WMT

Gourd-Futures69

I’ve been testing a directional bet strategy. Strategy: directional butterfly opened day before earnings on weekly series, idea to take low cost high risk/reward bets that take advantage of expensive far otm options to profit large swings in price. Ideal environment is high volatility and high speculation on earnings. What’s cool is you can usually cut loses around -50% or less when wrong and typical profit has been 125-200%, you can be wrong more than you’re right directionally and still win overall. Position is short Vega which hedges your delta/gamma position since no matter what after earnings you gain off IV crush. Typically if the stock doesn’t move much you can still close around opening cost even when it’s entirely otm. Criteria: - VIX is elevated - high liquidity across option chain, high volume and OI - min 350%-400% return on max risk - high IV rank - nearest long leg within implied move - short leg at or outside implied move - ideally penny increment priced (wide bid/ask kills this) - close within an hour after earnings, win or lose, target +125-200% return on risk for wins and cut loses as quick as possible - target 1-2 dte min after ER Qualitative criteria to help pick direction - several past earnings beats/misses bet that direction, look at competitor earnings beat/miss (a peer beat/miss typically drops IV so you can close at small profit if you change your opinion on the direction) - large/mega cap stocks seem to work best - look at put/call skew vs historic and peer group, bet with the skew if it intuitively makes sense - identify catalysts that would magnify ups/downs relative to historical (macro stuff cpi/industry outlook/world events etc.) reasons high IV might still be underpriced - inverse zacks/Barrons/etc. free articles with clear bias near ER - bet sizing should be small, correlated to relatively low confidence in direction pick General idea is to find quick and simple reasons to pick a direction when the return/volatility hurdles present themselves. Example win: WMT 145/150/155 call butterfly opened at $70 debit. Trading around 142 when opened. Closed at $200 credit at open. Direction correct movement within implied move. Example Neutral Loss: NVDA 155/145/135 put butterfly opened at $150 debit. Trading around $161 when opened. After ER direction was right but not magnitude, closed at $147 credit. Short Vegas saved the position since the sold otm contracts lose most of the extrinsic value and near the money long leg retains more value Example total loss: RIVN put butterfly opened at $65 credit and after ER the stock blasted in the opposite direction. Attempted to close but no fill Still dialing in my criteria but it’s been working well in this market.

larson00

Yes, it does work. You can do an IV strangle (puts and calls) prior to earnings so you can make money on the IV runup, which is an alright strategy but doesn't always work. I'm testing it with CRWD right now actually but my last successful trade iwht it was WMT a few weeks ago, at one point I was up 30% on calls and 80% on puts at the same time, bought both a minute apart. The OTHER strategy, and its all you should do, is the IV flush. when everyone buys calls and puts thinking they are going to catch that move at juiced IV, and then the stock doesn't hit its implied move, those premiums tank. depending on the company, if they beat on earnings with decent guidance and stay below their implied move (or flat, in the case of Apple which happens often) you can then basically wait for the BIG volume right off open within the first 1-5 minutes. follow the volume and buy calls (or puts if the above is reversed) and bank.

VisualMod

#Ban Bet Lost /u/potato111a made a bet that WMT would go to 135.0 within **2 weeks** when it was 142.41 and it did not, so they were banned for a week. Their record is now 0 wins and 1 losses ^^WSB ^^[Stats](https://www.twitch.tv/wsbzjz/) ^^[**Discord**](http://discord.gg/wsbverse) ^^[BanBets](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) ^^VoteBot ^^[FAQ](https://www.reddit.com/r/wallstreetbets/wiki/votebot/) ^^[Leaderboard](https://www.reddit.com/r/wallstreetbets/wiki/leaderboard/) ^^- ^^[**Keep_VM_Alive**](https://www.patreon.com/visualmod)

eldowns

You’re not wrong - it’s normal for companies to be unprofitable when they start out. But once they become profitable, that is far far from the end of their stock price going up. Again, I’d refer you to major holdings of Berkshire like AAPL, KO, WMT, COST or other heavy hitters like AZO and PGR. If you put your Roth IRA in AZO over literally any timeframe, you’d be absolute crushing it, but at much less risk than SOFI. Think about it - would you rather give your money to a kid whose lemonade stand has a line around the block or one who just started up who claims to have a new incredible recipe? Sure, the second kid might be right, but the first kid has a proven record that money invested into his/her lemonade stand turns into more money. Want to make a small bet on the second kid (SOFI)? Go for it. If you’re right, the reward is great. But the risk is significantly higher.

