Looks like the auto bubble’s finally popping! KMX and CVNA keep struggling until sales prices strengthen

by
Sharing is Caring!

by ByteWanderer

Looks like price strength is gone. I know it’s seasonal, but the decline seems sharper around now. I don’t think you should buy puts (unless retail prices crater), but I’m not getting calls until price strength is back. Here is the Full Report

See also  An additional $50 billion has been added, with significant increases expected through the end of the year. This comes as there is no congressional ceiling until after Trump takes office.