WMT is cracking the 2-year trendline off the 2022 low — down ~12% from the 135 high, now testing ~119 support.
The fundamental tell: revenue growth looks fine on paper (~5%/yr) but that's nominal. Net of ~3% inflation, real growth is barely ~1.5%/yr. Paying a premium multiple for a retailer with stalling real demand.
WMT is up 170% since 2024; why exactly? Like the rest of the market, it makes no sense to pay up for less and less value.
Let’s push it to 7,000 and share so I can help others as well. We'll keep building a community grounded in raw truth, not hype.
The fundamental tell: revenue growth looks fine on paper (~5%/yr) but that's nominal. Net of ~3% inflation, real growth is barely ~1.5%/yr. Paying a premium multiple for a retailer with stalling real demand.
WMT is up 170% since 2024; why exactly? Like the rest of the market, it makes no sense to pay up for less and less value.
Let’s push it to 7,000 and share so I can help others as well. We'll keep building a community grounded in raw truth, not hype.
Real Macro Economic Investing
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patreon.com/Realmacro
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.