AliveNot

There is definitely decent good pot odds. WMT is on my scanner, granted there is a lot of overbought, short-term equities.

Retard_boomer

PMCC, when used for longterm, is and can be exactly the same as a CC/CSP but with lower capital. For example, WMT priced at 153.04 mark, you could do a 155CC 5DTE for 0.61 and as long as stock doesn’t move, is 0.39% roi with a max draw of 1.67% (if stock goes at or above 155). A 155CSP returns 2.47 with an extrinsic of only 0.51, so apples for apples, the CC is better on the strike line, at 0.33% and max 1.61%. But the normal thing to do is to CSP below the price, so the 152.5CC returns 1.11, giving you 0.73% with the downside that you don’t have a max, but rather 0.35% protection before loss of profit starts. Now let’s go with PMCC. We tailor it in such a way to cancel as much of the extrinsic on the long position as possible. The 20Jan95C long with the 155C short has a mid cost of 57.54. If stock doesn’t move for the week, you will return approximately 58.13, which is 1.02% and a max (for the week) of 4.27%. Yes, the PMCC will eventually expire, or price can drop, but the trick is, you can put on a new one on or roll the long down and it is near identical to have purchased the stock in the very beginning (because of how the bell curve on extrinsic works). The only negative is that you have to roll out the long to continue (aka carry cost), but that isn’t a terrible thing because most of the time you can make that money in the next short roll to pay for it. The absolute worst case, you kept placing new longs or rolling down and stock goes to zero….you’ve lost a little bit less money than you would have if you purchased the stock in the beginning. So if you’re gonna tell people to use one method over another because of better return on risk, PMCC is the best option (pun intended), but requires knowledge in math.

JRshoe1997

1. NVDA, down over 50% from its high and still has an insane premium on the stock. 2. COST, a retail giant that has also has an insane premium on the stock. 3. Same with WMT too. Their net income is the same as it was back in 2018 and has gone nowhere over a decade. Their last earnings was pretty trash too yet their stock ran for some reason. I don’t understand the premium for this company other then it provides stability. Once we see the economy get better and those fears go away I can easily see this stock falling. 4. Consumer staples like PEP, KO, JNJ, PG, etc. these stocks have been trading in the high 20s P/E range cause with fears of a recession people are plowing money into safety. I own PEP and JNJ and haven’t put money in them in awhile cause of their lofty valuation. I can’t wait for the day for these stocks to take a hit and add to my position. As of right now they do nothing but run and stock price and trade at a premium so right now I am continuing to hold and avoid.

eldowns

Um…yeah dude. That’s not explicitly what I’m saying, but that’s also not wrong. Just look at anything Berkshire Hathaway owns (AAPL, KO, COST, WMT, etc) or one of my personal favorites, AZO. Buying low on one of these kinds of stocks is a great idea because they’re trending up all the time due to consistent profits and proven business models. Everyone wants to buy the all time low on some “future” stock so they can start a moon colony, but every neglects to remember that big/smart money controls the price of stocks, and if the price is in the toilet, perhaps it’s there for a reason.

Po0TyBoOtY

Let’s hope so… My WMT puts are bleeding slowly.

clarksr

I’m looking at HIBB off of some of the retail plays recently, and KR for sure. Groceries are doing well right now it seems (WMT went up, TGT went down because no groceries). Groceries react to inflation/price change daily. Inventory is fine. People still need to eat.

whatisliquidity

WMT

Pleading-Orange168

Just bought the Mrs an iPad at $BBY, though I could have save $20 buying it at $WMT but I’ve got standards and didn’t feel like getting in my pjs yet.

Str8truth

I have 3 of those stocks (BRK.B, F, XOM) so I support those choices. WMT and HPGLY could suffer going into a consumer-spending downturn. HPGLY is especially vulnerable now that shipping backlogs have eased and merchandise sales are way down from pandemic levels. I don't know much about BLK, but the PE is 20 so the stock does not look like a bargain. Overall, I like the diversification of your portfolio.

Walternotwalter

I like the following: TXRH- Their menu isn't much more than cooking the food yourself. ORLY and AZO- eye watering prices but more tailwinds than just about anything else: electric cars, constrained new car supply, people still gotta get to work, more people wrench themselves. Even if the recession is shallow and quick, I still REALLY like these stocks. The key isn't slowing spending but where to invest strategically on what you think will persist. TGT, WMT, BJ, COST, DG, DLTR, are all too obvious and high, but FDO for example may not be, as such, an ETF may not be weighted properly for what you want to play.

