Posted by jtsurfah on 12th of Jan 2022 at 01:31 pm
WMT coiling on a bunch of different time frames (long and short
term). Looks like it's going to pick a direction soon. I personally
think it will resolve lower because it's so expensive relative to
TGT, but never know with coils.
Posted by fredsaid on 12th of Jan 2022 at 02:13 pm
Once the price of everything goes up another 25-50 percent the
demand for everything will go down. Earnings will go down.
Retail will get hurt. Since we're talking WMT and
seeing what happened to MCD and COST, yup WMT is probably next.
Picked up a July Put Spread.
Posted by retirefire on 12th of Jan 2022 at 02:32 pm
If they can reduce demand by making things unaffordable, they
can claim victory over inflation (mid/late 2022) and proclaim their
economic policies a success. The prices will never drop, but the
percent of change will stall out.
Posted by jtsurfah on 12th of Jan 2022 at 02:34 pm
"Are we entering a stage where P/E matters?" -It sure
seems that way....but technicals won't be less important.
WMT with a 50 PE vs TGT with a 17 seems crazy but I dug into
it a bit more just now (with a better platform for fundamentals)
and found that "normalized PE" for WMT vs TGT is WMT/18 and
TGT/23...which would suggest that TGT may actually be more
expensive than WMT. I don't know the details past that.Maybe
WMT took a big write down last year that decreased their earning on
a one time basis.
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WMT coiling on a bunch
Posted by jtsurfah on 12th of Jan 2022 at 01:31 pm
WMT coiling on a bunch of different time frames (long and short term). Looks like it's going to pick a direction soon. I personally think it will resolve lower because it's so expensive relative to TGT, but never know with coils.
wmt pe is higher than
Posted by morton7 on 12th of Jan 2022 at 01:42 pm
wmt pe is higher than Costco and we all know what happened there...
Once the price of everything
Posted by fredsaid on 12th of Jan 2022 at 02:13 pm
Once the price of everything goes up another 25-50 percent the demand for everything will go down. Earnings will go down. Retail will get hurt. Since we're talking WMT and seeing what happened to MCD and COST, yup WMT is probably next. Picked up a July Put Spread.
INFLATION : It's all your
Posted by retirefire on 12th of Jan 2022 at 02:21 pm
INFLATION : It's all your fault Fred (and Matt's wife) , they just keep buying along with the rest of us consumers LOL https://www.youtube.com/watch?v=4a55fYfwAS4&t=1s
If they can reduce demand
Posted by retirefire on 12th of Jan 2022 at 02:32 pm
If they can reduce demand by making things unaffordable, they can claim victory over inflation (mid/late 2022) and proclaim their economic policies a success. The prices will never drop, but the percent of change will stall out.
are we entering a stage
Posted by morton7 on 12th of Jan 2022 at 02:20 pm
are we entering a stage where P/E matters? The bigger (higher) they are the harder they fall....
"Are we entering a stage
Posted by jtsurfah on 12th of Jan 2022 at 02:34 pm
"Are we entering a stage where P/E matters?" -It sure seems that way....but technicals won't be less important.
WMT with a 50 PE vs TGT with a 17 seems crazy but I dug into it a bit more just now (with a better platform for fundamentals) and found that "normalized PE" for WMT vs TGT is WMT/18 and TGT/23...which would suggest that TGT may actually be more expensive than WMT. I don't know the details past that.Maybe WMT took a big write down last year that decreased their earning on a one time basis.