Walmart
What to expect from Walmart. I wouldn't buy if I know this.There are a lot of people saying about buying now, giving signals like if there is no tomorrow, like if buying stocks is free... I don't see the point in buying anything for the long term right now because of many different reasons:
1. April Consumer Credit +$38.07BN, Exp. $35.0BN . The revolving credit increase was $17.8BN. The second-highest on record.
When investors devote too much of their cash to equities in aggregate, the market underperforms over the next ten years. This predicts that stocks will produce lower-than-average returns over the following ten years. While you don't have to shun equities entirely, you should adjust your expectations properly. Alternatively, wait for the stock allocation to drop down considerably before buying, which can happen if the market truly capitulates.
The average stock allocation of investors is presently close to 50%, which is the second-highest level in history. Equity prices will fall over the next decade unless investors maintain a larger stock allocation (which I believe is improbable) - by about 4% each year over the next decade.
2. The US consumer sentiment index from the University of Michigan goes back to 1952 . It has never been lower than it is today.
3. Earnings Recession . With the first quarter earnings season nearly complete (97% of companies reported), S&P 500 earnings are down 14% versus Q4 2021 and up less than 1% year-over-year.
4. Critical shortage . The baby formula shortage continues to worsen, with 74% of stores across America out-of-stock (a year ago the rate was less than 5%). 10 US states now have out-of-stocks rates that are 90% or higher, including the most populous state (California).
5. U.S. Inflation
Dec '20: 1.4% (Trump's last full month in office)
Feb '21: 1.7%
Apr '21: 4.2%
June '21: 5.4%
Aug '21: 5.3%
Oct '21: 6.2%
Dec '21: 7.0%
Feb '22 : 7.9% (Putin invades Ukraine)
Apr '22: 8.3%
6. Walmart is making offers in order to sell some stock that they have , which may change the psychology of the clients making them think that the quality is becoming worst and also becoming hard to rise prices in the future.
All these points combined (inflation + shortage + fewer earnings + lower consumer sentiment + people investing money they cannot afford to lose) make me think that investing in Walmart right now can be an 8-10 years trap where you would lose even less by just leaving your money under your bed.
7. The technical analysis neither seems good as you can see. With all these conditions is something expectable that Walmart goes at least to the 61.8 Fibonacci level or even to 55$ per share...
This is not a recommendation for buying or selling, this is just an analysis to make people have a more global vision before falling into the traps of the people that invite you to buy at this level.
Do you have a Reward to Risk ratioIn the world of trading, do you know what a Rw/Rs (Reward to Risk) ratio is? if you dont this article will be beyond your understanding. I suggest you read up on Reward to Risk ratio & come back to read this. If you do know what a Rw/Rs ratio & assume most of you do, we can continue our merry trade discussion ;D
My Rw/Rs ratio for Swing trades that i take on a Weekly (W) chart is factor of 4 to 6, am happy to see more. with my Day trading strategy; am a little more aggressive & will settle for a Rw/Rs factor of 3-4 to take on a day trade.
Once a while, a trade opportunity arises that offer such a large room for Reward to run, as in this (W) chart of WMT WalMart Corp. if the trades goes my way, look at this room for profit to run, with no resistance of supplyzone in sight this can go up.....sweet mama, she got my attention.
First; (Disclaimer) I will never take a trade solely based on a sweet Rw/Rs the odds are not in my favour. Back to the trade. So i have a sweet Rw/Rs ratio what else is going on? Price is crashing into a DZ from the (M) & this DZ happens to be the HL of the month (M) uptrend. This is good, The week (W) price chart is into the long-term chart DZ (Demand zone). This qualifies only if the (M) is still in a technically defined in uptrend. This is a Classic trade set-up I love.
Like a Snipper I set my LNG (long) entry at 117 level slightly above the lower band of the DZ, my entry was so low that my risk was less than a dollar before my STP triggers. I took the Long position, the market rallied & so did WMT, & I closed 1/2 my position once price reached 128, I took a good 10 Rw (Reward) pressure if off. already the trade made its money. & I let the 1/2 of the position run. Lets see how it goes when the market is open on Monday. This was a swing trade using the (W) chart to identify the setup. Long-term would be the (M) chart & I used the (D) daily chart to enter & set my STP.
No Bearish VolumeShort & simple. No, I'm not your bitcoin support group leader. Yes you could be buying at these levels & even at 20K but that's none of my business. What I noticed since looking at the Monthly BTC Chart is that there is no bearish volume to cause real fear. Again, I've been doing this since BTC $800 so BTC 10K doesn't bother me either. Make your own choice but adoption happens during Bitcoin "Bear" markets & we've seen adoption from a few countries around the world. Zoom out & have a nice Memorial Day Weekend.
$WMT Walmart back down to $122?I think we're in the process of seeing a fake breakout above resistance. Over the past few weeks, price has moved up past the $152 resistance, but price looks like it's now rolling over. Upon a break of that $152 resistance on support, it sets up the possibility for price to crash back to the $122 region before finding support.
I've put key dates on the charts for changes in price action, let's see what happens over the next month or two.
WMT BUY BUY BUY Hey everyone! Thank you for being apart of one of the worlds greatest community!!
Now back to business. Walmart stock is way undervalued set up BUY limits at 142.47 and 135.84
And let that ride out until 2025 thank me then. Until now thank you for being here!
I will be selling courses on which indicators I use here on Trade View to be 100% accurate. Stay tuned.
Walmart losing lard off its backside. WMTImmediate targets 130, 128. Invalidation 154
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
WMT: Sell Zone is 164-168Walmart has been on a tear while the broader market has been correcting over the last few days. Walmart is in the heart of its 3rd wave right now, and my price targets for W-3 are 164-168. Once Walmart completes its W-5 up to the 172-175 region, it will experience a correction for about 4-8 weeks back down to the 150s.
bullish continuation of green maribozu (WMT)id love to see this trend continue, and this is a stock that usually follows through on its guarantees. when a strong return to the uptrend is shown, completion of the bull pattern is normally achieved. weve taken out multiple levels of resistance, and if we conti ue immediately we are bound for upper 146s.
WMT- Setting up descending triangle Rangebound for now - 135 has held 4 times since last year.
Selling volume could pick up if it really is going to break down before ER. I expect chop to continue into ER.
Positionally, I think WMT would see ATH with eCommerce and WMT+ membership picking some steam.
$WMT Bearish FOMC Setup 1/6/2022$WMT had a parabolic run up on 1/4/2022 with little to no consolidation. Elevator up means elevator down. It is also about to break back into the triangle trend it was forming. Also Dec 16-17 $WMT fell almost $8 and can also be considered a gap fill for $WMT coming back into trend, as shown by the green boxes. This play is puts under 143.60 (risky) or 143.00 (safe) for confirmation of downtrend break. Sell would be when $WMT touches support lines with only runners after that. $SPY confirmation is encouraged but not necessary because $WMT tends to move on its own.