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Bear Of The Day: CarMax - Thursday, Dec. 29
Article By: Zacks Investment Research
Thursday, December 29, 2022 7:58 AM EST
The car market is dying down. The wunderkinds of last year are becoming the face of the bear market now.
In this article: KMX
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The Market Is Incorrectly Priced For A Soft Landing
Article By: Greg Feirman
Tuesday, December 27, 2022 8:06 AM EST
While inflation has been mostly tamed by the Fed’s aggressive rate hiking, the market hasn’t yet priced in the effects of all those hikes on economic growth. Monetary policy acts with a lag and that will be the lesson of 2023.
In this article: BBY, HD, KMX, LEN
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MU, KMX Earnings = Recession Next Year, Stocks Lower
Article By: Greg Feirman
Thursday, December 22, 2022 8:47 AM EST
Terrible earnings reports from Micron yesterday afternoon and Carmax this morning add further support to the idea that we’re headed into a recession next year and stocks have not bottomed.
In this article: KMX, MU
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KMX Stock May Be Washed Out
Article By: Greg Feirman
Monday, December 19, 2022 11:25 AM EST
As the supply chain for new cars has loosened and inflation priced many consumers out of the car market KMX has taken a beating. Its stock is down more than 60% since its all-time high in November 2021.
In this article: KMX
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Intraday Technical Analysis Of CarMax Inc.
Article By: AAATrade
Monday, December 19, 2022 5:45 AM EST
Looking at KMX ‘s chart, we can see that it is in a downtrend, and it was lastly traded at around $61.45.
In this article: KMX
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