srcontrol11

WMT is out of steam

Corto
NYSE:WMT   Walmart Inc.
clearly the market did not respect the earnings reports nor should they. WMT is over stocked with crap that can be found on amazon and soon will fall to the way side such as the department stores. Jack of Trades and master of holding the bags (mind you this will take a long time). Anyway for WMT is out of steam. Divergence at its best a spike in price with a retracement in the same day says this thing isn't going higher. Short position is on and just waiting for the bottom to fall out.

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