CNBC's "Fast Money" cover image

Amazon Prime Day Lifts Retailers Ahead of Key Inflation Data, and the Three Stocks that One Chart Watcher Says Are Ready to Bounce 7/11/23

CNBC's "Fast Money"

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Walmart's Prime Day Isn't Going to Move the Needle on Amazon

Walmart is up against levels we saw in the spring of 2022, this 158 level. So momentum is here. You get a close above that previous all time high at 22 times earnings. This stock could actually accelerate into earnings, I think, in the middle of August or so. But I don't think it moves the needle on Amazon. It's more... Is this about retail? What's going on?

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