AUTO DEALERSHIPS CONTINUE TO WEAKEN - TWO MORE SHORT TRIGGERS ACTIVATED



A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-SII & PUBLIC ACCESS) READERS  REFERENCE

SII - AUTO -- AUTO DEALERSHIPS



MATASII SYNTHESIS:

  • Penske Automotive Group (PAG) and Sonic Automotive (SAH) both activated  their MATASII SHORT Trigger levels,
  • 5 of the 7 Auto Dealerships on the MATASII Watch List are now SHORT,
  • Even with two of SHORTS just activated the average SHORT gain is 11.8%,
  • Remember: This is taking place during the largest rising market month since 1987