I've been waiting to enter COST since you initially posted on 4/27 since I didn't like the looks of it back then (just chart intuition, no other basis). I bought Oct $310 calls today as it hit the .5 Fib level and support at about $297 once I saw the 10yr start to rise.
Hello Greg, If you watch WMT and TGT they are like following each other now within a point
or so. I call them the twin retail peas in a pod. I think that the retailers like Costco and TGT
did better during the lock downs. Now all retail is opening up. WMT of course is the slaggard
of all stores. Go to one and see how the people in them are so not doing smart covering their
faces and hands. They walk around within two inches of each other and no basic policy. Whether
you believe in the virus or not, being smart is always better than being a stupid cow with no
protection on. Target had distancing and mask requirements so did Costco. Plus people were
buying their stuff online from Costco as well so I think Costco though overpriced will do well
and so will TGT. WMT? You even look at their stock of stuff to buy all gone because it is from
China and I think China ain't sending as much "stuff" here any more so the WMT's are becoming
empty shelved Johnnies. Look at their computer, tv stock, bike stocks, etc. all kapoot! Maybe
this is the what they all were talking about with the debt US owes to China, the gold we leased
from China and didn't return, etc. so now they produce just about everything so they can reduce
stuff coming here to the US and we don't have crap for production lines whether defense or
consumer goods. So, that's why you have to play calls on retail because those are the only
sheeple games in town anymore except tech stocks which of course produce the bulk of their
crap in China as well. Boeing is in China now, Tesla in China, etc, etc. so how do any Western
Nations or the US Citizens think this is going to end well? I'm sure there also scarfing down as
much silver and gold reserves as possible as we sit here twiddling our thumbs and "consuming"
like sheeple. So sad. Make America Great Again?!! Where? TGT, WMT, CTSC, MSFT, etc. I'll bet
on gold and silver an those stocks all the time and anytime because the rest of the world is
using these things as "currency" to buy their stuff with.
I've been waiting to enter COST since you initially posted on 4/27 since I didn't like the looks of it back then (just chart intuition, no other basis). I bought Oct $310 calls today as it hit the .5 Fib level and support at about $297 once I saw the 10yr start to rise.