I said WES would sink in deference to WOW and that has occurred (WES might be hurting a bit but has been oversold IMHO). WOW has flattened, WES fallen so I was correct on that one. That should reverse in Jan next year as Trump will be overwhelmingly positive for retail due to higher spending: infrastructure, consumer and business. Debt levels will go up of course and interest rates should also go up but consumer spending and retail conglomerates/ grocers do well.
Insurance, retail and banking gain at the expense of yield plays, life insurers, biopharma and bonds in such a scenario. Not sure about ur AGI but SGR, TAH and WOW's ALH Group or hotels should benefit from Trump.
It will be a crazy 2017, WOW could be $20 or thereabouts but it could also be $30-$40 depending on how things with the Republicans in the Senate and House and Trump interrelate.
I would not be selling my WOW, WES, COST, WMT, SBURY, TSCO, Macy's b4 mid 2017 as I see more upside in groceries from here unless something happens to the Donald IMHO but pls DYOR.
Bottomed out?, page-14
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Last
$30.20 |
Change
0.200(0.67%) |
Mkt cap ! $43.04B | |||
| Open | High | Low | Value | Volume |
| $30.16 | $30.20 | $29.96 | $41.82M | 1.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1200 | $30.18 |
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| Price($) | Vol. | No. |
|---|---|---|
| $30.21 | 4687 | 3 |
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