CONSIDER TAKING 42% MATASII GAINS IN ADVANCED AUTO PARTS AAP CHART AS OF CLOSE 11-23-18 INITIAL AAP Advance Auto Parts IDEA: April 29th, 2018 A large expanding wedge can be seen for the drop off since the 2015 highs, with the market currently sitting about halfway inside it (weekly chart left). On the daily chart […]
SII US Retail Automotive
GLOBAL AUTO INDUSTRY COLLAPSE CONTINUES AS OCTOBER EU DATA SHOWS NO RELIEF
THE HEADLINE: GLOBAL AUTO INDUSTRY COLLAPSE CONTINUES AS OCTOBER EU DATA SHOWS NO RELIEF MATASII SII ANALYSIS: FCAU Fiat Chrysler Automobiles IDEA: APRIL 13th, 2018 Supporting Initial Chart: FCAU Fiat Chrysler Automobiles IDEA: APRIL 13th, 2018 Current: As of 11-15-16 Close GLOBAL AUTO INDUSTRY COLLAPSE CONTINUES AS OCTOBER EU DATA SHOWS NO RELIEF A PUBLIC SOURCED […]
USED CAR DEALER SALES ARE NOW ALSO BECOMING A PROBLEM
S USED CAR DEALER SALES ARE NOW ALSO BECOMING A PROBLEM — A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBER & PUBLIC) READERS REFERENCE – 10-14-18 – Daniel Ruiz via BlindersOffResearch.com – “The Why Behind The September Used Car and Truck CPI Report” — We have been testing the upper limits of used vehicle pricing (and new) […]
US SEPTEMBER AUTO SALES A DISASTER – BLAME HIGHER INTEREST PAYMENTS & LOWER INCENTIVES
US SEPTEMBER AUTO SALES A DISASTER – BLAME HIGHER INTEREST PAYMENTS & LOWER INCENTIVES — SOURCE: 10-02-18 – “September U.S. Auto Sales Plunge, Most OEMs Miss Pessimistic Estimates” — It has been an extremely ugly month for car makers. Results from Ford, Honda, Nissan, Toyota and Fiat all tell the story of an industry that […]
AUTO SPENDING TUMBLES AS RETAIL SALES MISS ACROSS THE BOARD
AUTO SPENDING TUMBLES AS RETAIL SALES MISS ACROSS THE BOARD — SOURCE: 09-14-18 – “Retail Sales Miss Across The Board As Auto Spending Tumbles” — The summer spending spree is officially over. In August, the US consumer hit the breaks on spending as retail sales tumbled from 0.7% to just 0.1%, well below the 0.5% […]
AUTO FIRMS FACE LIQUIDITY RISKS DUE TO RISING AUTO LOANS
AUTO FIRMS FACE LIQUIDITY RISKS DUE TO RISING AUTO LOANS — SOURCE: 09-11-18 Factset – “Car Companies Face Liquidity Risks Due to Rising Auto Loan Delinquencies” — Over the auto industry’s long history, both domestic and foreign manufacturers have proven that they can rapidly churn out innovative products for the U.S. market to meet evolving […]
GLOBAL CAR SALES HIT SPEED BUMP AS DEMAND SLOWS & TRADE TENSIONS LOOM
GLOBAL CAR SALES HIT SPEED BUMP AS DEMAND SLOWS & TRADE TENSIONS LOOM Auto makers grapple with higher steel and aluminum prices and stiffer emissions regulations in Europe and China The trade dispute between the U.S. and China is pressuring the global auto industry. Above, Buick vehicles outside a car dealership in Shanghai. PHOTO: QILAI SHEN/BLOOMBERG NEWS […]
GM, FORD SHARES RISE AFTER CHINA CUTS AUTO & PARTS TARIFFS
GM, FORD SHARES RISE AFTER CHINA CUTS AUTO & PARTS TARIFFS — SOURCE: 05-23-18 CNBC – “GM, Ford shares rise after China says it will cut tariffs on car parts and vehicles” — The Chinese Finance Ministry says tariffs on certain vehicles will come down to 15 percent from as much as 25 percent while […]
INDEX FOR USED CARS & TRUCKS HAS LARGEST DECLINE SINCE MARCH 2009
INDEX FOR USED CARS & TRUCKS HAS LARGEST DECLINE SINCE MARCH 2009 The index for used cars and trucks fell 1.6 percent in April, the largest decline since March 2009. The recreation index fell 0.4 percent, the largest decline since December 2009. The index for airline fares fell 2.7 percent in April, and the new […]
ORLY O’Reilly Automotive IDEA
The potential pattern for ORLY since it started falling off in 2016 appears to be unfolding as an expanding wedge (weekly chart left). The current market is approaching the resistance for the pattern as well as previous highs and these offer potential opportunities when broken or bounced off of. IF we see a break up […]