Walmart Stores Inc.(NYSE:WMT) is a leading retail stock that is trading slightly lower today. This is common action after a strong surge that Walmart made yesterday. The stock will have short term intra-day support around the $55.50 level. This is a spot where traders could look for a small intra-day bounce in the stock.
Nicholas Santiago… Continue
Added by inthemoneystocks on January 21, 2011 at 11:30am —
Last night the Shanghai Index declined by nearly 3.00 percent again. Since November 8th, 2010 the important Shanghai Index has declined lower by nearly 15.0 percent. The decline comes as the Chinese economy reported a stronger than expected gross domestic product(GDP) of 9.8 percent. The Chinese consumer prices Index(CPI) was reported at 4.6 percent. The CPI number was actually in line with expectations, however, inflation continues to surge in the country.
Many investors are now… Continue
Added by inthemoneystocks on January 20, 2011 at 11:15am —