Editorial companion

What stands out

Landon Swan on Schwab Network pointed out something obvious that investors often miss: Walmart's LikeFolio demand reading rose about 14 percent over the past 90 days, roughly in line with its year-over-year stock move, yet Target and Costco are outpacing Walmart while Amazon trails. The takeaway is not that one company wins forever, but that consumer interest is rotating inside big-box retail and could show up quickly in quarterly sales. Swan’s blunt note is worth heeding: when earnings growth slows, sentiment-run stocks can correct hard, so watch demand signals alongside results.