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CVNA

Happy Holidays!Wishing everyone Happy Holidays! 🎄🕎 I hope you enjoy my chartwork (the Christmas tree is brought to you by the shooting star 🌟 pattern on Carvana's quarterly chart). As I reflect on this challenging past year, I thought I would post a few of the lessons I have learned trading and investing over the years. Trading Always manage risk by using a stop loss. Consider the asset's Average True Range (ATR) on the timeframe you're trading on. If the distance from your entry price to your stop-loss price is less than the ATR, then your trade is likely to fail (stop loss triggered) simply due to normal volatility. If feasible, consider hiding your stop loss under large buy orders using level II market data. Avoid trading on assets with low volume or assets with wide bid-ask spreads. Consider the tax implications of your trades and consider developing a trading strategy that avoids triggering or minimizes the effect of the wash sale rule. For more trading tips you can read my post linked below. Investing Always manage risk by diversifying portfolio holdings. Consider holding a wide array of uncorrelated assets or a broad array of low-fee ETFs, REITs, and/or mutual funds. When available, always opt to automatically reinvest dividends. This strategy works for investing (not trading) because most assets preserve wealth better over time than holding cash. Buying more and more of an asset over time compounds growth. Consider the tax implications of your investments. Consider maximizing your investment's growth by using tax-sheltered accounts (IRAs and HSAs) and harvesting tax losses in taxable brokerage accounts. Only invest in assets that, when adjusted for dividends, move up in price at a faster rate than that which the money supply grows. To determine whether an asset achieves this, compare the asset as a ratio to the money supply. For more details, you can read my post linked below. These are just a few of the many lessons I have learned over the years. I have dozens of pages of tips and lessons learned in my Trading & Investing Notebook. I encourage everyone to keep a notebook. What trading and investing lessons have you learned over the years? What tips would you give to a beginning trader? Leave a comment below!
Editors' picks
NYSE:CVNA
by SpyMasterTrades
22
CARVANA to 0 will be a big indicator! (Bottom)ENG: - Carvana is a used car dealership that operates like a unicorn. (they don't make money, they operate on loses). - Sadly, Carvana is NOT a tech company that can generate additional revenues in any other way other than: SELLING CARS. - Used car sales for the past 2 years went crazy towards the upside, and are now crashing fast. - Most car loans generated in these last 18 to 24 months are underwater by quite an insane margin. - The Car Repo Business has acquired long term properties, to not drop all inventory into the market at once, and kinda stabilizing prices. - High interest rates make it impossible for average people to buy new or old cars at the moment and for the next year or so based on what the Fed says. THESIS: Carvana shouldn't exist. They took advantage of being funded like a technology company, when their business model never evolved further than any other conventional car sales company. Carvana is ONE OF MANY companies that shouldn't exists in this market. Until we see these companies go bust and what the consequences to the investment firms that poured money into them are, we can't call it a bottom. ----------- - Carvana es una concesionaria de autos usados ​​que opera como un unicornio. (no ganan dinero, operan con pérdidas). - Lamentablemente, Carvana NO es una empresa de tecnología que pueda generar ingresos adicionales de otra forma que no sea: VENDER AUTOS. - Las ventas de autos usados ​​durante los últimos 2 años se volvieron locas hacia arriba y ahora se están desplomando rápidamente. - La mayoría de los préstamos para automóviles generados en estos últimos 18 a 24 meses están bajo el agua por un margen bastante gordo. - El negocio de reposesion de autos, ha adquirido propiedades a largo plazo, para no dejar caer todo el inventario en el mercado a la vez y asi estabilizar un poco los precios. - Las altas tasas de interés hacen que sea imposible para la gente promedio comprar autos nuevos o viejos en este momento y durante el próximo año, según lo que dice la Reserva Federal. TESIS: Carvana no debería existir. Aprovecharon que se financiaban como una empresa de tecnología, cuando su modelo de negocio nunca evolucionó más que cualquier otra empresa de venta de automóviles convencional. Carvana es UNA DE LAS MUCHAS empresas que no deberían existir en este mercado. Hasta que veamos que estas empresas quiebran y cuáles son las consecuencias para las empresas de inversión que invirtieron dinero en ellas, no podemos llamarlo fondo.
NYSE:CVNA
by salomondrin
Carvana Bounced Heavily Off Fibonacci LevelAs I predicted, Carvana's price bounced off of the Fibonacci retracement level. One important thing to note is that Carvana has never bounced more sharply off of a Fibonacci level as it just did. This gives a strong indication that this Fibonacci level may have marked a significant bottom. While price may try to retest the level or oscillate downward to consolidate, the underlying currents in the broader market are bullish. While I don't give financial advice, if I were shorting CVNA, I would definitely be taking profit and closing my position. This is a very bullish signal. See my post here from three weeks ago: Not financial advice. As always, anything can happen.
NYSE:CVNA
by SpyMasterTrades
Buying Opportunity: Carvana (CVNA)This analysis is fairly straightforward. Carvana (CVNA) is nearly fully retraced. Momentum downward is slowing, multiple indicators are showing a bottoming pattern, and open interest in calls is increasing. Although the price can still fall another 10-20% to the low, it's likely that a bottom is near. This is an obvious choice for long-term investors who want to enter at the bottom to go long. Be aware that this is a monthly chart and reversals can take time. Conservative investors may wish to wait until a bullish monthly or weekly candle forms before entering to go long. Not financial advice.
NYSE:CVNALong
by SpyMasterTrades
17
VRM up 60% in the pre-market! Exceeded Q1 Guidance!If you haven`t bought the dip when you saw the calls in the options chain: Then you should know that VRM Exceeded Q1 Guidance Across All Key Financial Metrics! 19,473 ecommerce units sold, +26% vs 2021 Ecommerce revenue of $675.4 million,+60% vs 2021 Ecommerce gross profit of $34.3 million, +8% vs 2021 quarterly loss of $0.71 per share vs a loss of $1.03 estimated. an earnings surprise of 31.07%! Total revenues of $923.78 million! Market Cap of only 186.39Mil They have a new CEO! Have you seen his incentives? 1.2mil shares for performance in the next 3 years: 400k if the stock is trading at $7.5 for 20 days, 400k if it trades at $15 and another 400k for $21. With these targets in mind, is this an 1usd stock? their rival, CVNA, 105,185 units sold, up by 14% from Q1 of 2021, Market Cap 6.88Bil vs VRM 19,473 ecommerce units sold, up 26% versus prior year, Market Cap 149.11Mil. if we do a simple math, the Mk cap of VRM should be 1.27Bil. if it doubles from here shouldn`t be that big of the deal. In fact, to be comparable with Carvana, they should trade 8.51X higher, at $9.19. My price target is $3 by the end of this month! Looking forward to read your opinion about it!
NASDAQ:VRMLong
by TopgOptions
13