Far_Vermicelli2165

Absolutely… but not big gains. Shavings make a pile. 2 weeks ago with WMT at like 140ish I wrote a strangle. Selling a PUT at 132 and selling a CALL at 152. Total premium was $2.05 per share or $205 per contract and it closed yesterday. I have 300 shares so I got $615 in premium and was called all 300 shares yesterday at $150 per share. I bought all 300 shares back instantly at 152.43. So I got $615 on 42k worth of wmt for a 1.46% premium for 10 days + got $9 per share appreciation. All this in an IRA no tax on buys sells or premium. If I can do that 1-2x per month that’s like a 20-30% dividend on WMT plus the stock dividend and appreciation/losses. Love options. Love them.

Analyst_Simple

Like going to WMT after dark wasn't dangerous before.....

marioz64

So... Mass shooting bullish for WMT 🤔

RefinedWarrior80

WMT WU BAC after some thoughts shared by Uncle Warren lol 1999

jarchack

Since I rarely stray from index funds or ETF's, I haven't done a deep dive into those companies yet and was quite surprised to see PG with a P/E of over 25. That's tech stock level kind of stuff right there. And WMT is creeping up on TSLA's P/E. That's a bit rich for my blood. Regardless of the high P/E, I still think these companies should do okay if a recession drags on. I am certainly no analyst and I don't even play one on TV.

LocalGunrunner

I just need WMT to drop 5% pls

LocalGunrunner

Really hoping I can luck out on my WMT puts.

surmoiFire

Put on WMT? 🪦

BigBoiBenisBalls

WMT puts. TGT calls 🎯🎯🎯

HelpfulDescription12

WMT. I worked there while going to college starting around 2004 and stayed on until like 2010. They had an employee stock purchase program where they matched 15% of your purchases amd they just deducted it for your paycheck. I still have all the shares with their holding company(compu share I believe) because I've never had a reason to sell, I think it's around 200 shares or something, just keeping it as part of my retirement or emergency fund if I ever need it.

sonofalando

Shorting 1000 shares of WMT at open

sonofalando

WMT looks like a juicy short target right now and by short I mean shares.

Mandooo3

i bought WMT calls did i do good

jarchack

Maybe so but I think Wall Street is a little late to the consumer defensive table. As I said, those types of stocks aren't going to make a lot of money but I would rather own WMT right now than AMZN because the latter relies a lot on AWS, which is going to get hit pretty hard with the rest of the tech sector.

Soul1sing

WMT seems like a signal

RedOctobrrr

FDX UPS C KMB YUM OXY UNH WMT SO BAC ....I don't get it

jarchack

Just think about stuff that people are going to buy no matter how much their budget is stretched. Companies like PG, WMT and SJM haven't necessarily been beaten up but they are starting to do well and are relatively safe bets during a recession. They won't make a bunch of money but should preserve capital.

VisualMod

#Ban Bet Lost /u/se_ma made a bet that WMT would go to 130.0 within **1 week** when it was 140.12 and it did not, so they were banned for a week. Their record is now 1 wins and 3 losses ---- ^[LEADERBOARD](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) - ^[FAQ](https://www.reddit.com/r/wallstreetbets/wiki/banbets/#wiki_faq_.26amp.3B_commands) - ^[STATS](https://www.twitch.tv/wsbzjz/)

gettendies

You may not like them but you do realize WMT is basically the king of selling all things cheap right? TGT shit the bed because inflation is squeezing the middle to lower class so even the 10-15% diff in WMT and TGT pricing matters. It may not affect YOU or anyone who has disposable income to be trading options but for most of the pop it matters.

I_Bought_At_The_Top

I guess I’m expecting more volatility for the price action. WMT is closing in on ath and I think the weekly is depreciating way to fast on a Monday when the underlying is moving up.

atrain1189

WMT puts?

I_Bought_At_The_Top

The kicker… options are priced so efficiently that you can’t win. My WMT calls are only up 25% when delta is .10 and the underlying no is up like $2 since I bought them. They don’t expire till Friday. The price wasn’t this high earlier and they were up 100%. How does that make any sense?

Frequent-Length-9966

WMT. It just makes sense.

