She says the S&P large-cap chart shows the start of a bullish cycle--unconfirmed. Confirmation will be the 13-week moving average crossing above the 26- and 40-week moving averages, which is asking a lot. The S&P needs to make 6,000, and 6,147 is the Ceiling of Uncertainty. A bullish indicator, though, is the MACD has made a bullish crossover. On the S&P equal-weighted index, she says the S&P is moving in the right direction, but the chart must break above its Ceiling Resistance from 7,333-7,0421. But the MACD line is bullish. Thirdly, the XLK is in the early days of a bullish cycle, but the chart must break the Ceiling of $230-237; we're in the middle of that range now. Also, the MACD shows a bullish crossover. However, treasury yields need to go lower, not higher; 4.8% would be a dangerous level.
It would be terrific if Walmart operated as a charity by subsidizing its customers. Problem is retailers have incredibly low profit margins to begin with. Also, they couldn't plan ahead, but nobody knew these tariffs were coming. When they did know, they did their best shifting to sourcing products from countries that had the lowest tariffs. But you can't change your entire supply chain overnight. Given their huge scale, WMT negotiate the best deal with their suppliers, and have tried not to raise prices that much for customers. They will certainly lose money on some products. Walmart should be the last company on Earth to be singled out for profiteering.
It would be terrific if Walmart operated as a charity by subsidizing its customers. Problem is retailers have incredibly low profit margins to begin with. Also, they couldn't plan ahead, but nobody knew these tariffs were coming. When they did know, they did their best shifting to sourcing products from countries that had the lowest tariffs. But you can't change your entire supply chain overnight. Given their huge scale, WMT negotiate the best deal with their suppliers, and have tried not to raise prices that much for customers. They will certainly lose money on some products. Walmart should be the last company on Earth to be singled out for profiteering.
Of the big banks, they are the most levered to investment banking, including IPOs. He bought it expecting an uptick in IPOs under Trump, but his tariffs have temporarily derailed that. The IPO revival should happen if tariffs don't return. This pulled back hard since mid-February because of those tariffs, down 35%.