US Retailers Market Outlook
Published: June 04, 2026
Author: Christopher Lewis
Overview
The article discusses the positive outlook for major US retailers, specifically Amazon (AMZN), Costco (COST), and Walmart (WMT), as they prepare for upcoming market movements ahead of the non-farm payroll report.
Amazon (AMZN) Analysis
Amazon's stock is showing signs of stabilization around the 50-day Exponential Moving Average (EMA). The article suggests that if AMZN can break the resistance at the $257 level, it may gain momentum. Conversely, a drop below this level could see the stock retreat to around $240.
Costco (COST) Analysis
Costco appears poised for a rebound, potentially moving above the 200-day EMA. Despite a recent earnings call that slightly missed expectations, the article expresses optimism about Costco's ability to rally, given its popularity among US consumers.
Walmart (WMT) Analysis
Walmart's stock is also bouncing back from the 200-day EMA, similar to Costco. The article notes that Walmart had a decent earnings call, although forward guidance raised some concerns. The expectation is for Walmart to fill the gap at $130, indicating a potential upward trend.
Conclusion
Overall, the article presents a bullish sentiment for US retailers, highlighting technical indicators that suggest potential upward movements for Amazon, Costco, and Walmart as they navigate the market landscape ahead of significant economic reports.