(Reposted by
@petenajarian) T@Trading_Sunset: US futures lean weak. Strength: $WMT $AMGN $SLV $GLD $SCHW $HSBC $AAPL. Weakness: $FMC $RKLB $SKHY $MU $TSM $CRWV $NAT $CAT.
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The day begins...
US equity futures are leaning weak.
Strength: $WMT $AMGN $SLV $GLD $SCHW $HSBC $AAPL
Weakness: $FMC $RKLB $SKHY $MU $TSM $CRWV $NAT $CAT
Have a good Thursday 🌦️
@petenajarian
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The Thin Red Line (1998)
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Reasoning: Technicals
@Mr_Derivatives: $WMT is almost $120, up 18% from the $102 lows two months ago, a big move for Walmart.
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$WMT almost $120 omg.
+18% off the $102 lows two months ago.
That’s a big move for a name like Walmart…
Reasoning: Technicals · Short term
@Mr_Derivatives: $WMT is almost at $115. This follows his earlier call when it hovered just above the psychological $100 mark: it sat at prior resistance and breakout support, was down about 25% from its all-time high like the last two bottoms, showed RSI divergence, and its forward P/E had fallen from near 40 to 31, setting up a possible big bounce.
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$WMT $115 almost. Not bad.
Reasoning: Technicals · Short term Specific
Fund flows or trade records mentioned in posts reflect only the account’s own claims, are marked “Per the post” and are unverified.