WMT does it again, gotta love that company!
*Investors Blog*
- Thread starter Warstud
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My MU and AMD 8/16 covered calls will be executed tomorrow (maybe!!). Fine by me! Been collecting premiums every week. What a nice run!! My only explanation for the fat premiums is because the two have been very volatile. Anyway, highly recommended!
You forgot to mention the "eating sand and glad to have it" part.
Smart man. In times of inflation, people will migrate to Walmart discount prices; they still have to eat.
US employment is at an all time high; more people are working than ever before.
All this puts Walmart in the sweet spot.
Seen enough positive technicals on INTC. Bought a little. Bottom fishing, small percentage. F is looking better technically also, but I doubt there will be a inrush of buyers on that anytime soon.
Not only that, even during market crashes, world wide viruses and times of despair Walmart sits pretty, even if the stock goes no/where during those times, the stock still shines because it doesnt get whacked with the rest of the market downturn.
That looks sweet. Wish I had the guts but I lose sleep over stuff like this *LOL*
I guess Im just not cut out for it like others who at times make a killing.
Exactly. Walmart does well in all economic times, but increases customers in times of inflation because people cannot afford their "normal" stores. They migrate to "value" over a fancy store front.
As money floats to the top, the working poor continue to go down the economic ladder. And nothing stops rich people from shopping their either.
There's a reason Walmart is the biggest retailer. While Amazon has changed the game, Walmart is dominant and is even challenging Amazon in the Internet sales model.
From the WaPo: Surprise jump in retail sales casts aside recession fears.
Interesting times, amazing times, we live in.
Interesting times, amazing times, we live in.
JHZR2
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I'm taking a bath on INTC and the fundamentals don't look great, but I think I'm just stuck in the position now.
JHZR2
Staff member
For now, sure. But that’s why I’m saying it’s a 30 year value proposition.
JHZR2
Staff member
I mean, you can pick the headline, or quote the details.
For example:
Major companies including Home Depot, PepsiCo and Disney, have warned recently that consumers are cutting back and trading down. Credit card delinquencies are rising, especially among low- and middle-income households, an indication of growing financial strain.
“Consumers are still spending, but they’re also being more selective,” said Diane Swonk, chief economist at KPMG. “They’re saying ‘I’ve had it with high prices’ and are making trade-offs where they can.”
Cash poor folks keep spending on their credit cards and about to max them out.
Seems like people have no worries about their credit card balances.
I still believe the economy is not as strong as the people on CNBC say it is.
Yeah, all my accounts are hitting new highs and I’m getting very antsy.
Seems like people have no worries about their credit card balances.
I still believe the economy is not as strong as the people on CNBC say it is.
Yeah, all my accounts are hitting new highs and I’m getting very antsy.
Sure, the devil is in the details. But the headline and details are very good news.
We are experiencing a soft landing; the chance of recession is less and less. This economy is so resilient.
Of course spending habits are changing; Walmart numbers show that.
The bottom line is the US economy is strong. Spending activity is strong and employment is outperforming expectations.
The economy is also expanding quickly, with unemployment remaining low and the rate of inflation slowing from its peak. The CPI reported that prices for groceries, airfares, appliances, and cars were falling, and wages for all employees increased slightly.
I believe more Americans are in the workforce than in many years.
Just a few years ago a recession was expected by most economists; many felt it was necessary evil to enable recovery. The rest of the world economies have fared far worse then the US economy.
We are worlds away from that now.
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Yes CNBC definitely has an agenda to push. Bloomberg even more so.
Why stuck? Can't you trade out?
Agree on the economy in my part of the country anyway.
Walmarts great numbers though are through growth, not just people flocking to low cost savings. Though that is significant in the sense even when higher income earners start going to Walmart they stick with it.
But a key growth area is they are killing Amazon with their online growth, Notably groceries.
Walmart will control 27% of online grocery sales this year. Amazon will be down to 18%
The notable part is this is a complete reversal of market share for the two companies from just 10 years ago when Amazon controlled the market
I am not saying which is a better company, that’s impossible as they have other investments
Interesting read
https://www.retaildive.com/news/walmart-amazon-grocery-ecommerce/700669/
JHZR2
Staff member
No doubt wmt has much to gain in online sales.
It’s funny. WMT is the last place I’d go for groceries. For generic canned and bagged garbage (much of which is poison for people) WMT is probably ok.
Their meats and produce, you know, real stuff, is nowhere as good as regional chains, and certainly not as good as Whole Foods. Problem with Amazon/Whole Foods, is you pay a lot more…
