Kerrisdale
2022-12-09
Share Your Holdings & Win Tiger Coins@TigerEvents

With the prediction of Dec 2022 Fed interest rate hike of 50bps is standing at 77%% vs 23% for 75bps, inflation may be cooling down. Similarly, merchandise prices are about to cool down. But prices of merchandise may not decline in short terms, and may continue to rise in 2023. Higher prices may cause consumers to cut back on discretionary products to cushion blows on wallets, but not on household items and groceries, the necessities.
$Wal-Mart(WMT)$ is resilient in this area of discretionary spending pattern. 
Any dip is a good buy for me.
Using covered calls options also works fine.
It is definitely under my radar!

@MillionaireTiger @Tiger_chat @LMSunshine @Splitter @cuteypie @Shiropi


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Comments

  • frosti
    2022-12-10
    frosti
    WMT is closer to $100 than $200
  • nimbly
    2022-12-10
    nimbly
    Walmart WMT is a component of the DOW! Dow falls Friday, heads for worst week since September on inflation, rate fears
  • cheerzy
    2022-12-10
    cheerzy
    it appears that walmart stock owners are selling their shares.
  • wmwwmw
    2022-12-11
    wmwwmw
    ok
  • 不等了
    2022-12-10
    不等了
    8888888888
  • CapybaraNDU
    2022-12-10
    CapybaraNDU
    Nice
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