I never would have guessed that almost 200 million Americans are paying subscribers to Amazon Prime.
Three Out of Four!
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Centre of Gravity
The largest shopping mall in the city of San Francisco is the aptly-named San Francisco Centre (the “r” preceding the “e” indicating it is elegant and marvelous). It opened in 1988 and expanded in 2006, and it was connected directly to the BART station (which is our local subway system). For years, the place was jam-packed and one of the most successful malls to ever exist.
King Walmart
There was a time when Target (TGT) held its own quite nicely against Walmart (WMT). Over the past year or so, however, as this WMT/TGT ratio chart plainly shows, Walmart has curb-stomped its slightly classier competitor.
The Bastion of Retail
On this seasick green day, the only red on my screen is my retail shorts. You’ve seen recently how Target (TGT) and Walmart (WMT) got zapped. They aren’t alone. Check these out, including my live positions COST, DG, and DLTR:
Three For The Road
After I wrote the other day about Walmart’s weak chart, it shot higher, up about 14% for the year. Dummy me hadn’t even checked their earnings date when I wrote the piece.
After Walmart’s earnings report this morning, Investopedia wrote that “all 12 of the analysts tracked by Visible Alpha with recent assessments recommend buying shares.” If they liked shares at $102, I imagine they like them even better now around 98.
Walmart’s earnings didn’t meet analyst earnings projections of $0.73, and instead were $0.68. Gee, a $0.05 difference and the stock price slides. (Recall at their prior earnings report in February that WMT said to expect lower earnings.)
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