Reddit Posts
$TWOH Looking good into 2024 and beyond!
The biggest lesson that I've learned in my 10 year investing career.
EARNINGS TOMORROW; GET IT WHILE IT'S CHEAP $NEGG 🫡
Consumer Behaviors: Deloitte predicts that e-commerce sales will increase between 10.3% and 12.8% this season. NEWEGG!!
Anyone use AI prediction to pick or manage stocks / portfolio?
$WMT fall 7% but this new AI-based investing app rates it buy with 9.3/10 score...what do you the pros here think of their stand?
Chicago considers emulating city-owned grocery markets that compete with stores like WMT and DG
Chicago considered emulating city-owned grocery markets that compete with stores like WMT and DG
Avenir Wellness Solutions™ $AVRW Skin Care Products are Sold at Major Retailers Including Walmart $WMT, Target $TGT, CVS Health $CVS, and Amazon $AMZN
Sell puts on Consumer staples, and utilities stock.
Trade Journal & Technical Review of September + Look Ahead for October
App to research stocks and etfs + history of said securities?
Why is Walmart (WMT) doing significantly better than Target (TGT) when they're doing the same thing?
“Asset Protection Champions: Companies Safeguarding Your Wealth” – SWISF, BB, IRNT, AZ
Earnings Tomorrow: CSCO & WMT Earnings Moves Recap
Why I believe TJX, which reports earnings this week, is a good stock pick
BUY $WMT AND $MCD IF YOU LIKE MONEY & FK WIT RUSSIA
Walmart Insider Selling Raises Concerns - Time to Worry?
Walmart Insiders Selling Billions in $WMT Stock: Should Concern Arise?
Walmart insiders offloading billions in $WMT stock - Should we be worried?
Morning Briefing 🌞 June 30th 2023
$BOF new Peru manufacturing facility with help increase production and the bottom line
BranchOut Food Inc. Secures Major Supplier Contract with Walmart
$TGT's investor hate-wave is a nothing burger.
LEAPS on heavily beaten down cyclicals like CVS and TGT
Market Recap - 5/18/23 - I know shits crazy but oof
Solid quarter from $WMT. Sales up, margin up, now at 25x ‘24 flattish EPS guide
IRS New $80B Funding Plan, Job Cuts Pass 89,000 in March, Robinhood $10M Fine, and Much More! | Morning Tendies Daily Stock Market Summary
IRS New $80B Funding Plan, Job Cuts Pass 89,000 in March, Robinhood $10M Fine, and Much More! | Morning Tendies Daily Stock Market Summary
IRS New $80B Funding Plan, Job Cuts Pass 89,000 in March, Robinhood $10M Fine, and Much More! | Morning Tendies Daily Stock Market Summary
Walmart insiders have dumped $5.3 billion in $WMT stock this month. A nearly 500% increase from last 3 months.
Senators urge pharmacy chains to ensure abortion pill access (NYSE:WMT)
Daily U.S. Stock Market News Flash (Wednesday, March 8)
Walmart Health (WMT) to build clinics in Phoenix, Dallas, Houston, Kansas City - Phoenix Business Journal
WMT Stock: $169 Price Target Received
Walmart (NYSE:WMT) Raised to "Strong-Buy" at StockNews.com
Walmart (NYSE:WMT) Is Increasing Its Dividend To $0.57🥳
Walmart Inc. (NYSE:WMT) Q4 2023 Earnings Call Transcript
Walmart to Close Two More Stores - Adding to a Growing List
Is Walmart sandbagging guidance? Their comparable sales guidance seems unreasonably low and based on 'vibes' about the macro situation.
🍗 Most Important Earnings from Before the Bell Today
🍗 Most Important Earnings from Before the Bell Today
ETFs to Watch: Retail, housing and chips in focus with earnings from WMT, HD and NVDA
Earnings week ahead: Walmart, Nvidia, Home Depot, Alibaba and more (NYSE:WMT)
Walmart is stepping into the hallucinogenic drug market. Calls on WMT
Buying OTM strangle with 2-3 day exp. 2 days before earnings release to profit from higher IV.
Walmart plans to expand Sam's Club for first time since in five years (NYSE:WMT)
Last trade of 2022, $16k what to buy and hold? $googl
That moment when WMT and TSLA are priced ~ the same based on P/E
Just a reminder, WMT beats the S&P index during recessions.
