Postcards: Well, It's Sunday... Again
In the spirit of Groundhog Day, we look at the week ahead.
Dear Fellow Expat:
Tomorrow, we’ll kick off State of the Republic in the mornings for viewers. Pay attention - we’ll break down something.
Who knows what?
It could be anything between the jobs report or why Lana Del Ray is better than Taylor Swift. (It’s okay to admit it…)
Who knows… We have to be precise.
Monday, July 8, 2024
Event: Walmart Deals (WMT) shopping event.
Republic Speak: Who needs a new Vizio television? Who wants to buy a garden hose on sale? These shopping events are exhausting… and make me want to yell at turtles. Why turtles? Because Jen Psaki was my least favorite Teenage Mutant Ninja Turtle.
I’m personally long Walmart. Why? It’s the largest Big Box retailer and grocery store chain nationwide. It’s not going anywhere. But let me tell you how I’ve played this. Again… full transparency. And I’ll see this position through. I own 100 shares of Walmart (WMT). It’s not a huge position. But I own the stock… and I sold 1 call for June 2025 at the $76.66 level. This is a covere…
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