2003 chevy malibu hood latch cable
Detroit killed the sedan. We may all live to regret it
2024.05.15 03:41 ddgr815 Detroit killed the sedan. We may all live to regret it
Last week, General Motors announced that it would end production of the Chevrolet Malibu, which the company first introduced in 1964. Although not exactly a head turner (the Malibu was “so uncool, it was cool,”
declared the New York Times), the sedan has become an American fixture, even an icon, appearing in classic films like Say Anything and Pulp Fiction. Over the past 60 years, GM produced some 10 million of them.
With a price starting at a (relatively) affordable $25,100, Malibu sales
exceeded 130,000 vehicles last year, a 13% annual increase and enough to rank as the #3 Chevy model, behind only the Silverado and the Equinox. Still, that wasn’t enough to keep the car off GM’s chopping block. The company says that the last Malibu will roll out of its Kansas City, KS, factory
this November; the plant will then be retooled to produce the new Chevy Bolt, an electric crossover SUV.
With the Malibu’s demise, GM will no
longer sell any sedans in the U.S. In that regard, it will have plenty of company. Ford
stopped producing sedans for the U.S. market in 2018. And it was Sergio Marchionne, the former head of Stellantis, who triggered the headlong retreat in 2016 when he declared that
Dodge and Chrysler would stop making sedans. (Tesla, meanwhile, offers two sedans: the Model 3 and Model S.)
As recently as 2009, U.S. passenger cars (including sedans and a plunging number of station wagons) outsold light trucks (SUVs, pickups, and minivans), but today they’re
less then 20% of new car purchases. The death of the Malibu is confirmation, if anyone still needs it, that the Big Three are done building sedans. That decision is bad news for road users, the environment, and budget-conscious consumers—and it may ultimately come around to bite Detroit.
When asked, automakers are quick to blame the sedan’s decline on shifting consumer preferences. Americans simply want bigger cars, the story goes, and there’s some truth to it. Compared to sedans, many SUV and pickup models provide extra cargo space and give the driver more visibility on the highway. In a crash, those inside a heavier car have a better chance of escaping without injury—although the same can’t be said for pedestrians or those in other vehicles. (That discrepancy inspired a headline in The Onion: “
Conscientious SUV Shopper Just Wants Something That Will Kill Family In Other Car In Case Of Accident.”)
This narrative of the market’s dispassionate invisible hand tossing the sedan aside holds intuitive appeal, but it leaves gaping holes. For one thing, federal policy has, in many ways, ]distorted the car market to favor larger vehicles](
https://www.vox.com/future-perfect/24139147/suvs-trucks-popularity-federal-policy-pollution).
Fuel economy regulations, for instance, are more lenient for SUVs and pickups than they are for smaller cars, nudging automakers to produce more of the former and fewer of the latter. Another egregious example: Small business owners such as real estate agents can
save thousands of dollars by writing off the cost of their vehicle—but only if it weighs more than 6,000 pounds, a stipulation that effectively excludes sedans entirely.
Carmakers, for their part, powerfully influence consumer demand through billions of dollars spent on advertising. Because SUVs and pickups are
more expensive and profitable than sedans, manufacturers have a clear incentive to tilt buying decisions away from small cars and toward larger ones (which helps explain ad campaigns designed to confer an undeserved green halo on SUVs).
Even those who don’t want a big car
may feel pressure to upsize, if only to avoid being at a disadvantage in a crash or when trying to see what lies ahead on the road. Such people find themselves trapped in a
prisoner’s dilemma, preferring that everyone had smaller cars, but resigning themselves to buying an SUV or pickup since others already have them.
For all these reasons, modest-size sedans like the Malibu are disappearing from American streets, supplanted by SUVs and pickups that seem to grow bulkier with every model refresh. (The Chevy Bolts produced at GM’s Kansas plant
will be bigger than the previous Bolt model, which was retired last year.) This pattern of ongoing vehicle expansion, a trend I call
car bloat, is especially advanced in North America, but it’s visible worldwide. In 2022, SUVs alone comprised
46% of global car sales,
up from 20% a decade earlier.
From a societal perspective, the decline of the sedan is a disaster. Consider road safety, an area where the U.S.
underperforms compared to the rest of the rich world, especially for pedestrians and cyclists (deaths for both recently
hit 40-year highs). Larger cars have
bigger blind spots, convey more force in a collision, and
tend to strike a person’s torso rather than their legs. They’re also heavier, with propulsion systems that guzzle more gasoline (or electrons) to move, producing more pollution in the process. Their weight also catalyzes the erosion of tires and roads, spewing microscopic particles that can damage
human health as well as
aquatic ecosystems.
Despite the myriad problems of car bloat, the federal government has taken no steps to restrain it. In the absence of regulations or taxes, carmakers have ample reason to abandon their sedan models in favor of SUVs and trucks. The higher margins of larger cars is especially precious now, as the Big Three scrabble for money to invest in electrification and autonomous technology, as well as to pay for the rising costs of wages and benefits that they
agreed to last fall during negotiations with the United Auto Workers.
Realistically, it would be a Herculean task to pivot back toward selling small cars, even if American automakers wanted to. Although adept at selling high-priced, feature-laden SUVs and trucks, they’re far less experienced at the low-margin, high volume business of producing cheaper small cars. That is one reason (though hardly the only one) that
China’s booming market for EVs, including many modest-size and affordable models, is
sowing fear throughout Detroit—and in Washington, too.
Where does the shift from sedans toward SUVs and trucks leave everyday Americans? With a strained wallet, for one thing. With its MSRP starting at $25,100 the Malibu has been one of the most affordable U.S.-produced cars, costing barely half as much as the average new vehicle, which
exceeded $47,000 in February (the Malibu is also at least a few thousand dollars cheaper than the Bolt that will replace it at the Kansas factory).
Especially when factoring in higher interest rates and
spiking insurance premiums, cars are becoming a financial strain for many Americans. According to the federal Bureau of Transportation Statistics, the average annual, inflation-adjusted cost of owning a vehicle and driving it 15,000 miles hit $12,182 in 2023, an
increase of over 30% in just six years.
Over time, the elimination of sedans leaves the Big Three vulnerable if consumer preferences shift away from enormity. “Legacy car companies haven’t done a great job of thinking long term,” said Alex Roy, a cohost of the Autonocast podcast. “Gutting lineups is probably good for manufacturing efficiency, but not having one vehicle in a given product segment is short-sighted.”
Due to sprawled development patterns and woefully underfunded transit, many American families will still want a car even as they become more expensive. But, as I argued previously in Fast Company, a surge in vehicle prices could compel some households to swap a second or third car for a minicar or e-cargo bike that offers limited range, but costs only a fraction as much. Already, golf carts are popping up in places far removed from the retirement and beach communities where they have been a mainstay:
In New Orleans, they’ve become so popular that the city is adopting new ordinances.
With the Malibu’s death, is clearer than ever that Detroit has abandoned the affordable sedan. They may yet live to regret it.
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2024.05.14 23:38 Ok_Ad7087 2015 Cherokee - Hood won't open (safety latch stuck)
The hood pops up fine when pulling handle inside vehicle, but handle behind grill is not opening safety catch on hood. I suspect the safety latch cable is frozen and not pulling hard enough to release hood.
Looking for advise on DIY fix as opposed to taking into the dealer. I removed access panels below engine, but was unable to get anything up in the area to open the latch. Looks like the replacement part is pretty cheap, so hoping to get the hood open to replace on my own.
Thanks in advance
Eric
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2024.05.14 20:01 CallsignDrongo 2003 chevy malibu oil leak?
So I recently got a 2003 chevy malibu as it seemed like a good deal and so far has been. $1,300 and 137000 miles, starts right up, seems fine, ac and heat even work. Im completely car illiterate though, Ive noticed after about 5-10 mins of driving or so if I turn on the air it smells like burnt oil pretty bad.
Im guessing theres some oil leak somewhere thats dripping or resting on something hot and burning it? I checked my oil level and its full so its not leaking any substatial amount as the smell has been there for weeks.
Does it sound like its a leak? Could it be a previous leak that never got cleaned up and still burns every time the engine heats up?
Curious if anyone knows the likely culprit on this model of car, and if its something easy to fix, affordable to get fixed, or something to just live with for a car at this price.
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2024.05.14 00:00 DevelopmentSad2303 What is wrong with this cable?
2024.05.13 20:17 brandonoh2340 What Would Ghost do if he was not a Drug Dealer?
May 13th, 1996 Queens New York (Walking Home From High School)
Characters: Tommy, Ghost, Big T
(Tommy) One more week of this school shit and we can start making the real money with K and Breeze money this summer.
(Ghost) I don’t know why you’re complaining about school Tommy, its not like you ever do anything in class anyways.
(Tommy) I handle my work when I need to Ghost.
(Ghost) Yes because staring at Ms.Washington’s ass all day is work.
(Tommy) Hey It’s not as easy as it looks, that shit gets fatter every year. You know how hard it is to not get caught.
(Ghost) Tommy she catches you all the time, it’s just she’s old and likes the attention.
(BigT) laughs Y’all little niggas stupid. Damn I wish I could kick it with y’all and work for K and Breeze this summer. My moms wants to send me to some dumb ass weight lost camp. Talking about she an’t got money to buy new clothes every year. Like I don’t already pay for my own shit. She think she’s slick, but she really just want me out the way so that bitch ass Latino can come over and fuck her. I should sit on his scrawny ass.
(Ghost) Damn T can’t you take it easy on him and just shoot him instead.
(BigT) laughs Fuck you light bright nigga! …. Yo Ghost what would you do if you ever left this shit?
(Ghost) The game?
(BigT) Yea.
Ghost thought for a moment before answering his childhood friend.
(Ghost) I don’t know man. Probably open up a club like my pops had. I already know how to run one. You?
(BigT) Real shit. When I get enough money and get out the game I’m going to open up a restaurant and call it “Truth”. It’s gone be a place where everyone from any hood can kick it, no beef just good food and niggas chilling with fine bitches.
(Tommy) You two sound like a bunch of old fuckers talking about getting out the game, when we’ve barely even stepped in. This shit is the only thing I’m good at, if I can I’ll do this shit forever.
Suddenly a 1986 Chevy Malibu pulled up with windows tinted and the driver rolled down the window slowly to revel a young man dressed in all black with a mask on.
(Driver) Y’all niggas fuck with Breeze right?
Tommy was about to speak but Ghost tapped his shoulder stopping him. Ghost tried his best to look confused.
(Ghost) Breeze who? Never heard that name.
(Diver) chuckle Wrong answer nigga.
Suddenly the driver drew out his Glock.
(Ghost) Fuck! Run!
Ghost, Tommy, and BigT ran in different directions as the driver sprayed bullets everywhere before he emptied the clip and sped off.
Ghost patted his body all over.
(Ghost) Tommy? Tommy?! You good?
(Tommy) I’m good Ghost. Big T you alright?
…
(Tommy) Big T!!
Ghost and Tommy looked over and saw their childhood friend bullets stained in his chest as he spat out blood.
(Ghost) Fuck! Fuck! Fuck! T stay with us! Tommy lift his fucking head up!
(BigT) coughcough Damn this really it dog.
(Ghost) No brother you will be fine I promise!
(BigT) cough You can’t promise that shit James, but you can spary that pussy ass nigga for me. Yep cough spray that nigga and open that club. Do something with your life.
He bled out.
(Ghost) T! T!
(Tommy) He’s gone Ghost…
Ghost stood up grabbed his cell phone and called Breeze.
(Ghost) Breeze T just hit in a drive by.
(Breeze) The fuck! By who? He dead?
(Ghost)…
(Breeze) Damn sorry Ghost he was a real nigga, meet me and K at the spot. Before the sun go down we gone make this shit right.
(Ghost) Bet.
Ghost hung up the phone and turned to his dead friend.
(Ghost) That nigga dies tonight and Tariq we got your moms I promise.
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2024.05.13 09:00 SkylineFTW97 2003 V6 project car
| I purchased this lovely 2003 EX V6 last year at a police auction for the paltry sum of just $650. I was originally gonna fix it up to give to my brother, but I got a 2007 Civic dropped in my lap for a price I couldn't refuse, and that ended up being a better fit for him. So I had this old girl just sitting around. Now I have done some work to it sporadically in the meantime. The J30a4 starts and runs with no problems. Hell, even the tranny is good. And the body, while battered and bruised, isn't rusty. I even scrounged up a marginally better post facelift front bumper (the fronts are interchangeable, the rears aren't. Ask me how I know) and a much nicer steering wheel, although I kinda destroyed the old clock spring putting it in (the old wheel was stuck on tight). She runs, drives, and stops, she only needs a power steering pump to be usable daily again. But that's boring. I thought about selling it, but between the rebuilt title (all police auction cars in my state get a salvage title), the cosmetic damage, and just how rough around the edges it is, getting it retail ready would be cost prohibitive, at least if I want it done in any reasonable time frame. So if it's a long term project that I'm not gonna make money on anyway, I'm gonna have fun with it. I already know what I have in mind. The elusive 6-6 sedan, only made for 2 model years. I used to have a 2006, but due to circumstances beyond my control, I had to sell it. I got mine for $3900 with 224k on the odometer and I made money on that car even after putting another 11k on it. So you can imagine I'm not finding one for cheap (you can find coupes cheaper, a good friend of mine got an 05 6-6 coupe at an auction in Philly for just $950 and it was workable enough to become a daily after some repairs. I could try for that, but I don't care for coupes). So the next best option is to make my own 6-6 sedan. And since this one isn't a proper one, it has no collector value and I can thrash it to my heart's content. Of course a 6 speed swap isn't terribly difficult, it's been done before. I'm working to accumulate the parts as I write this. I got a brand new OEM shifter cable and I'll also pick up a shifter itself. I just picked up the engine wiring harness off a manual one on eBay yesterday. But I want to make OEM+ upgrades wherever feasible. The TL aluminum front subframe and Type S 6 speed with the LSD. The rear sway bar and front brakes could also be useful. J37 intake manifold and throttle body. Hybrid hood and rear knuckles, also aluminum. Of course some aftermarket upgrades will also be a given. The RV6 J pipe offers too much bolt-on performance to pass up and the Acuity shifter bushings feel way better than stock. I want to experience the car's final form as it were, with all the best parts under the Honda and Acura umbrella. And while I do want to add some power, my main focus is handling via weight reduction. Of course lighter wheels will be part of the plan as well (I'm not keeping the random aftermarkets it has now, I'm not a fan of their design). I'm leaning towards either Konig Hypergrams or Enkei PDCs. I wasn't sure if there's anything I forgot to consider as part of the upgrade (I'm not adding forced induction or nitrous. No big power jumps, these cars are plenty fast enough with bolt ons and I care more about handling than raw speed). I love V6 sleeper sedans and I've had the urge to take on a major project for a while. So I compromised by sticking to something well documented with relatively little effort to do. submitted by SkylineFTW97 to accord [link] [comments] |
2024.05.09 22:48 Additional-Speaker66 Thin white smoke underhood
I have a 2012 chevy malibu, recently I've been seeing white smoke under the hood of the car, it only appears when I've been running the AC.
