Walmart (WMT) missed their target sales
The markets were down again after the terrible day yesterday. The Dow Jones Industrial Average was down 57 points down .43 percent with 4 hours of trading left in the day. The NASDAQ was down 36.42 points down 1.32 percent with 4 hours of trading left for the day. Federal Reserve Chairman Ben Bernanke hinted at slow growth and retail sales were slow. Walmart (WMT) missed their target sales although Target beat estimates. And the high price of oil continued to drop. Most of my stocks for the day were down with Walmart (WMT) down 1.89 percent. This means that Walmart (WMT) is down 12 percent for a two year period not including dividends. Not good.
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