WOW 0.03% $29.89 woolworths group limited

Bottomed out?, page-14

  1. 12,929 Posts.
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    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.
    Last edited by JCoure: 06/12/16
 
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