Any thoughts on what this could be?
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2024.05.09 14:03 TearRepresentative56 I'm a professional trader and this is my entire premarket report, including earnings summaries, positioning analysis and more. 09/05
Analysis: - Will keep it brief here.
- We continue to see choppiness under SPX 5200 and in and around QQQ 440.
- This is because prior to OPEX for May, it looks like there’s not much OTM Call delta to push us meaningfully higher. As such, market makers are keeping us hedged and pinned around these key levels. That includes 39k on Dow.
- Overall sentiment is bullish. Look at these positioning charts for SPX and NDX and you can see how much call delta there is.
- https://imgur.com/a/ZgiBjyf
- VIX is being suppressed and traders are short on volatility which is supporting the market higher.
- HY Default Swaps are tight and signal that traders are not particularly worried.
- There are, as of right now, not too many headwinds right now that traders are seeing.
- As such, until opex expect choppiness near these levels. With traders selling vol, if there is any intraday dips it likely won’t last long.
- Goldman Sachs Volatility panic index also tanking, reversing almost all the gains from the recent bump with geopolitical unrest.
DATA LEDE
- BOJ summary of Opinions
- Suggest adjusting degree of easing if price trend rises
- Expects easy financial conditions to continue - dovish
- Rate path may still be higher than market expectations - hawkish
- One member suggested reducing bond purchases.
- Warned of potential inflationary impact from weaker yen
- Japan Leading Index comes in at 111.4, in line with estimates of 111.2
- China exports come +1.5% YOY, vs expectations for 1%. So better than expected demand environment in the world
- Imports were up 8.4% YOY vs 5.4% expected. So better than expected domestic demand environment
- GOOD DATA FOR CHINA
UK BOE RATES DECISION - DOVISH HERE FROM BOE
- Keeps rates stable
- 2 officials, Dhingra and Ramadan voted for a cut by 25bps
- NOW 2 officials voting for Cut. Previously it was just 1
- Looks like they will be ready to cut this summer too.
- Bailey says he is optimistic that things are moving in the right direction
- Sees stronger growth than previously
- Fortcasts unemployment rate lower than previously
- Reiterates that MPC will ensure bank rate is restrictive for sufficiently long to return inflation o 2% target
- Policy stance could remain restrictive even if bank rate were cut -
- BOE - increased divergence of demand between US and europe could lead to monetary policy divergence - hint of cut soon
- Bailey says that rate cuts will depend on how data evolves
- BOE BAILEY SYAS IT IS POSSIBLE WE WILL NEED TO CUT RATES MORE THAN CURRENTLY RPICED INTO AMRKETS. V DOVISH
US Jobless Claims
US 30Y Treasury auction
Fed Daly Speech
MARKETS:
- SPX trading flat at 5180.
- Nasdaq trading absolutely flat above 18k. At 18,050. 50 day MA is support now, and is at 17,950
- GEr40: Trading at 18,578 - trading slightly higher today again. Still above the 18,500 level. No fear
- Uk100 - pointing towards 8400 now. New highs. Up 0.6% today after of BOE decision. After BOE it jumped from 8360 to 8390
- HKG50 - strong Chinese export and import data so Hong Kong MARKET is higher by 1.8%, trading at 18600.
- China50 is at 12,734, trading up by 0.5%.
- OIL slightly higher - up to 79.37 Yesterday touched lows of below 77. Last candlestick was a bullish engulfing, quite a strong candlestick. Positioning data points to short term bounce.
- GOLD - Continues to trade flat, consolidating above 2312.
