The $31 billion decline in the value of Walmart Inc. (WMT) stock on Tuesday rocked the stock market, dragging the Dow Industrials down 250 points. I have always found the technical outlook for a stock or market to be much more reliable than trying to forecast earnings. So, with Walmart stock in the news, let's look at the technical outlook. In January, market risk was high (Is The Stock Market Now On Thin Ice? As for the overall stock market, the decline Tuesday has been followed by buying early Wednesday with strong market internals.

Source: Forbes February 21, 2018 18:56 UTC