What We're Reading

In a bid to improve its position in the ever-growing e-commerce market, Walmart announced today that it agreed to acquire Jet.com for approximately $3 billion in cash. Jet.com is a relatively young e-commerce startup that made a name for itself with an innovative pricing scheme that allows customers to reduce prices by, for example, ordering items from the same distribution center or by forgoing the ability to return items for free.

Walmart and other big-box retailers have struggled to break Amazon’s stranglehold on online retail in the United States, where the market leader’s internet sales exceeded the aggregate sales of its nine largest competitors in 2015. According to estimates by Internet Retailer, a leading provider of e-commerce market intelligence, Amazon’s U.S. e-commerce sales amounted to $92.4 billion in 2015. Walmart generated $13.7 billion in online revenue last year.

My question is who is ready expand their market share?

You will find more statistics at Statista

I'm continually saving charts and data points which I find interesting but generally don't post enough to share the data.  That being said, I thought "wth" and decided to share some of my most recent.  Perhaps you can find a few of interest or maybe you can translate one into a trade.  It certainly can't hurt.  Your comments would be of interest and will be answered.  Happy trading.

Online shoppers by income group.  It certainly seems Amazon benefits by middle income buyers.  Possibly they just don't have the 'time' to shop in a store, working 60+ hours a week and balancing soccer games, football, cheerleading practice, dinner, laundry, etc.

Jet[dot]com is now selling some items at a loss to gain marketshare from Amazon

We've had numerous talks in Chat over coal usage (is clean coal an oxymoron or what?) and this certainly backs up the belief that natural gas continues to be embraced.

Then we have a look at Bear markets of 20% or more.The average # of months caught my eye.