as of now, the WMT short isn’t even close to being at risk of stopping out, regardless of a blow-out retail sales number.  in fact, the retail sector as a whole (as measured by the XRT, retail etf), is only up about .70%.  the day is young so how it closes and follows thru this week is the important thing but as i alluded to yesterday in the commentary regarding the broad market, the upside potential right now for good news is limited due to the over-bought conditions of the market.  i am continuing to monitor the retail sector for signs of buyer exhaustion and already several of the setups or active trades that i am following have turned negative (sell the news).  updated WMT 4 hour chart lists an objective stop parameter (any move significantly above the recent highs).