Badboyardie

It seems those theft losses ain’t hurting Walmart. Lol $WMT

thutt77

Prices will drop. May take a qtr or two yet they'll be forced to come down because of this thing called competition. Heck, WMT already on it.

ksumnole69

There were quite a few major earnings moves from retail stocks this quarter. I took some time to look through them and these are my plays for this week: Long DLTR Long FIVE Revenue side: Discretionary spending for the lowest income showed an improvement from first half of 2022, probably due to easing commodities inflation. There was also higher demand from higher end consumers trading down. TGT and disc section of WMT and AMZN missed as a result. Discount apparel retailers ROST posted a massive beat and TJX just hit an ATH. The bar to a beat is also lowered when FIVE and DLTR cut revenue guidance in August while inflationary pressures were higher. Cost side: This is the big one. Logistics is a huge cost driver for discount stores, and shipping and trucking have been absolutely tanking this quarter. I played DLTR last year on the short side when shipping costs were at their peak and made like 300% on puts. Not sure how much costs can actually be reduced this quarter because of fixed contracts but I expect decent enough guidance. Risks: 1. Labour costs are up and may offset the drop in shipping. 2. DLTR is already at ATH and may have already priced in good earnings. But of course it can also pull a TJX.

VisualMod

>You're absolutely right, it is in the same class as TJX and WMT. However, I believe that it is at an all-time high for sympathy reasons. Definitely would be calls not puts.

Affectionate_Rule972

It’s same class as TJX and WMT, it’s at ATH for sympathy reasons. Definitely would be calls not puts.

timeistheonlymoney

That is true. WMT does weather through recessions well. The Walton family is likely the largest beneficiaries of tax payer funded welfare programs. People MUST eat, they MUST buy basic necessities, and they'll just mark up the price of food and other necessities to maintain profit margins, and the government, through the hands of everyone descending into poverty, will send money to the top. Hell, it's an even faster funnel these days. You'll be lucky to find a handful of employees in those ever increasingly automated stores. You know some even have robots roaming the aisles now. Maybe one person watching over 16 self checkout, self bagging stations. In the next decade I wouldn't be surprised if they achieve 100% automation and employ no one in the communities.

frogjizz

Some great advice here, but nobody has answered the question about what stocks should weather a recession. WMT MCD and PG typically do well in this type of environment.

I_Bought_At_The_Top

I bought WMT calls right at close. Yes I know it’s overbought and very near top but I think it’s a safe play. I’ll sell as soon as they make money WMT usually pumps a dollar or 2 at one point a day. 

dramarehab

Idk the exact science/technicals about IV but I’ve been trading options long enough to understand. First thing is that you should have an idea of what the stock’s IV typically is. It honestly varies from stock to stock and how volatile it usually is. For example, something stable like WMT only has ~20%. Something a bit more volatile like META has ~40%. GME/AMC is always like ~80-100%+ cause they’re memes. I watch ZM and IV is typically like ~60-70%, meaning it only doubled, which is pretty tame considering sometimes the weeklies’ IV can 5x+ when it gets in the 200%-range. I’m guessing TGT strangle paid off cause it moved A LOT in both directions last week (tanked 15% after earnings and then rallied ~9% all within a few days). NVDA strangle didn’t pay off cause it essentially traded flat and it didn’t move nearly as much as TGT

iTradeStualks

He’s the useless CEO and Founder of GME. The fact that you didn’t know that shows how dumb you are. Maybe stop at WMT and pick up some neurons so your brain starts working.

pwdahmer

Considering they are moving into a strong competition to Amazon with online marketplace. I think WMT still has a strong future. The non Walton leadership is the wildcard that could destroy the franchise imo However, everything is over valued in current conditions

Aarschotdachaubucha

Mods ban this heretic against consumerism. He's hurting my WMT and TGT calls.

FuckItShootIt

my concern is that it is already close to its all time high. I think it would have to beat earnings significantly for it to jump. WMT was down a little bit and it took its best earning in 4 years, and still hasnt gotten back to its ATH

AustinLurkerDude

Yes I do think the biggest companies will stay big. ​ The barrier to tech (HW) is a lot higher now than before, no longer is it just tinkering in your garage. You need large design teams just to get a prototype up, exception being software. With SDKs, AI, AWS, software companies can still scale up quickly and efficiently. ​ The VC environment is terrible right now, a friend just got layoff from a startup along with 50% of his coworkers. I've been getting recruiters pinging me non-stop the last 5 years and I always ignore em, they can't match the stability, health and side benefits of a big company (company dependent). In the USA, a lot of benefits are tied to your employer and harder for small companies to compete. ​ Its very hard to break existing B2B relationships. There's the saying no one ever got fired for choosing IBM. I've seen it first hand where our product sucks but we still get the design win cause our CEO is friends with the AT&T CEO, etc. TOP 10 in 2000: GM, WMT, XOM, F, GE, IBM, C, AT&T, Altria, Boeing The big change up compared to today would be the tech stuff like Facebook, Google, Amazon, Tesla, Nvidia. In 1990 it was also IBM and car and oil companies in top 10.

