Walmart…Dancing with the Bear
Walmart (WMT) stock peaked in January 2015 with a high of $90.97. This was the peak of a 5 wave cycle that began 35 years earlier.
The Dow Jones Industrial Average is at all-time highs these days but Walmart, one of the Dow 30 stocks, is trading well off its all-time high at $68.87. It hit a post-peak low of $56.30 in November 2015. Continue reading