Found a source that indicated in China sales were 12k up 7% over September. So China isn't doing bad. Europe however was only abouy 2k so thats only 14k vehicles in Europe & China. Curious what November numbers will look like.
not only lower sales but losing market share to VW will have bigger impact imo
all the value is in the "story" and when you get to the S&P, the story is financial results qtr to qtr, not ten years out in a rapidly changing landscape...
throw in potential cost of recall w/ 40k cars china and possibly 115k in US, this could get ugly fast...
i watched order flow and lots of 1 share trades... so probably lots of robinhood traders on margin that have not seen how bubbles burst... how many will get wiped out on correction remains to be seen...
it appears that folks think being added to the s&p will be a value driver... i think it will show value dislocation relative to others... shortage of shares with only 40% institutional interest and insiders selling.... don't think so.... dislocations usually get corrected eventually and sometimes quickly... wall st and hedge funds like to make money.... not much on the upside from here and lots to be made on the downside...
do some homework and ask where does one put ones money with all the choices
News 
Market Data 
Discover 
