VIDEO REMINDER In Today’s Masters in Trading: Live -
Amazon surpassed Walmart in quarterly sales for the first time in its history. -
Both shopping giants are helping lead a bullish surge in retail stocks that’s driving huge volume in the options market right now. -
All that bullish options volume will open up new trading opportunities for us in the coming months. Retail stocks are fueling the bullish momentum of this earnings season, with strong beats out of giants like CVS and Home Depot sending the sector higher over the last few weeks. Among all these earnings beats, one really significant development is sending the world’s biggest e-commerce player soaring this week… For the first time in its history, Amazon has reportedly surpassed Walmart in sales. While Walmart reported a robust $180.5 billion in sales for the quarter, Amazon leapfrogged its biggest competitor in the space with over $187.8 billion in sales. With both stocks leading a broader retail rally over the last few weeks, the markets are finding bullish momentum amid the chaotic action we’re seeing. And all that momentum is setting off some undeniable signals in our UOA Scanner that will unlock a whole slew of new trading opportunities for us. In today’s Masters in Trading Live at 11 a.m. ET, I’ll take a deeper look at how Amazon and Walmart’s earnings are guiding market sentiment higher right now. We’ll also see how the UOA Scanner is tracking all this bullish momentum in the options market this week. If you want to be part of the action and share your comments and questions in real time, be sure to join me live on YouTube. It’s a great way to connect directly with our trading community and make sure you’re getting the insights you need to help build a deeper understanding of the markets. Remember, the creative trader wins, |
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