SII AUTO – REPOSSESSIONS & USED CAR DEPRECIATION RATES ADDING TO GROWING USED CAR GLUT — SOURCE: 12-21-17 Ethan Gaines, A Cold War Relic Blogspot – “What’s Going On?” — I love selling -cars, the industry gave me a purpose after the shitty experience of being a corporate cog. But I’m truly starting to fear the […]
SII US Retail Automotive
PRIVATE EQUITY FIRMS ABOUT TO GET CRUSHED ON SUBPRIME AUTO BETS
PRIVATE EQUITY FIRMS ABOUT TO GET CRUSHED ON SUBPRIME AUTO BETS — SOURCE: 12-21-17 ZeroHedge – “These PE Firms Are About To Get Crushed By Their Subprime Auto Bets” — In the aftermath of the ‘great recession,’ private equity firms placed massive bets on subprime auto finance companies with the typical “thesis” going something like […]
RETAIL: AUTO – HURRICANE REPLACEMENTS NEARLY COMPLETE – “VICIOUS CYCLE” SOON TO RESUME!
RETAIL: AUTO – HURRICANE REPLACEMENTS NEARLY COMPLETE – “VICIOUS CYCLE” SOON TO RESUME! — SOURCE: 10-30-17 Blinders Off’s Daniel Ruiz via RealVision.com, – ” The Wait Is Over” — Before I get started, I’d like to share a few important things that will help bring perspective to my analysis. Eighty-six percent of consumers purchasing a new vehicle use financing. The […]
SII: RETAIL AUTO – AUTO OEMs PLAN TO FLOOD THE MARKET WITH 50 NEW ELECTRIC CAR MODELS – DESPITE MASSIVE LOSSES??
– SII: RETAIL AUTO – AUTO OEMs PLAN TO FLOOD THE MARKET WITH 50 NEW ELECTRIC CAR MODELS – DESPITE MASSIVE LOSSES?? — SOURCE: 10-02-17 ZeroHedge – “Auto OEMs Plan To Flood Market With New Electric Car Models Despite Massive Losses” — Last month we noted that Tesla really outdid itself in 2Q 2017 by […]
SII RETAIL AUTO: SLOWING SUV SALES COULD SIGNAL A TURN IN THE MARKET
SII RETAIL AUTO: SLOWING SUV SALES COULD SIGNAL A TURN IN THE MARKET — SOURCE: 08-25-17 WSJ – “Slowing SUV Sales Could Signal a Turn in the Market” — Vehicles account for 20% of retail spending. A crash or even a significant slowdown will impact retail sales and thus GDP. Reasons to Expect a Crash […]
JCI Johnson Controls International IDEA
The weekly view of JCI shows the market has reached previous high levels (left edge of left chart), and may be putting in a potential double top (left chart, current). The lift from JCI sine 2003 has done so in a contracting wedge: a break of the pattern could offer opportunity. IF we do see […]
MGA Magna International Inc. IDEA
Watching for expected weakness in the auto sectors, the current technical set-up for MGA is below. A potential double top can be seen on the weekly chart (left), with the market then dropping off in to 2016. Since then a slightly contracting wedge consolidation has developed: breaking this structure offers potnetial opportunities. Solid orange […]
SII – AUTO: THE FINAL NAIL IN HERTZ’S COFFIN – A FLAWED FLEET DEPRECIATION MIX
SII – AUTO: THE FINAL NAIL IN HERTZ’S COFFIN – A FLAWED FLEET DEPRECIATION MIX –SOURCE: 08-14-17 Authored by Daniel Ruiz via Blinders Off blog – “Hertz – The Final Nail In The Coffin” — As a disciplinarian in the automotive sector, my focal point is concentrated on the study of used vehicle values and how they […]
AVIS PLUNGES ON HUGE MISS – MARGIN COLLAPSE – GUIDANCE CUT – “OVER-FLEETING”
AVIS PLUNGES ON HUGE MISS – MARGIN COLLAPSE – GUIDANCE CUT – “OVER-FLEETING” — SOURCE: 07-13-17 ZeroHedge – “The Uber Effect: Avis Plunges On Huge Miss, Margin Collapse, Guidance Cut, “Over-Fleeting” — While the growing woes facing the auto sector are well-known by now (see “Carmageddon: Ford & GM Sales Tank Despite Record July Incentive […]
ORLY IDEA: Outcome & Performance
Below you can see the original post for ORLY’s technical set-up on May 6th, 2017; and the current market as of July 24th, 2017. The significant technical break around the $227 level occurred; and a low of $170 (+25%) was reached. While we had identified the $227 level as one of significance, there were also […]