FX:
- USD higher this morning
- GBP lower on dovishness from BOE
- Yen continues to weaken after failed intervention
EARNINGS:
ARM
- Full year Revenue guidance missed, but not terrible.
- EPS was 0.36 vs estimates of 0.3 (beat by 20%)
- Revenue of 928M was up 47% YOY, beat by 4.8%
- Guidance for Q1 (next quarter):
- EPS of 0.32-0.36, beat estimates by 10% at midpoint
- Revenue of 875-925, beat estimates by 2% at midpoint
- Guidance for Full year:
- Revenue of 3.8-4.1B, missed the mark by 2%
- EPS of 1.45-1.65, beat by 2%
- Said their designs power nearly every smartphone and they are now expanding into data centres and other markets. V bullish
- Chips with ARM technology generate 200B annually for chipmakers
- Facing competition from Qualcomm
- Increasingly Integral for AI revolution, although they haven’t yet benefited as much as peers like NVDA. Continue to innovate in this space
- Earnigns were actually pretty good, sell off bit harsh.
ABNB
- Down because of Q2 revenue forecast which missed expectations, but did say they expect to see acceleration in Summer due to olympics and summer travel. Still maintained they are seeing strong summer demand.
- CURRENT QUARTER
- Rev $2.14B vs $2.07B est
- EBITDA $424M vs $327M est
- EPS $0.41 vs. $0.30 est
- Gross Booking value came $22.9B vs $22.41B expected
- 9.5% increase YOY in nights and experienced booked, reaching 133M
- Growth was driven by 21% increase in bookings in Asia Pacific and 19% surge in latin America
- North amerce sees slight deceleration
- Average Daily Rates was $173, up 3% YOY.
- GUIDANCE
- Sees 2Q Rev $2.68-2.74B vs $2.74B est
- So Q2 revenue forecast fell short of expectations.
- Headwinds included the timing of easter, a leap day in Q1 and foreign exchange impacts
- Still expects revenue acceleration in Q3, buoyed by strong summer backlog and upcoming events like the olympics
- Cited still strong travel demand globally
TTD
- EPS of 0.26 vs estimate of 0.22 ( beat by 18%)
- Revenue of 491.3M was up 28% YOY, beat by 2.2%
- More performance metrics:
- EBITDA margin was 33%
- Net income was $32M
- GAAP EPS of $0.06
- Q2:
- Revenue is expected to eb at least 575M, beating estimates by 1% at the lower end
- EBITDA expected to be 223M
- Said they saw storng customer retention, over 95% across last 10 years
- CTV inventory - largest marketplace with updates including extended partnerships with Disney, NBCUNiversal and Roku
- OpenPath and OpenPass innovations - enhances direct connections and authentication on open interest
- Repurchased 125M in Q1 and 575M remaining to be repurchased
- Said that advancement in Unified ID 2.0, and Kokai platform means they are sell positioned for market share growth
SEDG:
- EPS of -1.9 vs estimate of -1.57.
- So a considerably wider loss than consensus
- Revenue of 204.4M vs 194.82M - beat by 5%
- Revenue was down 80% YOY
- Said they expect next quarter revenue to be 250-280m. Consensus was for 304M, so miss by 13%
- Other metrics:
- Gaap Gross margin as -12.8%
- Said their results aligned with their low expectations
- They were expecting inventory clearing adn typical seasonality
- Entering spring, which is when installations typically rise As such, they expect inventory to continue to decline and revenues to improve
- THEIR MAIN PRO RIGHT NOW THEN IS SEAONLITY
- Also focused on a suite of new products that they plan to release in next several quarters
PLNT - down after cutting their full year guidance.
- Lowered full year outlook due to people worried about covid infection and an advertising campaign that flopped.
- EPS of 0.53 vs estimate of 0.49 (beat by 8%)
- Revenue of 248M vs estimate of 249.85M (Miss by 0.8%)
- Ended quarter with 19.6M members
- Same store sales growth of 6.2%
- Mainly, this was driven by new member growth
- Several headwinds in the last quarter:
- Shift in consumer focus in new year to savings and concern in increase in COVID infections
- National advertising campaign they launched didn’t resonate particularly well
- As a result, forced to lower full year outlook.
- Now expects revenue growth of 4-6% from 6-7% before
- Expects EBITDA to increase 7-9% vs 10-11% previously
- Expects Net income to increase 6-8% vs 9-10% previously
- CEO Colleen Keating will be joining in JUNe
YETI
- EPS of 0.34 beat by 41%
- Revenue of 341.4M beat by 2.4%
- Raised annual guidance:
- FY EPS to 2.49-2.62, vs estimate of 2.49
- Revenue to 1.79-1.83B, vs estimate 1.81B
- STORNG BEAT AND RAISE QUARTER
- Direct to consumer sales were up 12% YOY
- Wholesale sales were up 13% YOY
- International sales were up 32% YOY
- US sales were up 9% YOY
- Coolers sales were up 15% YOY
- Sales in drink ware were up 13% YOY
- Said clearly that confidence remains high for the remainder of the year, especially in cooler and equipment segment.
