|Day Low/High||89.21 / 93.63|
|52 Wk Low/High||85.36 / 155.98|
Carvana , which traded +$6 in the morning, is -$4/share and at $102 is very close to its 52 week low, and is about $275 off its high of $377 - following CarMax's miss! This core short is the gift that keeps on giving.
The march toward positive real yield territory has put the whammy on equities, primarily on tech or "growthy" type stocks that have run at higher valuations.
There's no doubt that this is a good business, but can this momentum be sustained once supplies of new vehicles become less constrained?
Perhaps the rally had been set up by the depth of the pressure placed on financial markets over the prior three days. Perhaps.
Is Delta dying down, or is this the calm before the storm up north?
Yes, the cost of doing business in the U.S. is going higher. How close are we to becoming an artificially managed economy, which by the way has failed on every attempt made in human history?
The goal is to find something that will be done no matter what when it comes to people who have more money than they had before and finally some options to do something with it.
I would recommend a cautious stance for KMX going into Thursday
Do not fear the housing sales boom -- this is good news and I'll tell you why.
The December Conference Board Consumer Confidence index fell to 88.6 from 96.1 and that is well below the estimate of a slight uptick to 97. This is the lowest print since August with most of the moderation in the Current Conditions component which ...
There's also a report that the new vaccines appeared to maintain efficacy against new strain(s) of the virus.
Sellers of the car retailer's shares have been more aggressive of late, which may be welcome news for dip buyers.
After years of being losers how did everything auto catch fire? Simple: the darned pandemic.
Let's check out both the stocks that are going strong -- even without a stimulus -- and what I call the nascent bull markets.
The market is reflecting a triumph of big business over small business, and here's what that means for individual stocks.
Shares of AN just pushed up to a new 52-week high.
It's remarkable to see such excitement based on totally contradictory theories and themes.
I don't see volatility issues for Insurance Acquisition Corp., which is set to vote on its merger with Shift in mid-October.
The result has been a technical breakdown in risk-asset pricing -- and the main culprit is without a doubt, the inability of Congress to compromise.