Thread: Walmart

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  1. #1
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    Walmart

    Blew the bugle yesterday, Weber sounded off as well.
    Consumer goods are in for a wild ride. Buckle up.

  2. Member
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    #2
    Yes they are. I'm tempted by Walmart at the current price, but Q3 earnings are coming up too soon and I don't think they're going to be positive either

  3. Member
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    #3
    Quote Originally Posted by Bassmaster96 View Post
    Yes they are. I'm tempted by Walmart at the current price, but Q3 earnings are coming up too soon and I don't think they're going to be positive either
    Tempting, if we didn't know there was a bottom yet to be found.
    Going to guess WM could drop another 15-20%, or even more.
    US largest employer, something like 10% of consumer sales too.
    Whatever happens to WM, happens to everything & everyone.

  4. Stocks/Investments Moderator boneil's Avatar
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    #4
    I'm kind of surprised how well the market is holding up on Walmart's announcement. I think the market is pricing in a more dovish Fed or a pivot in the near future. Not gonna happen imho. I think we can go much lower. Lots of important earnings this week.
    Thanos was the hero

  5. Member
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    #5
    Bitcoin is gobbling up retirement savings again. Guessing Thursday will be interesting.
    I'd be surprised if the Feds don't move 0.75 next time. Splitting the difference in half.
    While retail is starting to suffer, people are still driving & vacationing. Must be slowed.

  6. Banned
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    #6
    I gambled and bought 95 shares this morning @ 121.29. We will see.

  7. Banned
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    #7
    My little bet is looking pretty good short term.

  8. Member
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    #8
    Quote Originally Posted by Bassfriend View Post
    My little bet is looking pretty good short term.
    Yep, I should have flipped it