Spoke Too Soon

Monday's good start was wiped out today, and the market took "stock" of Wal Mart's report. The giant reported tepid increases and blamed high gasoline prices for the lower spending at its stores. I have another theory. Consumers, despite gasoline prices, have more money in their pockets and are opting for higher end shopping experiences, like Target or Walgreens. You know, someplace they can actually get service. Of course, that's just a theory. Markets tumbled more than 1% on this news, which could be just overreaction. Dow -120.93 NASDAQ -29.98 S&P 500 -14.53