claydoctor

WFM leads the way down

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NASDAQ:WFM   None
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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 stock 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.
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