Wow, What A Bunch Of Crap -- September 19, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Wow, What A Bunch Of Crap -- September 19, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Wow, What A Bunch Of Crap -- September 19, 2018
link : Wow, What A Bunch Of Crap -- September 19, 2018

Wow, What A Bunch Of Crap -- September 19, 2018

CNBC posted a story earlier today reporting that Amazon plans as many as 3,000 cashierless stores by 2021. 

The story suggests that even though Amazon plans this, the likelihood of this happening is pretty remote. But regardless, CNBC presses on. A direct quote from the article:

Shares of retailers including CVS, Walgreens, Walmart, Target and Kroger moved sharply lower Wednesday afternoon following the report.

At the bottom of the article, CNBC posted the share prices of Kroger, Target, Walmart, CVS, Walgreens, and Amazon. Because I have holdings in one, two, some, many, all of the companies listed I was greatly concerned -- whether Sophia gets new shoes or not -- reading that "shares of these retailers moved sharply lower following the report."

See the table below -- this is a screenshot of the graphic posted by CNBC in the same article.

Note that two of the five (other than Amazon) actually increased in share price (CVS and Walgreens). Walmart, a $100-share company, lost 19 cents (sharply lower?). Target tanked well below $60 not long ago and is now trading near $90, despite a "sharply lower" price today -- a loss of 52 cents, again, on a $90-share stock.

This is incredibly embarrassing, one would think. It is certainly tedious.

Here's the chart.

Whether a 1.4% drop for KR is sharply lower or not is in the eye of the beholder. But after hours, based on criteria set by CNBC, Kroger was sharply higher:

https://ift.tt/2dZyQXu

Thus Article Wow, What A Bunch Of Crap -- September 19, 2018

That's an article Wow, What A Bunch Of Crap -- September 19, 2018 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Wow, What A Bunch Of Crap -- September 19, 2018 with the link address https://mylivemyidea.blogspot.com/2018/09/wow-what-bunch-of-crap-september-19-2018.html

Tweet

Subscribe to receive free email updates: