WMT: Idea Alert. Buying.

Takeaway: We think the downside here is minimal and there’s a big call option on WMT to the extent oil continues to make lower highs.

We added WMT to the long-side of our Real-Time Positions yet again. The stock signaled that it was immediate-term TRADE oversold according to Keith’s quantitative model today while holding its long-term TAIL support. We think the downside here is minimal and there’s a big call option on WMT to the extent oil continues to make lower highs.

 

 

WMT: Idea Alert. Buying. - WMT TTT