BeastSmitty

Picking up $STNE and $KR, bc cheap and Buffett just gave $STNE a crap ton of money, and $KR bc people gotta eat and not as much as $WMT…

brickhouse1013

I have zero financial education and am by no means a highly successful trader but I’ve learned enough to have a reasonable level of success after blowing up a few times. I hit RBLX calls when it ran from $70 to over $100 then FB and PYPL puts at the very beginning of the bear market and thought I was a pro. Made the mistake of yolo’ing my entire account on every play and attempting to make multiple trades daily. Got blown up. I’ve since made it all back and then some but in a much more controlled manner. I only ever trade with 10% or less of my account value. I buy 2 contracts at a time. If my position gains value I ride it patiently. If I get to 100% I immediately sell half to get my initial back. If the position loses value and I still feel good about it I’ll average in. But never exceeding 10%. If I’m playing monthly contracts this process can take a few days. If weekly contracts few hours. I don’t use stop losses and usually just let a bad bet die worthless but I trade less than most and only trade on higher probability bets. In most other cases a stop loss would be better. I only trade on something I’ve planned out. Sometimes I’ll go a few days without making a single trade while waiting for my setup. I don’t read charts or do T/A. For instance this week I watched Walmart leading into earnings expecting them to beat to give a slight boost to TGT cause I wanted earnings puts with a good entry. If WMT didn’t go green after earnings and TGT dropped I would have moved on to the next trade. I try to only trade when I feel I’m given my ideal setup. I work in automotive industry and after speaking to my local rep regarding prices, demand, and margins I decided to play AAP earnings puts. Obviously that worked out well. But I still only played it with 10% of my portfolio and that position went up almost 100% right before close so I sold half to get my initial back even though I was convinced it would go down after the report. I doubled my portfolio this week but I still only played with less than 5% today because I didn’t really have anything solid besides NVDA puts at open which was just a hunch. It might even be a few days to a week or more before I open a trade with more than a few % of my portfolio again. I don’t have the account size anywhere near the yolo’s that get posted here. But I still enjoy getting in on the action. I’ve just learned if I want to continue to play with house $$ instead of my own. I need to be cautious and not over do it. Never get greedy. Cause this bastard will take it right back as easily as it gives it. Lol. I often make a modest withdrawal after a decent week also. It’s harder to trade with it once it’s in my bank account.

LeakMyBigBowls

4-5% on WMT next week would be nice.

I_Bought_At_The_Top

I have a feeling I should get out of everything and buy 11/25 WMT calls

get_MEAN_yall

You don't need a nice car, some companies have gotten a PR hit for kicking homeless people out of the parking lot so now they won't do it. WMT for example will never kick you out

baeconundeggz

FootLocker, GAP, HD, Macy's, Lowes, WMT all did well but for the whole fucking week the market concentrated on shitty Target.

RockmanMike

But this was pre-holiday and if $TGT and $WMT couldn't hit projections, how was $M supposed to?

USSZim

My oops was sleeping on Ross this week. Clearly would have been a great call play for the same reasons that WMT went up

daboss144

dividends are (typically) paid to shareholders directly out of cash reserves. So if a company pays $500m in dividends to shareholders, that's $500m that would otherwise be a part of the intrinsic value of the company. Dividends also are typically taxed as ordinary income, whereas any gains on shares held more than a year are taxed as long-term capital gains at a lower rate, so that's something to consider. I don't like recommending stocks, but here are some dividend-paying companies you've heard of that might be a good way to get your feet wet: $XOM $KO $MMM $CAT $CLX $IBM $JNJ $MCD $TGT $WMT Remember, just because a company has a high dividend yield doesn't mean it's a good investment. Stock price declines can outpace dividend payouts so you need to make sure the business is solid.

T1m3Wizard

I just saw a gender neutral looking person get into a fight at WMT and got pants'd. My eyes are traumatized.

