Friday, February 15, 2013

Your Guess, D-14 or WMT?

We have a 150 foot asteroid making a near earth pass-by at 2:25, right now, so this is maybe scaring a few traders or....

Or....


"February MTD sales are a total disaster,” Jerry Murray, Wal-Mart’s vice president of finance and logistics, said in a Feb. 12 e-mail to other executives, referring to month-to-date sales. “The worst start to a month I have seen in my ~7 years with the company....

To help you decide...

The SPY in green, WMT in red, the started the exact same time.

These are the fundamental surprises that in a highly complacent market like this with everyone leveraged up that can cause pandemonium and why I chose to hold and hedge shorts if need be than try to trade around them, this isn't the time to get fancy, it's the time to stick with probabilities.

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