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Crucial Earnings, Pivotal Housing Data
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Crucial Earnings, Pivotal Housing Data

Markets are on edge after Walmart surprised investors with an unexpected ‘business update’…

Good morning contrarians! It is Tuesday, July 26.

It was a blah day for stocks yesterday until after the close. Then things got interesting when Walmart (WMT 0.00%↑) provided an unexpected “business update” where they lowered their profit outlook. Walmart shares sold off briskly, taking the likes of Target ( TGT 0.00%↑), Amazon (AMZN 0.00%↑), and other retailers with them.

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The daily podcast discusses the major market activity and economic data release schedule for the day ahead, with a contrarian bent. Also includes regular podcast episodes a day (or more) early and without ads or announcements.