Present Value of Stocks/Crypto/PM’s if you bought $1,000 worth a year ago to date.
Kohl's Corporation (KSS) is scheduled to report its earnings on Thursday (11/17). Do you think KSS will beat earnings estimates like its fellow retailer WMT, and reach $40 or above on Thursday (11/17)?
~10K WMT Puts YOLO, Weekly @ 135.00 Strike.
Ocean container spot rates are down. How much will it affect this week's retail earnings reports (WMT, HD, TGT)? Better guidance?
Walmart ($WMT), Target ($TGT) and HomeDepot ($HD) Earnings
Mentions
"and if you listen to the headlines, you’d think this company is about five minutes away from bankruptcy. " In 2014, a handful of restaurants went public because people wanted the next Chipotle. I don't think any of those is above where they went public, some were taken private at below IPO price (including Zoe's Kitchen, which eventually became part of CAVA.) I remember in 2015 when SHAK went public and people were hyped up for it. 10 years later you could have done much better and with less stress by owning the SPY or even WMT. SHAK is up about 80% since IPO and has had three 60%+ drawdowns and a few 40%+ drawdowns. In 2021, PTLO went public and while it was more of a regional thing it was beloved enough that people thought the concept would travel well and spread to other areas. It went up some initially...and then has proceeded to lose 90% in pretty much a straight line. Needless to say, it didn't travel well. BROS has ultimately gained against a weakened SBUX, but how any people sat through the 70% drawdown from the 2021 high? Nobody's saying SG is going bankrupt, it's just the experience of owning a premium restaurant concept that does well when the economy is doing well and is something you want to not be anywhere near when it's not. SG's history as a public company: -90% drawdown off the 2021 IPO, +560% off the 2023 low, then now down 83% again. While not apples-to-apples, for all the hype over SHAK you've had 10 years of volatility and not much to show for it. What's keeping the next 10 years of this being "the best of times, the worst of times?" like it has been as public company - huge volatility and great if you can catch the bottoms but not something that's ultimately a good long-term holding? The K-shaped economy situation you mention is important and while *perhaps* temporary I wouldn't handwaive it away - how long does that go on, how much further does it spread? CMG is down 40% this year, CAVA down 62% from its bubble high earlier in the year. It's not just a SG issue. "There is a massive "Trade Up" happening where people are leaving generic fast food for "clean eating." Sweetgreen is perfectly positioned to capture the demographic that views lunch as a health investment, not just calories. " I think this is a smaller audience than your thesis needs it to be. "The biggest bear case right now is that Sweetgreen is just overpriced "slop" that consumers are abandoning. " I don't know that it's overpriced slop but there is a price point for anything where enough people are going to start to seek alternatives/trade down/etc. There is absolutely a price ceiling for salad bowls, burritos, whatever where you will start seeing people say no, or cut back. If you like restaurant automation, you may want to take a look at Circus SE in Germany (I'm not long but something you may find of interest.) I don't see SG as a zero and I don't really think I've seen a lot of people online who do - I just think the reality for this stock is that it's going to be something that does well when times are great and it's not something you are going to want to own when times are less than great unless it's down massively and you think you can pick the turn in the economy.
Wife go upset I was lasting too long during bj and she told me to turn on some freaky stuff I like to get going on the hub but I thought it would be faster if I looked at my WMT shares and she got all upset and shit
If you're just buying and holding buy some WMT. Improving online purchasing, only using "AI" to further streamline inventory tracking and usage, increasing revenue from groceries where 75% of their product comes from the USA. Some people trash dividend stocks because "they don't increase because of the dividend". WMT is one of those exceptions. Just paid their quarterly dividend of $.235 per share and it's up 24% over the last year. WMT also likes to split when it's share price gets too high with the last one being a 3:1 split at $175. The craziest part about WMT stock is for the people that bought in and held early on. You had to buy in lots of 100 back then so a minimum buy in was $1650 at the IPO in 1970. That was the price of a new sedan at the time but holding those 100 shares until today would mean 614,400 shares now after splits with a total value of $71,639,040. The dividend payout from yesterday would be worth $144,725 with a maximum tax of 20% so a take home pay of $115,779 for this quarter. I hate WMT for what it did to my small town in the 90s and for how it treats their workers. I do however really like the stock.
