Whole foods has always been a leading indicator of trends. Do chart comparisons to 2000 and 2007-08, and it becomes obvious. Walmart announcing its push to compete with WFM products is not a catalyst, but an indicator and symptom of a larger trend in the economy, and tips where we are headed. Apple's 7 to 1 split is a weak attempt and a last ditch effort to support values, where mobile innovations take a turn from hardware and software to "usage". At some tipping point the well govt funded unemployed or non employed will loose funding, and GDP will shrink. The high end grocer market is fading fast.
Thanks. the 42.50 puts paid handsomely. sold at 37.81. WFM been berry berry good to me. Now lets see if the markets follow with strength, or continue the weak bounces for a while yet. I keep thinking this rotation sell by the big boys is a carefully orchestrated way to buy and build and then sell for the highest they can until the signal comes to sell one sell all. This entire bull run seems orchestrated by someone?