customers, Walmart shoppers will be able to purchase a complete "postpaid" cell phone on the Walmart website. Each carrier will ultimately have its own page for cell phone purchases. Walmart plans to improve its consumer electronics offering nationwide with live product demos, more accessories and additional enhancements. Walmart stock is up 17% for the year to date while the Dow Jones Industrial Average has gained 13.2% for the period.
Amazon Aims to Launch Booze Delivery Services in San Francisco
Tue, 18 Jun 2019 13:45:01 +0000
Amazon (AMZN) is in talks with San Francisco Board of Supervisors for the approval of its liquor license.
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