Consumer staples have almost never been this cheap as a sector (notwithstanding the overvaluation of COST and WMT). The tech sector has rarely had valuations as high as they are now. AAPL at a P/E of 37? C’mon. I’m in favour of buying the equal-weight S&P 500 (RSP) instead of VOO.
MSFT Amazon WMT Netflix Google Apple India
WMT is the best retail stock
WMT outperforming the market this whole week is objectively hilarious.
market down but WMT up
Space data centers! Infinit growth! We could theoretically put stores for MCD, AALL, and WMT around every planetary corner! Holy shit SPY literally to 1000000 by next year this is WILD
WMT is one of those dividend stocks that also goes up. Must have retail in non gambling account
Counter point: $JNJ up 45.82% $LLY up 29.73% $WMT up 28.36% $GS up 58.45% $CAT up 73.89% Tech Stocks $NFLX up only 6.11% $META up only 8.92% $AMZN up only 4.57% It's hard to pick individual winners. Sometimes it is better to stick with sector ETFs. For example, $FBCV (blue chip value stocks) up 15% for the year. Not that far behind the SP500 which is heavily driven by the Mag7. Blue chips are likely to hold up better in a major economic downturn or an AI bubble pop. Diversify. Don't put too much into one sector, or one stock. For every winner you pick you are just as likely to pick a loser that offsets your gains.
Loving how you put NVDA in the same pile as COST, WMT that are massively over valued
WMT is absolutely Consumer Defensive. So is Costco.
Their core customer base is selling low price consumer staples. So yes, they are a classic defensive strategy. I'm not saying the PE is a good value now. But I think if an actual recession does come, WMT will perform even better.
I've done really well with WMT in the past 2 years.
What do you mean? It's totally normal and no big deal for *grocery store chains and retailers* like COST and WMT to have PEs of ~50 and 40 respectively
GOOGL overall trend is down, not up. Lets swap ideas & inverse each other, I went short on WMT today & bought puts too.
V, BROS, GOOGL, and WMT calls. You're welcome
The difference is i can be 99.9% sure COST and WMT earnings will still be there in 10 years from now. Nvidia earnings can literally rug to 0 tomorrow if people suddenly realize AI is only good at making meme videos of dancing cats If you don't understand something as basic as cyclicality risk stick to index funds before you lose everything.
No, its undervalued and WMT and COST are extremely overvalued.
When I started out, it was hard to understand all the terminology and numbers on Yahoo Finance. So I really just went to the big names, looked over their historical numbers, and went from there. Ultimately started off with AMZN, WMT, NVDA, and then have been going more towards the SP500 ETFs as I haven't had the time to do individual stock valuation and research.
Agree. Apparently many here don't know that WMT gained 20% in 2008 debacle.
To be fair retailers have historically had PE ratios much lower than other industries due to cyclical sales, seasonality, and low margins. Seeing COST and WMT at these levels isn’t normal.
WMT now part of SPY and QQQ
WMT with a higher forward PE than NVDA. Make it make sense.
Whats up with $WMT at $113.55? I dont think Ive seen a more regarded 1min chart.....
$WMT has been a gold mine for me since last year. Don't talk about it too loudly here. I don't want it to get the WSB kiss of death.
WMT is now trading on Nasdaq
WMT gonna be the next 1T company
Ordered 4 things from WalMart yesterday for $40 and got free same day shipping on all of them, but they were delivered by 3 different drivers. $WMT puts is my play today.
Pull into a Walmart parking lot on any day, and you will see why I am a forever buyer of WMT stock. Always packed. Always. Decent prices, they deliver groceries, can order online like amazon. This stock will continue to rise
Not a hidden gem, but WMT has been a slow and steady gainer for the past 20 years. Its biggest competitors are Target and Amazon. Target looks like it will eventually be going bankrupt. Walmart appears to be eating Amazon‘s lunch when it comes to online retail. I have very high hopes for it long-term. It’s not sexy, but I think it’s a safe play. Does well when the economy is doing well, and seems to be a good ballast with the economy is doing poorly. Not financial advice.
