XLY continues to be a sector we are ready to accumulate PUT LEAPS in.Β Β Last week, Walmart $WMT (Thursday Aug. 20th: -9.15%), announced that the poor are retreating to dollar stores now......and the upper middle class activity at Walmart is growing (π). Also, Advance Auto Parts $AAP (Thursday Aug. 20th:Β -24.55%), just announced forward earnings estimates in significant decline.Β Advance Auto is where the poor goes to buy car parts to fix their own cars.Β If they quit fixing their cars......what are they going to do? Sit their ass on a couch - that's what. And now this Monday, Dickβs Sporting Goods $DKS closed at -30.68% after reporting lower revenue than expected, an adjusted EPS decline of -19% YoY and cutting FY2026 guidance for revenue and adjusted EPSβ¦ who tries to integrate a shoe company at the peak of the cycle!?!??!π€ͺπ«¨π³ππ₯ People are running out of money. Do you know what comes next? Learn to read and listen to the markets.Β They are speaking to us loud and clear. See how at: www.beskarcapitalkts.com This is the Way! πββοΈππββοΈπππ
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10 Comments
Fabric Unraveller@dma165 Β· 10h
If people canβt afford to shop at Walmart then we are doomed π
Mike L@noviceadvisor Β· 9h
@beskar_capital I knew I should have bought into dg or dltr. I still got some freedom dollars to invest. I'm surprised by tgt turnaround though
Mika @goldenfit Β· 10h
$WMT to buy or not to buy... that is the question now.
Jo @joannie Β· 9h
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