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Actionable news in WMT: WAL-MART STORES Inc,

Costco's Weakness Following the Wal-Mart Breakdown Will Create a Buying Opportunity


NEW YORK (TheStreet) -- The retail giants are weak this morning following Wal-Mart's (WMT - Get Report) breakdown. Costco (COST - Get Report) has not escaped the damage and at midday is off 1.25%. For Costco bulls, this weakness will produce a very low-risk buying opportunity.

A deeper fade from current levels will push the stock down to the upper band of a key near-term support zone. If...