Really it depends on how much money you’re talking about and what that sum is in relation to the rest of your net worth/holdings. If this is everything you own, then sell all of them and put that into something like VOO or diversify into other stocks like AAPL, GOOGL, WMT. If this is just a sliver of your holdings, then keep it and see where the dice roll takes you. Also, if you happen to own 100 shares of any of these, then sell covered calls to generate some revenue for yourself on the positions, which I love to do if I’m in profit
I was actually looking at WMT chart earlier. During the DOT-COM bubble it was right at $58 on June 30, two months later on August 31st it was below $16. The Ai pop will be brutal.
WMT leaps. People are poor, businesses is boomin’
the rug on WMT is going to be brutal
At least my WMT calls are green
There's a variation on selling early that's cost me a lot. Buy at a nice low price, thesis is simply that stock or sector is out of favor for any one of a number of reasons that happen all the time. Stock shows some sign of life, fails at prior highs and falls back to around where you bought it. You go, welp, I guess not. And sell it. Some time later (varies, could be short amount of time, or a year), finally catches a bid, has good results, breaks out, doubles your price. Recent examples: WMT, IBM, both bought in the, 120's failed in the 140s, now both over 300 split adjusted.
High quality compounders like WMT, MS quietly hitting new ATHs.
they should start worrying about the valuation biggest disparity between $WMT and $cost maybe ever
Why do you guys never talk about WMT
PE is still 49… even higher than WMT
WMT is a tech company now and Amzn is a retail 🤣
In 5 years, AMZN has gone up 42% In 5 years, WMT has gone up 125%
WMT get told to eat the tariff and the share continues to go up yet tariffs are hurting other companies?
"As Wieser has pointed out, the company’s struggles have less to do with internal missteps and more to do with shifting external forces. The Trade Desk is still a formidable operator, but programmatic advertising has matured into a commoditized and forever competitive baseless. With $12 billion in gross ad spend already flowing through pipes, the real challenge is clear: where does the next $12 billion come from? If CEO Jeff Green has an answer, he hasn’t shared it yet. A fifteen-point turnaround plan doesn’t exactly exude confidence, and it collides with three fundamental challenges. First, the CTV market remains deeply fragmented, making it difficult for The Trade Desk to secure large swathes of premium inventory. Second, the future of third-party cookies — critical for tracking, targeting and optimizing programmatic campaigns — remains unresolved. **And then there’s Google, which is quietly rearranging the web with AI Overviews. If users get their answers directly from Google’s summaries rather than clicking through to actual pages, the digital real estate available for The Trade Desk to buy ads shrinks.**" (https://digiday.com/marketing/the-trade-desk-stumbles-and-the-ad-tech-world-cheers-maybe-too-soon/) A day or two ago: https://digiday.com/media-buying/the-trade-desk-loosens-its-grip-on-pricing-amid-buyer-pressure/ (The Trade Desk loosens its grip on pricing amid buyer pressure) _______________ There's a few different issues but imo a key one is that much of Trade Desk has been this sort of "we're for the rest of the internet" vs the "walled gardens" (Meta, Google, Amazon.) Feels like the walled gardens are increasingly competitive/winning and AI means less traffic for the rest of the internet. I don't think it's a 0 but it's just not the same story it was. Not something I'd bet on but the way things are, perhaps OpenAI takes a look at it to buy ad tech. Other than that, just feels like a continued concern over the impact of AI/traffic for the rest of the internet and a continued battle with mega cap techs, particularly Amazon. Trade Desk had an exclusive partnership with WMT for years, but WMT changed the exclusivity aspect of that not that long ago (https://advertisingweek.com/walmarts-trade-desk-split-why-it-matters-for-retail-media/)
I've been beating this drum for a while. COST, WMT and AMZN going to win the inflation wars easily.
nobody talks about $WMT enough here...
WMT is going to become the next trillion $$$ company by EOY. Then JPM will follow next year.
WMT is the best stock of all time baby
A stock that pays a dividend but still goes up in value like WMT, GOOGL or MSFT
Not worried. Just had this thesis develop in my mind since April about used car market and I’ve been checking on $CVNA to see what it did, I went opposite of what I cooked up in my head. $KMX on the other hand is playing out pretty much exactly as I thought, I guess, I posted this b/c I wanna try n check myself. And maybe understand why there is such a massive difference between the stock action of the two companies. I guess it’s like $WMT and $TGT, one has there sht together and one is out of touch.
I’m also in on WMT. Recent reports that even the upper middle income bracket are shopping at WMT = bullish.
