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
patreon.com/Realmacro
patreon.com/Realmacro
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.