$WBA Walgreens lagging $WMT Walmart
I am looking at the divergence in performance of the two "WAL" retail stocks, Walmart and Walgreens.
$WMT has rebounded sharply from the two selloffs in 2018 while $WBA has been in a sharp dive since late 2018. The two are about as far enough apart in performance to set up a trade to bring the two back together.
$WBA reports earnings on the 27th in just 2 days, that could be a catalyst.
Tim 11:10AM EST 6/25/2019
$WMT has rebounded sharply from the two selloffs in 2018 while $WBA has been in a sharp dive since late 2018. The two are about as far enough apart in performance to set up a trade to bring the two back together.
$WBA reports earnings on the 27th in just 2 days, that could be a catalyst.
Tim 11:10AM EST 6/25/2019
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Raise stop to breakeven.
Tim. 10:09AM EST 7/11/2019