Is Wal-Mart Vulnerable?
January 21st, 2008 . by adminWe have read that Wal-Mart, all by itself, accounts for about 20% (by value) of total imports into the United States from China. This represents a flood of money moving toward China, and is a key factor in the unfavorable (from the United States’ viewpoint) balance of payments. The situation is not sustainable forever. Adding to the hurt is China’s refusal to allow the value of the yuan to float in relation to the U.S. Dollar and other currencies. Demands for increases in tariffs may begin to appear soon. If the United States falls into economic recession and consumer purchases here start to fall precipitously, would Wal-Mart be helped, or would it be hurt? What might be the effect on Wal-Mart’s stock price, and upon the stock market generally? CandleWave’s investment newsletter keeps its Subscribers current with respect to anticipated major changes in market trend. Through the use of advanced technical analysis and, particularly, the use of the Japanese Candlestick format of price presentation, CandleWave is at the forefront of accurately predicting major changes in trend and recognizing them when they are at the beginning point.
