Walmart under-performs the stock market
Walmart (WMT), not a trend to invest in, beats in this mornings earnings report and the stock continues to under-perform the stock market. The stock began to under-perform The SPDR S&P 500 Index ETF (SPY) on the week of November 17th, 2020, one year ago. Nothing has changed today. The trend indicator shows Walmart trading under The S&P 500 Index ETF (SPY) over a 39 week moving average by 7.1 %.
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