//@JunLong:Ok//@themonkey:ok//@StonkerLL: Yayayaya papaya//@koolgal: Thanks @TigerStars for introducing @Keeley and @StopHunter . I shall look forward to learning more from these 2 experienced investors who are well versed in trading and technical analysis. I appreciate their willingness to share their expertise and knowledge with all of us here at our wonderful
@TigerStars:Tiger Stars: Invest With @Keeley @StopHunter
Two things, the first is that some brokerages are starting to call margin, but it certainly has to fall, and the last fall is still painful.The second thing, it shows the complexity of the situation. On the one hand, the unemployment rate has not come down. On the other hand, used-car values, a measure of American consumption, plunged.Shares of used car platform $CarMax(KMX)$ tumbled 22 percent after the company reported results. This is what happens to businesses when high inflation and high interest rates coexist.Adjusted earnings per share for the second quarter were $0.79, well below year-over-year earnings of $1.72 and well below expectations of $1.40. Sales of $8.14 billion fell short of estimates of $8.56 billion. Profits were particularly weak at the wholesale car business, which m