MAG 7:
- TSLA - job cuts are escalating in China, affecting departments such as service staff, engineers, production line workers and logistics team.
- TSLA was down yesterday on US prosecutors investigating whether Tesla misled investors and consumers about its EV self driving capabilities.
- AAPL - Design team faces another top talent departure as Duncan Kerr plans to leave the company soon.
OTHER COMPANIES:
- Chinese stocks higher in premarket on strong HKG50 performance.
- Yeti pops one awnings - review above
- SHOP up on price correction nd a number of positive analyst upgrades
- MARA and RIOT down on BTC being down
- COST - April Sales highlights. Sales were up 7.1% YOY. US comp sales were up 5.8% YOY
- Canda comp sales up 5% YOY Ecommerce comp sales up 15% YOY
- So strong sales data for Costco
- PARA, SONY - Sony and Apollo group are reportedly planning to sell off Paramount’s CBS network and cable channels including Nikelodeon and MTV as part of their $26B bid for the company
- SHOP - Cathie Wood bought over 428k shares of shopify yesterday, on its worst day since IPO
- SHOP - JMP has upgraded shopify to market outperform from perform with PT of 80.
- DIS - Starting this summer Disney and WBD will offer a bundle including Disney+, Hulu and Max. Both ad supported and ad free versions will be available.
- DIS - Barclays calls Disney sell off as overdone and sees it as a buying opportunity.
- WBD - also plans fresh cost cuts and a hike in max price.
- HOOD - up on earnings - said that they added 140k new gold members in April alone, which is half the new gold members we got in all of Q1 2024. Thats strong
- GM - will end production of its gasoline powered Chevrolet Malibu Car later this year in order to produce new electric vehicles.
- LYB - intiated a formal review of its European assets, focusing on olefins and polyolefin’s, intermediates and derivatives unit.
- TRIp - yesterday was lower after tempering hopes of a takeover, stating there’s no deal with 3rd party that is in the best interest of the company.
- INTC was down yesterday as they lowered their Q2 guidance for 2nd time in less than 2 weeks Forecasts Q2 revenue to fall below midpoint of 12.5-13.5. Still reitaretad full year
- NIO - will launch its lower priced brand, Onvo on May 15th. First onto model, L60 will be a family centric smart BEV, much cheaper than Model Y from Tesla.
- Huawei advances tech self sufficiency with more Chinese parts in new phone - pure 70 pro features increased chinese made components, including flash memory chip
- BA - Cargo plane lands without front nose gear in Istanbul, investigation launched
- BABA - rolls out largest version of its large language model to meet AI demand.
- ZS is down as they confirm an ongoing investigation into possible data breach
- HUBS - gains amid report that talks with GOOGL are progressing
- APP - pops on earnigns beat which is driven by an improving app ad market, they said.
- BERY - earnings, reported mixed Q1 results, but reaffirmed their FY 2024 outlook
- ALGM earnings
- INFY and Formula E strike new partnership
OTHER NEWS:
- AFFirm eanrings yesterday showed that delinquencies on buy now pay later has doubled.
- UK’s Chancellor Hunt says that the UK has likely escaped recession.
- Fed Collins comments yesterday:
- There are risk to cutting too soon
- Recent inflation setbacks not a surprise
- Monetary policy is restrictive
- Demand will likely ned to slow to get us to 2%, timing of this is uncertain
- Memecoin demand in the crypto space is stronger than ever, says CoinMarket Cap. More and more meme coins being launched
- US saying they will not supply bombs or arms that are going to be used in Rafah
- Israel will reportedly review their Rafah operation after US president comments, threatened that US would stop sending weapons to them if they conduct their Rafah campaign. Israel said they will have to make their army be more economical with their use of weapons and munition.
- US president was unhappy that the bombs supplied by US are being used to kill civilians.
- Musk’s xAI nears close of funding round at $18B valuation, this week
- US Atlanta Fed GDP Nowcast for Q2 shows growth expected to come at 4.18%, vs previous forecast of 3.31%
- Japan’s currency diplomat, kanda says he is prepared for currency intervention at any time.
- Suzuki says weak yen will have pros and cons. Suzuki aims to mitigate adverse effects of yen depreciation.
- US house votes against ousting Speaker Johnson. Republican Greene had pushed for vote to remove speaker Johnson
- Russia holds victory day military parade as war rumbles on.
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2024.05.09 14:02 TearRepresentative56 I'm a full time trader and this is everything I'm watching and analysing in premarket, including positioning analysis, and full earnings summaries.
