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WalMart Takes Market to Moon $WMT, $SPY

Wall Mart lifted the market because of good earnings. Really.  This tired big box that thinks its going somewhere in on line retail doesn’t have the clout to sustainably move the market. It was just an excuse. Someone had some spare gas which they threw onto a bonfire and watched a dangerous spike.  The American economy is not in that good shape. Otherwise retail in general would be better not just Wal Mart.

George Gutowski writes from a caveat emptor perspective. 

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