I noticed yesterday, the stock market bloodbath was away from the financial sector.
And WMT.
Indeed, in times of uncertainty, get the buttocks to the Wal Mart, Wallsmark, which is the gut, the roiling gut of America.
I mused to myself that, if the rally started, if it ever would, despite an unfriendly regime in DC, it would begin with finance, with money pumped in from govco to save 401k's.
Charles Schwab was up on May 11, 2022.
Flash forward.
Today, the retail sector, and a few other odds and ends, anomalies, and I'm seeing, there is money looking to come into the market, even in the slump, people looking to cash-in, even while so many seem to cash-out.
Stupid options guys, triggering wave after wave of sell-off, meanwhile, a few brave pioneering souls still possessed of a will to make a little money.
With gas prices up, Murphy USA is worth more than still-solid Walmart. So in effect, you might spend 400 dollars a week at Walmart, and only 120 at Murphy, but Murphy's stock is up a bit over Walmart.
Fack.
It's all a matter of confidence and a few simple leaps of logic, with gas prices up, total sales for Murphy will be up, and even that despite feds threatening some of the tobacco sales, with gas prices artificially inflating sales, even as total sales volume decreases.
The number of uniques decrease, you see.
Thanks again for triggering saves of sell-offs, option guys.
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