FOR MORE OF MY DAILY ANALYSIS, PLEASE JOIN
TRADINGEDGE and
Swingtrading Analysis: - Will keep it brief here.
- We continue to see choppiness under SPX 5200 and in and around QQQ 440.
- This is because prior to OPEX for May, it looks like there’s not much OTM Call delta to push us meaningfully higher. As such, market makers are keeping us hedged and pinned around these key levels. That includes 39k on Dow.
- Overall sentiment is bullish. Look at these positioning charts for SPX and NDX and you can see how much call delta there is.
- https://imgur.com/a/ZgiBjyf
- VIX is being suppressed and traders are short on volatility which is supporting the market higher.
- HY Default Swaps are tight and signal that traders are not particularly worried.
- There are, as of right now, not too many headwinds right now that traders are seeing.
- As such, until opex expect choppiness near these levels. With traders selling vol, if there is any intraday dips it likely won’t last long.
- Goldman Sachs Volatility panic index also tanking, reversing almost all the gains from the recent bump with geopolitical unrest.
DATA LEDE
- BOJ summary of Opinions
- Suggest adjusting degree of easing if price trend rises
- Expects easy financial conditions to continue - dovish
- Rate path may still be higher than market expectations - hawkish
- One member suggested reducing bond purchases.
- Warned of potential inflationary impact from weaker yen
- Japan Leading Index comes in at 111.4, in line with estimates of 111.2
- China exports come +1.5% YOY, vs expectations for 1%. So better than expected demand environment in the world
- Imports were up 8.4% YOY vs 5.4% expected. So better than expected domestic demand environment
- GOOD DATA FOR CHINA
UK BOE RATES DECISION - DOVISH HERE FROM BOE
- Keeps rates stable
- 2 officials, Dhingra and Ramadan voted for a cut by 25bps
- NOW 2 officials voting for Cut. Previously it was just 1
- Looks like they will be ready to cut this summer too.
- Bailey says he is optimistic that things are moving in the right direction
- Sees stronger growth than previously
- Fortcasts unemployment rate lower than previously
- Reiterates that MPC will ensure bank rate is restrictive for sufficiently long to return inflation o 2% target
- Policy stance could remain restrictive even if bank rate were cut -
- BOE - increased divergence of demand between US and europe could lead to monetary policy divergence - hint of cut soon
- Bailey says that rate cuts will depend on how data evolves
- BOE BAILEY SYAS IT IS POSSIBLE WE WILL NEED TO CUT RATES MORE THAN CURRENTLY RPICED INTO AMRKETS. V DOVISH
US Jobless Claims
US 30Y Treasury auction
Fed Daly Speech
MARKETS:
- SPX trading flat at 5180.
- Nasdaq trading absolutely flat above 18k. At 18,050. 50 day MA is support now, and is at 17,950
- GEr40: Trading at 18,578 - trading slightly higher today again. Still above the 18,500 level. No fear
- Uk100 - pointing towards 8400 now. New highs. Up 0.6% today after of BOE decision. After BOE it jumped from 8360 to 8390
- HKG50 - strong Chinese export and import data so Hong Kong MARKET is higher by 1.8%, trading at 18600.
- China50 is at 12,734, trading up by 0.5%.
- OIL slightly higher - up to 79.37 Yesterday touched lows of below 77. Last candlestick was a bullish engulfing, quite a strong candlestick. Positioning data points to short term bounce.
- GOLD - Continues to trade flat, consolidating above 2312.
FX:
- USD higher this morning
- GBP lower on dovishness from BOE
- Yen continues to weaken after failed intervention
EARNINGS:
ARM
- Full year Revenue guidance missed, but not terrible.
- EPS was 0.36 vs estimates of 0.3 (beat by 20%)
- Revenue of 928M was up 47% YOY, beat by 4.8%
- Guidance for Q1 (next quarter):
- EPS of 0.32-0.36, beat estimates by 10% at midpoint
- Revenue of 875-925, beat estimates by 2% at midpoint
- Guidance for Full year:
- Revenue of 3.8-4.1B, missed the mark by 2%
- EPS of 1.45-1.65, beat by 2%
- Said their designs power nearly every smartphone and they are now expanding into data centres and other markets. V bullish
- Chips with ARM technology generate 200B annually for chipmakers
- Facing competition from Qualcomm
- Increasingly Integral for AI revolution, although they haven’t yet benefited as much as peers like NVDA. Continue to innovate in this space
- Earnigns were actually pretty good, sell off bit harsh.
ABNB
- Down because of Q2 revenue forecast which missed expectations, but did say they expect to see acceleration in Summer due to olympics and summer travel. Still maintained they are seeing strong summer demand.
