October 14, 2015 – Walmart 2:30 pm eastern

Walmart is down almost 10% after forecasting an earnings decline for its fiscal year that begins in February. The company indicates that sales would continue to increase and that earnings per share would grow 5 to 10% in fiscal 2019 which ends in February 2018. Its profit this year has been hit by the higher U.S. dollar. I decided to buy a 100 shares on the decline. However, these shares could certainly go lower or lanquish for some time before any recovery.