It May Not Be a Zero-Sum Game, After All

With Wal-Mart surging higher today after earnings, combined with Amazon clearing five-month resistance, it may be worth reassessing the ubiquitous notion now that AMZN's success necessarily equals failure for most other things retail.

If that were for the case, perchance, then why is WMT still holding the low-$60s area with confidence, the level from which it broke out years ago?

In reality, WMT still may very well thrive long-term even if Sam Walton's heirs are not quite as savvy and hungry as he was--The business model was designed for that to be the case anyway. 

And when you look at the monstrous move in TIF of late, there no doubt remains segments of retail which can succeed even as Jeff Bezos tries to take over the world.

More on the market in my usual Midday Video for Members.