Holy shix. I kept expecting a bounce, but each time a bounce attempted, it gets sold off. Target $TGT and Walmart $WMT showed the double whammy we're facing from this inflation mess. If people keep buying shix, earnings is OK, but Feds keep raising rates more aggressively from inflation, causing an even more epic recession and stock sell off. If people stop buying shix, it lowers inflation, but causes the stock market to crash. Either way this doesn't look good now with S&P 3,800 and Nasdaq 11,000 about to break. After support breaks, the sell off will accelerate. $AAPL and $AMZN will keep going down from capital preservation, dragging the indices lower and lower.
Even China's reopening is not going to help because they've shown to the world that even just a few cases of COVID will cause them to lock down again. 1999 all over again. -50% minimum, probably -75% indices drop by next year. -90% if there's some sort of black swan like solar flares destroying electronics, or some other new virus, or even COVID coming back with a new variant that's even more infectious than Omicron and its subvariants and more deadlier too.
$SPY $^GSPC
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Gas prices labor costs {agenda }will continue to {destroy} this economy {country} and only been 1 1/2 years; 2 1/2 more of this regulation stipulations & undermining will keep financial securities down and let other countries become superpower mainly China; seems to be agenda. Our problems at home, not abroad, we’re formulated here #AMZN #TGT #WMT
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$TJX made while $TGT $WMT failed. Shows which one was better prepared. Will $COST make it?
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It’s working NADA New Agenda Destroy America #AMZN #TGT #WMT
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$WMT $TGT down. $COST is next. People will sit home watch $NFLX.
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When people are low on disposable income to shop at $AMZN they turn to $WMT and $TGT and take loans $SOFI $UPST
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Wealthy people buy $AAPL with no problem. Those with less have less disposable income to buy from $AMZN. Maybe they’ll hit $WMT. But they all have jobs so they can borrow money from $UPST $BAC
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When people are low on disposable income to pay for Prime membership and shop at $AMZN they turn to the closest $WMT and $COST and take loans out $SOFI $UPST until things settle. Low unemployment means they all still have jobs so that they can take out loans based on thejr stable income.
ive been eating all natural food for decades. you can keep those science experiments to yourself. forunately $WMT sells the real deal. i just skip past the $BYND mystery patties. i dont want to buy my food from this guy
True Christian16 days agoReplied to a reaction $WMT conversation Well according to zillow my house is up 800k, so gas prices really aren't such a nuisance
glassfecal admits that joe biden controls the price of oil.
It' a good thing we have Walmart to shop at to offset biden's reckless policies.
Glassfecal12 days ago $WMT conversation "Joe has taken the price of crude oil from $128 to $106 in just three days. The guy simply knows what he is doing. Of course he does get help from his advisors but part of being a good president is surrounding yourself with great advisors who are very knowledgeable in their field."
glassfecal admits that joe biden controls the price of oil.
It' a good thing we have Walmart to shop at to offset biden's reckless policies.
Glassfecal12 days ago $WMT conversation "Joe has taken the price of crude oil from $128 to $106 in just three days. The guy simply knows what he is doing. Of course he does get help from his advisors but part of being a good president is surrounding yourself with great advisors who are very knowledgeable in their field."
Sorry $WMT bulls but this is headed to just over $100/sh. Save yourself more pain and don't catch this falling knife until it settles under $110. That's where it becomes a compelling investment. Shoot the messenger if you want but unfortunately that won't make the stock go higher.
Amazon opening department stores? Shows the power and need for omnichannel. I have more confidence that CVS will continue to grow in digital health care than Amazon will succeed in bricks and mortar. I am long $cvs and $wmt as I believe both will take share from Amazon in their core segments. CVS has 26% share of prescriptions and growing!! (I was long Amazon until end 2020…..now out except for index funds)
Irony is I drove by $WMT on Sunday and parking lot was full. Out of curiosity, I turned around to look what was going on. There was line of 40 people, waiting to get in. People were coming out with carts full of merchandise. Seem like Walmart is in a full swing. People go there instead of disney world. I am surprised price is sinking.
Even China's reopening is not going to help because they've shown to the world that even just a few cases of COVID will cause them to lock down again. 1999 all over again. -50% minimum, probably -75% indices drop by next year. -90% if there's some sort of black swan like solar flares destroying electronics, or some other new virus, or even COVID coming back with a new variant that's even more infectious than Omicron and its subvariants and more deadlier too.
$SPY
$^GSPC
#AMZN #TGT #WMT
#AMZN #TGT #WMT
$WMT conversation
Well according to zillow my house is up 800k, so gas prices really aren't such a nuisance
It' a good thing we have Walmart to shop at to offset biden's reckless policies.
Glassfecal12 days ago
$WMT conversation
"Joe has taken the price of crude oil from $128 to $106 in just three days. The guy simply knows what he is doing. Of course he does get help from his advisors but part of being a good president is surrounding yourself with great advisors who are very knowledgeable in their field."
It' a good thing we have Walmart to shop at to offset biden's reckless policies.
Glassfecal12 days ago
$WMT conversation
"Joe has taken the price of crude oil from $128 to $106 in just three days. The guy simply knows what he is doing. Of course he does get help from his advisors but part of being a good president is surrounding yourself with great advisors who are very knowledgeable in their field."
$AMZN would have closed today at a split-adj. price of $139. That would give it a weighting that's in the middle of the Dow & identical to $WMT.
Walgreens is the 2nd least impactful stock in the Dow.