I'm up 102% on WMT equity position though, not options because I'm gay
WMT going to surpass NVDA at this rate
Man I got a lot of hate for saying market breadth is improving lol. It’s not all in tech. Look at WMT and AEO. Breadth is expanding out and not just in AI
$AMZN $WMT US holiday online spending hits $23.6 billion in three-day spree, beating expectations despite inflation
Same. I sold lots of covered calls (DIS, WMT, LUV, ARR, NYMT, too many to remember) and my 100 or 200 shares of NVDA got called away for $7 in 2018.
WMT is the play, my May and June calls are printinggggg
Should have bought WMT but no. I bought Amazon
>AMZN and WMT both popped today. No.. they haven't. Has anyone else noticed that these AI bot posts always bullshit this lol?
WMT is at a staggering ATH. For some, this is your que to buy calls
Well, trading and investing are two different things. Investing even the winners can be losses if you’re not automated. I’ve seen people do great just auto buying their one favorite company: Apple, MSFT, TSLA, WMT, whatever. But they buy auto and don’t sell unless they have something urgent to pay for. Plenty of people start thinking: it is likely due for a correction, better cash out and buy that boat… there is all sorts of stuff. The problems get much bigger as the money gets much bigger. The emotions get heavier. 15% of 20k is easy to stomach, the same percentage of 2 million might take years off your life in stress. Success is a rarified air. Have to get accustomed to it.
Got some, too. Black Friday was a record year for online purchases. Walmart also has a big online component. Anecdotes were saying the WMT stores were empty, though.
Got WMT before earnings and it has been nice
Honestly my best investments were due to a motley fool article... invest where you spend... I spend my money on Costco, WMT & MSFT. I bank with JPM. Great results.
KSS and ANF have ripped up 50% in 2 days. WMT is up 8%. ROST up 12%. TJX up 5%. Been a good few weeks for Consumer staples.
Ah yes, WMT the famously fast growing tech company that is trading at a forward PE of ~40, much higher than MSFTs of ~30. Here’s the real bubble folks.
Feels like irrational exuberance in here. Shiller PE back above 40. You know what happens next. The economy is slowing down. HP, Apple, and GM all announced layoffs this week. Bolz running into the slaughterhouse with enthusiasm, promises of money growing into the sky, while companies like WMT barely increased revenues when factoring in inflation. TGT is expecting sales decline for 4th quarter, the holiday season. “Bers lose again!” The Bolz scream, as their paper gains are about to become realized losses when the sell to pay for their trip to the clinic for the Chlamydia they caught behind the Wendy’s.
I'd prefer to buy WMT that has positive price momentum
HOOD before earnings that one really grew that account a lot. I kind of do a modified LEAP and do contracts that are about 3 months out and usually they’ll hit my profit target within a week of holding and I’ll either sell the contract or take profits by rolling it into a different strike price. GOOG also is what got me into LEAPs and then AMD in the summer time as well. Right now my only positions are Feb calls WMT $115 (+35%) and NVDA $190 (+7%) which NVDA I think might be a little risky right now so I will likely exit that one early I haven’t sold any options just buying. But I don’t hesitate to sell a position all of last week I sat on cash bc I didn’t have confidence with the way the market was moving.
WMT is eating AMZN’s lunch in retail sales No 🧢
WMT is doing some death by 1000 cuts.
I'm playing SYM earnings with 500 shares \[IV is nuts and volume is low\]. Given their WMT relationship and WMT earnings were good, and retailers needing to compete with WMT and AMZN, they have me temporarily interested.
WMT is just beginning to take off and will be competing with AMZN. Up nicely yesterday, but that is nothing. WMT is moving to NASDQ in two weeks… why you ask? They are going all in to complete online using AI to compete w/ AMZN. Stock is going to skyrocket. $150, $200, $250 +. Do you shop at Walmart?? Doesn’t everyone?? That’s all you need to Know !!
WMT is just beginning to take off and will be competing with AMZN. Up nicely yesterday, but that is nothing. WMT is moving to NASDQ in two weeks… why you ask? They are going all in to complete online using AI to compete w/ AMZN. Stock is going to skyrocket. $150, $200, $250 +. Do you shop at Walmart?? Doesn’t everyone?? That’s all you need to Know !!
