November 16, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Slowdown 

Please click here for a chart of Walmart stock (WMT).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of WMT stock is being used to illustrate the point.
• Walmart is the largest retailer in the U.S. For this reason, any outlook from Walmart is very important.
• The chart shows that WMT stock has fallen after the release of earnings.
• The chart shows that WMT stock is now below the prior breakout line.