The Collapse of the EV SPACs: Retail Investors Got Fleeced Swiftly and Spectacularly by Wolf Richter • Feb 12, 2022 • 247 Comments Four stocks collapsed by over 90% from highs. Others not far behind. SPAC-hype-boom leaves trail of SEC & DOJ investigations and class-action lawsuits.
Shares of Online Used-Car Dealers Vroom & Carvana Collapsed as Market Turned its Back on Money-Losing “Disruptors” by Wolf Richter • Jan 29, 2022 • 167 Comments That they lost gobs of money every year didn’t matter until suddenly it did. But now there’s a new challenge heading for them.
Stocks Better Bounce Soon or Else I’ll Have to Revise the WOLF STREET Dictum, “Nothing Goes to Heck in a Straight Line” by Wolf Richter • Jan 24, 2022 • 316 Comments Even a dead-cat bounce that makes your ears ring would do.
Despite All the Hype, Movie Theater Ticket Sales in 2021 Down 68% from 19 Years Ago. AMC Shares Collapse from WTF Spike by Wolf Richter • Jan 24, 2022 • 88 Comments Blockbusterization out of desperation.
When a Wild Bull Stumbles into a Hibernating Bear by Wisdom Seeker • Jan 23, 2022 • 208 Comments How often do we get a Bear Market after a strong bull market plunges to the 200-day moving average?
The Mayhem Below the Surface of the Stock Market Seeps to the Surface: Now it’s the Giants that Topple by Wolf Richter • Jan 21, 2022 • 452 Comments The market finally gets it: The Fed is going to tighten to get a handle on its massive inflation problem.
Time to Revisit that Crazy Lumber Price Spike that Died and Came Back to Life by Wolf Richter • Jan 13, 2022 • 142 Comments The spike was thought to be buried and relegated to history. Turns out, it was an undead spike that’s now roaming the land again, wreaking havoc
After the Shortage, a Glut? Semiconductor Sales Hit Record for 7th Month. Hundreds of Billions in New Investments Planned by Wolf Richter • Jan 12, 2022 • 76 Comments But will there be enough demand in 2023 or beyond for all this new capacity in such a cyclical industry?
Wage Price Spiral Takes Off, Companies Point at it: Albertsons Shares -8%, JP Morgan’s Dimon Sees “Huge Pressure” on Labor Market by Wolf Richter • Jan 11, 2022 • 175 Comments The Fed finally sees it too.
New Vehicle Sales in 2021 at 1978 Level: 25 Years of Stagnation Interrupted by Plunges. But Prices Explode to WTF Level by Wolf Richter • Jan 6, 2022 • 177 Comments GM and Ford sport 6 year declines of -28% and -27%. Toyota blows all away, but still -7% from 2015. Hyundai-Kia sets new record. Captured in charts.
