Online used car retailer Carvana (CVNA) reported 4Q21 earnings after the close Thursday. 4Q21 results were fine with units sold +1% to 113,016 and revenue +8% to $3.75 billion compared to 3Q21. The issue is bad 1Q22 guidance due to…
Monday.com (MNDY), an Israeli based cloud work management platform, reported earnings Wednesday morning. Formerly a market darling, MNDY got clocked to the tune of -28% on almost 10x average volume. I believe the issue was 2022 guidance to a larger…
The market is bifurcated into the mega cap tech stocks that have held up well so far – and thus propped up the indexes – and the smaller but still important stocks that have already suffered brutal bear markets. My…
This is an extremely bifurcated market. While the generals like Apple (AAPL) and Google (GOOG/GOOGL) have mostly held up (and the indexes have too as a result), a stealth bear market in important but not leading stocks has taken place…