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re: Brand new to Stock Market

Posted on 1/21/16 at 1:43 pm to
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 1/21/16 at 1:43 pm to
This has been discussed already, just bc Wal Mart announced they were closing 200 something odd stores and you didn't hear about the 300 new ones they're opening doesn't mean retail is down. Look at Amazon sales. This economy is shifting into a new age since '08
Posted by Rakim
Member since Nov 2015
9954 posts
Posted on 1/21/16 at 5:17 pm to
quote:

This has been discussed already, just bc Wal Mart announced they were closing 200 something odd stores and you didn't hear about the 300 new ones they're opening doesn't mean retail is down. Look at Amazon sales. This economy is shifting into a new age since '08



Just because Wal-Mart has gone from $90 to $60 in the last year doesn't mean retail is weak??? Just because overall retail is lowest since '09 doesn't mean you shouldn't have bought at $90 a year ago? If you held to $60 today then you should hold longer, right?

Do you guys even read financials?
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