Wall Street Bloodbath: Walmart, Target, retail stocks sink market Big Time
Wednesday’s poor reports from Walmart (NYSE: WMT) and (*gasp*) Target (NYSE: TGT), created a genuine Wall Street bloodbath.
Wednesday’s poor reports from Walmart (NYSE: WMT) and (*gasp*) Target (NYSE: TGT), created a genuine Wall Street bloodbath.
A nasty and inconclusive McClellan Oscillator chart adds to the confusion about why US stocks have fallen. Is Putin really to blame? Or Bidenomics?
Take increasing energy prices + inflation. Add the results of Obamanomics amplified by Bidenomics. Add Putin and you get economic disaster.
Columbus Day stock action started out strong Monday, then faded into red ink territory at the close. Tuesday looks like "Rinse, repeat."
After a positive Friday head fake, bulls watched Dow (Dow Jones Industrial) stocks tank for the fifth miserable day in a row.