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Wal-Mart (WMT) on Wallstrip…WTF?

It’s actually an interesting time to look at Wal-Mart (WMT) on Wallstrip.

First of all, Julie talking about dust would be interesting .

Second…The US Market has now gone nowhere in 10 years…same for Wal-Mart.

BUT – Since the credit Crisis really ‘tipped’ in August of last year, Wal-Mart has rallied 20 percent and is not too far from all-time highs.

Please explain that one to me.

I could really give a rat’s ass about Wal-Mart and their crappy stores, but investors and traders seem to care and are piling in as the US economy teeters. I am really interested to see how this plays out for the Wal-Mart bulls and bears.

Here is Brian’s look at the technicals:

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