WMT is just beginning to take off and will be competing with AMZN. Up nicely yesterday, but that is nothing. WMT is moving to NASDQ in two weeks… why you ask? They are going all in to complete online using AI to compete w/ AMZN. Stock is going to skyrocket. $150, $200, $250 +. Do you shop at Walmart?? Doesn’t everyone?? That’s all you need to Know !!
WMT is just beginning to take off and will be competing with AMZN. Up nicely yesterday, but that is nothing. WMT is moving to NASDQ in two weeks… why you ask? They are going all in to complete online using AI to compete w/ AMZN. Stock is going to skyrocket. $150, $200, $250 +. Do you shop at Walmart?? Doesn’t everyone?? That’s all you need to Know !!
WMT is just beginning to take off and will be competing with AMZN. Up nicely yesterday, but that is nothing. WMT is moving to NASDQ in two weeks… why you ask? They are going all in to complete online using AI to compete w/ AMZN. Stock is going to skyrocket. $150, $200, $250 +. Do you shop at Walmart?? Doesn’t everyone?? That’s all you need to Know !!
WMT is just beginning to take off and will be competing with AMZN. Up nicely yesterday, but that is nothing. WMT is moving to NASDQ in two weeks… why you ask? They are going all in to complete online using AI to compete w/ AMZN. Stock is going to skyrocket. $150, $200, $250 +. Do you shop at Walmart?? Doesn’t everyone?? That’s all you need to Know !!
WMT is just beginning to take off and will be competing with AMZN. Up nicely yesterday, but that is nothing. WMT is moving to NASDQ in two weeks… why you ask? They are going all in to complete online using AI to compete w/ AMZN. Stock is going to skyrocket. $150, $200, $250 +. Do you shop at Walmart?? Doesn’t everyone?? That’s all you need to Know !!
WMT is just beginning to take off and will be competing with AMZN. Up nicely yesterday, but that is nothing. WMT is moving to NASDQ in two weeks… why you ask? They are going all in to complete online using AI to compete w/ AMZN. Stock is going to skyrocket. $150, $200, $250 +. Do you shop at Walmart?? Doesn’t everyone?? That’s all you need to Know !!
WMT is just beginning to take off and will be competing with AMZN. Up nicely yesterday, but that is nothing. WMT is moving to NASDQ in two weeks… why you ask? They are going all in to complete online using AI to compete w/ AMZN. Stock is going to skyrocket. $150, $200, $250 +. Do you shop at Walmart?? Doesn’t everyone?? That’s all you need to Know !!
WMT is just beginning to take off and will be competing with AMZN. Up nicely yesterday, but that is nothing. WMT is moving to NASDQ in two weeks… why you ask? They are going all in to complete online using AI to compete w/ AMZN. Stock is going to skyrocket. $150, $200, $250 +. Do you shop at Walmart?? Doesn’t everyone?? That’s all you need to Know !!
WMT is just beginning to take off and will be competing with AMZN. Up nicely yesterday, but that is nothing. WMT is moving to NASDQ in two weeks… why you ask? They are going all in to complete online using AI to compete w/ AMZN. Stock is going to skyrocket. $150, $200, $250 +. Do you shop at Walmart?? Doesn’t everyone?? That’s all you need to
Seen the SNAP argument bandied about and I assure you it will not hurt them at all. People on SNAP still find a way to eat food even when the check doesn't clear. They are still shopping at WMT. If WMT was worried they wouldn't have moved guidance up.
(copypasted from my deleted post) Currently at 30 shares of WMT thanks to the Associate Stock Purchase Plan (15% match up at $70 per pay cycle). Should I continue to stack up this stock or should I sell a large portion of WMT and throw it into VOO/other high performing 10 year plan ETFs? I make roughly $35k/yr, engaged, and am currently pursuing a bachelors in Information Security (degree available from WMT's college tuition program). Probably going to eventually decide between CyberSec focus or staying broad with InfoSec depending on what is more desired.
Does WMT still have geriatric "greeters" or whatever the fuck they called them?
are they letting him film on the job? calls on WMT if they are
MCD, CMG, HD, DIS all show consumer sentiment is at an all time low. WMT is up but that could be a sign high earners are looking for cost savings.
Because WMT did a 3-for-1 split in 2024 (so $120 pre-split equals $40 now) and its low-margin, grocery-heavy mix with a already-elevated multiple means beating SPY doesn’t automatically push the absolute price higher, you can find more information at mr-profit com.