Not99Percent

Might have to sell my WMT puts tomorrow to ride my NVDA puts next week. Can't risk it all

VisualMod

You already have a bet going - WMT to 135.0 before 2022-11-28 07:14:49.173873-05:00

phantomofthej

healthcare, alcohol and tobacco, and retailers (WMT, COST, AMZN) are recession proof

baeconundeggz

I don't know if the Fed continuously raising rates is gonna answer our inflation question. I think the issue is labour demand... there's simply not enough people. Increase legal immigration. Offer a fast track to a green card for foreign uni students who graduate. All this "raising" is doing is punishing the poors. You saw this reflected in WMT earnings as well as Macys. Poor people aren't buying. The rich certainly haven't stopped.

derek5912

Anybody else looking at DLTR calls ahead of earnings? WMT vs TGT earnings shows how people are shopping right now. Makes sense

MathematicXBL

WMT should be the backbone of SPY

Not99Percent

Everything's dying bar WMT FUCK THIS SHIT

DontDrinkBongWater

WMT under 140 by Friday 

baeconundeggz

Is all this Red because of Target? Why? It's like FedEx... run like shit. Look at WMT, HD, LOW... even Macy's this morning. I think extrapolating from TGT to the entire market isn't entirely correct. .. but they're gonna fucking do it anyways.

MustardFlavouredWine

tgt's horrible financial report just murdered the consumer market, except for WMT ofc. And so many comments about TGT calls probably showed that most believed TGT would follow WMT.

jrex035

>I think target is a better long-term buy. Agreed. WMT has a P/E of 46(!!!) But growth has been essentially stagnant for years. With its recent trim TGT is sitting at a P/E less than 18. TGT has a better dividends too on top of that. People pile into WMT as a safe "value" stock, but that P/E is high for a solid growth company, let alone a relatively stagnant retail giant.

gettendies

I believe it's about 10-20% more. Off the cuff anecdotal evidence from me of course. I think TGT is seen as a better more upscale WMT. Even Biden said inflation only means people will buy generic raisin bran and not actual raisin bran. 1. Fuck that pos for being so flippant about inflation 2. He's right and fits in perfectly with the TGT / WMT comparison. My 2 cents.

deepuva

This was an anomaly to me. There isn’t a huge difference in prices between TGT and WMT, is there? TGT possibly lost because of their own mismanagement during these unusual times. Retails sales came in stronger today too.

gettendies

The fact TGT got obliterated while WMT was up says people are definitely feeling the crunch. I think we are not the majority of people so we don't see it but that was a HUGE tell for me. Q1 and prob q2 earnings are gonna suuuuck

prymeking27

$WMT is king fuck rich asshole that shop at target.

VisualMod

#Ban Bet Lost /u/Psychological-Ad1765 (0/1) made a bet that WMT would go to 131.4705 within **2 days** when it was 138.39 and it did not, so they were banned for a week. Their record is now 0 wins and 1 losses ---- ^[LEADERBOARD](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) - ^[FAQ](https://www.reddit.com/r/wallstreetbets/wiki/banbets/#wiki_faq_.26amp.3B_commands) - ^[STATS](https://www.twitch.tv/wsbzjz/)

Tozu1

COST and WMT might as well be savings accounts with stagflation

AP9384629344432

Seems too risky if I had to pick *one* company. I'd rather do COST or WMT in that case? So far TGT has mismanaged its inventories and performed poorly compared to its competitors.

Livid-Army-1647

People be quoting TGT drop, but everyone thought their earnings would just be a mirror of WMT

Brawmethius

Two ways this roles out. The way of WMT or the way of TGT. Could be better then expected as effectively richer customers pair down spending like WMT saw. Could be a blood bath like TGT as they pretty much say people have stopped buying our shit. I don't think it's as clear cut as lol Fukt. But I personally do lean on the way of TGT. If richer clients town down and go to Kohl's, poorer customers might just not buy new clothes. It's not like food which WMT saw. If you poor and food keeps more expensive unfortunately you don't get to not spend money to eat.

sc2summerloud

i sold my TGT puts yesterday at a loss aftet WMT earnings, just saying...

VisualMod

You already have a bet going - WMT to 130.0 before 2022-11-21 15:54:17.545930-05:00

KingCuckTren

“Goldman: 3 reasons why Wal Mart is a buy” #SELL ALL YOUR WMT NOW!

guachi01

McDonald's (MCD) Coke or Pepsi (KO/PEP) Wal-Mart (WMT) Those are some heavy counter-cyclical consumer stocks.