Tesla’s Overkill, Rivian’s Recall-A-Thon, Demand Destruction For Ford & GMOctober 10, 2022by Joseph HargettGreat StuffMotör City Madness Sunrise — wrong side of another day. Wall Street’s sky-high, 6,000 miles away. Don’t know how long I’ve been awake. The market’s wound up in an amazin’ state. Hold on, I know this one… Motörhead? Motörhead! Remember me now — Motörhead! Alright… Every motorhead in the market must’ve been rubbernecking this morning, […]
July Retail Sales Were Flat As Inflation ClimbsAugust 17, 2022by Joseph HargettGreat StuffMoving In Retail Life’s the same. I’m moving in retail. Life’s the same except for gasoline. Life’s the same. We’re shakin’ like tremolo. Life’s the same, or so the analysts say… Great Ones, the latest and greatest on U.S. retail activity from the Commerce Department hit today … and according to analysts: “Everything’s perfectly all […]
Bloodbath & Beyond; Or, Anarchy In The BBBYAugust 8, 2022by Joseph HargettGreat StuffDon’t You … Forget About Meme Stocks Great Ones, just when you thought it was safe to get back in the trading waters … meme stocks are back with a vengeance. GameStop (NYSE: ) is up more than 27% in August, while AMC Entertainment (NYSE: ) has surged more than 70%. OK, so GME never […]
Blue Chip Blues: Walmart’s Warning, 3M Is Churning & GM Is BurningJuly 26, 2022by Joseph HargettGreat StuffThe Blue Chip Blues Well … it’s flooding down at Walmart (NYSE: WMT). All of the inventory is marked down. Yeah, it’s flooding down at Walmart. All of the inventory is marked down. I’ve been tryin’ to buy food for my baby. Lord, and I can’t spare a single dime… Oh! Let me guess… “Texas […]
The “Stuff” Surplus Has Started; Like Taking Candy From Buybuy BabyJune 30, 2022by Joseph HargettGreat StuffDid Somebody Say “Blue Light Special?” Great Ones, we’ve long talked up the average consumer’s willingness to overspend like no tomorrow. You might fancy yourself a thrifty shopper, but c’mon: Who doesn’t at least shell out for the good frozen pizza every once in a while? No? Call it a willingness, call it an active […]
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