TGT: Off Target

TGT: Off Target

Apparently Walmart (WMT) isn’t the only retailer being hit hard by inflation. Target (TGT) reported earnings Wednesday before the close and its quarter was similarly ruined by inflation and supply chain issues. Operating Margin declined to 5.3% from 9.8% a…

WMT > HD

WMT > HD

The two largest companies reporting earnings this week are Home Depot (HD) and Walmart (WMT) and they both report Tuesday morning. In this blog, I want to compare the two stocks and make the case that WMT > HD in…

DIS Is A Buy

DIS Is A Buy

Disney (DIS) – a stock that I have successfully shorted this year – reported 1Q22 earnings Wednesday afternoon and now looks like a buy to me. Overall revenue was +30% year over year led by Parks & Experiences which is…

A Meaningful Low Is Near

A Meaningful Low Is Near

Take a close looks at the eighteen red dots in the chart above by Jason Goepfert of Sentimentrader: 1987, 1990, 1998, 2008-2009, 2018-2019, 2020. Breadth readings this bad – this many stocks hitting 52-week lows on the NYSE and NASDAQ…