I opened $Wal-Mart(WMT)$  ,WMT: initiated a short position on Walmart at $77.10. Walmart had a 15% rise in the weeks after earnings on 15th Aug and went into overbought regions. The poor earnings of Dollar General also meant Walmart took some market shares away from them and boosting Walmarts rise. As the US economy weakens, it’s typically shop for cheaper groceries which Walmart could provide therefore temporarily boosting sales. Looking for a swing trade on profit taking.
WMT
09-05 00:38
USWal-Mart
SidePriceRealized P&L
Sell
Open
77.10-19.94%
Holding
Wal-Mart
# Trade Feed: Who is your favorite star traders?

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  • 56CcLim
    ·09-05
    TOP
    why don't sell call spread?
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    • Terra Incognita
      I was trying to add some additional stock trades to capitalise Tiger’s Trade Feed promo. Only stock trades count for a chance for lucky draw for coins and vouchers.
      09-05
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  • Aqa
    ·09-05
    👍🏻Time to catch Tiger promo.
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  • TieTeckHoe
    ·09-06

    Great article, would you like to share it?

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  • Kashcash
    ·09-05
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