Monday is Going to Be Interesting for Stocks by Wolf Richter • Jun 11, 2022 • 387 Comments Still way too much wild craziness, including the ultimate bag-holder gamble: Why the bottom isn’t anywhere near.
Dotcom Bust 2, New & Improved by Wolf Richter • Jun 9, 2022 • 173 Comments But we’ve had it so good for so long. And it was so easy, and it made everyone look like a genius.
EV IPO Insta-Collapse: Phoenix Motor Plunges into Void on 1st Day, More on 2nd Day. Parent SPI Energy Already Imploded 99% by Wolf Richter • Jun 9, 2022 • 70 Comments Wall Street is still trying to bleed retail investors. But they’re no longer all that eager to get bled.
THE WOLF STREET REPORT: Dotcom Bust 2, New & Improved by Wolf Richter • Jun 5, 2022 • 174 Comments But we’ve had it so good for so long. And it was so easy, and it made everyone look like a genius.
What I think Musk Did, Genius Manipulator he is, by Threatening to Decimate Tesla’s Salaried Staff & Management while Increasing Headcount of Factory Workers by Wolf Richter • Jun 3, 2022 • 270 Comments He has a rebellion over WFH on his hands, not a demand problem for EVs, and is knuckling them into submission.
Tech Bust Takes Next Step: Layoffs & Hiring Freezes by Wolf Richter • Jun 2, 2022 • 127 Comments Dotcom Bust 2 has begun. Only bigger. (Transcript from the podcast).
EV SPACs Warn about Running Out of Cash: The Beginning of the End for the Craziest Stock Bubble Ever by Wolf Richter • May 30, 2022 • 173 Comments Electric Last Mile said it might only make it “into June.” So far in this cycle, 25 SPACs have warned they might not make it, including 6 EV SPACs.
If Buffett Still Owns Snowflake Tonight, His Gain of $1.9 Billion at the High is Now a Loss of $37 Million by Wolf Richter • May 25, 2022 • 94 Comments Snowflake reported earnings again, which these IPO companies should be prohibited from doing because it just kills the stock.
Housing Bubble Getting Ready to Pop: Unsold Inventory of New Houses Spikes by Most Ever, to Highest since 2008, with 9 Months’ Supply, Sales Collapse at Prices below $400k by Wolf Richter • May 24, 2022 • 343 Comments Stocks of homebuilders swoon amid worst inflation in construction costs, shortages, and spiking mortgage rates that take buyers out of the market.
Snap Walks Back Already Lowered Guidance from Month Ago, Shares -30% Afterhours, -81% from High, Below IPO Price by Wolf Richter • May 23, 2022 • 111 Comments “The macroeconomic environment has deteriorated further and faster than anticipated.” Kathoomph. And Zoom gives up most of its knee-jerk mini-jump afterhours.
