TipdOff

TipdOff

Good time to take a position in Wal-Mart? The stock has been sliding for the past 4 month, but is now sitting on top of the previous 2 year channel. Its PE ratio is still much lower compared to competitor COST.

TipdOff

Wall Street has posted the sharpest rally in a month today. Looking at this 6 month chart, large up days following dips in the market, have been the bottom for the most recent 5 market rallies. If the pattern repeats, we could see the SP 500 regain 2100 levels next week.