This is a correction to an error in publishing; because of a mistake in tradingview code design.
1. Buy the flag now (45 min ago).
2. Watch the gap below, if price goes to $54.50, buy more.
Fundamentals:
WFM barely beat earnings. Why? Because they opened up many new stores. Those new stores will take time to become profitable.
Inverse correlation on the monthly between grocery stores (NGVC, KR, SFM, WFM) to oil price (CL1!).
When oil goes up, grocery comes back down.
Many Whole Foods stores are also a sort of restaurant, like a mini-Chipotle, sandwich shop/deli. The food is popular and a lot of people use it. The strategy of new locations coincides with the New Urbanism trend. WFM took a strategy of putting the WFM below the apartments/condos.
1. Buy the flag now (45 min ago).
2. Watch the gap below, if price goes to $54.50, buy more.
Fundamentals:
WFM barely beat earnings. Why? Because they opened up many new stores. Those new stores will take time to become profitable.
Inverse correlation on the monthly between grocery stores (NGVC, KR, SFM, WFM) to oil price (CL1!).
When oil goes up, grocery comes back down.
Many Whole Foods stores are also a sort of restaurant, like a mini-Chipotle, sandwich shop/deli. The food is popular and a lot of people use it. The strategy of new locations coincides with the New Urbanism trend. WFM took a strategy of putting the WFM below the apartments/condos.