- CURRENT QUARTER
- Rev $2.14B vs $2.07B est
- EBITDA $424M vs $327M est
- EPS $0.41 vs. $0.30 est
- Gross Booking value came $22.9B vs $22.41B expected
- 9.5% increase YOY in nights and experienced booked, reaching 133M
- Growth was driven by 21% increase in bookings in Asia Pacific and 19% surge in latin America
- North amerce sees slight deceleration
- Average Daily Rates was $173, up 3% YOY.
- GUIDANCE
- Sees 2Q Rev $2.68-2.74B vs $2.74B est
- So Q2 revenue forecast fell short of expectations.
- Headwinds included the timing of easter, a leap day in Q1 and foreign exchange impacts
- Still expects revenue acceleration in Q3, buoyed by strong summer backlog and upcoming events like the olympics
- Cited still strong travel demand globally
TTD
- EPS of 0.26 vs estimate of 0.22 ( beat by 18%)
- Revenue of 491.3M was up 28% YOY, beat by 2.2%
- More performance metrics:
- EBITDA margin was 33%
- Net income was $32M
- GAAP EPS of $0.06
- Q2:
- Revenue is expected to eb at least 575M, beating estimates by 1% at the lower end
- EBITDA expected to be 223M
- Said they saw storng customer retention, over 95% across last 10 years
- CTV inventory - largest marketplace with updates including extended partnerships with Disney, NBCUNiversal and Roku
- OpenPath and OpenPass innovations - enhances direct connections and authentication on open interest
- Repurchased 125M in Q1 and 575M remaining to be repurchased
- Said that advancement in Unified ID 2.0, and Kokai platform means they are sell positioned for market share growth
SEDG:
- EPS of -1.9 vs estimate of -1.57.
- So a considerably wider loss than consensus
- Revenue of 204.4M vs 194.82M - beat by 5%
- Revenue was down 80% YOY
- Said they expect next quarter revenue to be 250-280m. Consensus was for 304M, so miss by 13%
- Other metrics:
- Gaap Gross margin as -12.8%
- Said their results aligned with their low expectations
- They were expecting inventory clearing adn typical seasonality
- Entering spring, which is when installations typically rise As such, they expect inventory to continue to decline and revenues to improve
- THEIR MAIN PRO RIGHT NOW THEN IS SEAONLITY
- Also focused on a suite of new products that they plan to release in next several quarters
PLNT - down after cutting their full year guidance.
- Lowered full year outlook due to people worried about covid infection and an advertising campaign that flopped.
- EPS of 0.53 vs estimate of 0.49 (beat by 8%)
- Revenue of 248M vs estimate of 249.85M (Miss by 0.8%)
- Ended quarter with 19.6M members
- Same store sales growth of 6.2%
- Mainly, this was driven by new member growth
- Several headwinds in the last quarter:
- Shift in consumer focus in new year to savings and concern in increase in COVID infections
- National advertising campaign they launched didn’t resonate particularly well
- As a result, forced to lower full year outlook.
- Now expects revenue growth of 4-6% from 6-7% before
- Expects EBITDA to increase 7-9% vs 10-11% previously
- Expects Net income to increase 6-8% vs 9-10% previously
- CEO Colleen Keating will be joining in JUNe
YETI
- EPS of 0.34 beat by 41%
- Revenue of 341.4M beat by 2.4%
- Raised annual guidance:
- FY EPS to 2.49-2.62, vs estimate of 2.49
- Revenue to 1.79-1.83B, vs estimate 1.81B
- STORNG BEAT AND RAISE QUARTER
- Direct to consumer sales were up 12% YOY
- Wholesale sales were up 13% YOY
- International sales were up 32% YOY
- US sales were up 9% YOY
- Coolers sales were up 15% YOY
- Sales in drink ware were up 13% YOY
- Said clearly that confidence remains high for the remainder of the year, especially in cooler and equipment segment.
MAG 7:
- TSLA - job cuts are escalating in China, affecting departments such as service staff, engineers, production line workers and logistics team.
- TSLA was down yesterday on US prosecutors investigating whether Tesla misled investors and consumers about its EV self driving capabilities.
- AAPL - Design team faces another top talent departure as Duncan Kerr plans to leave the company soon.
OTHER COMPANIES:
- Chinese stocks higher in premarket on strong HKG50 performance.
- Yeti pops one awnings - review above
- SHOP up on price correction nd a number of positive analyst upgrades
- MARA and RIOT down on BTC being down
- COST - April Sales highlights. Sales were up 7.1% YOY. US comp sales were up 5.8% YOY
- Canda comp sales up 5% YOY Ecommerce comp sales up 15% YOY
- So strong sales data for Costco
- PARA, SONY - Sony and Apollo group are reportedly planning to sell off Paramount’s CBS network and cable channels including Nikelodeon and MTV as part of their $26B bid for the company
- SHOP - Cathie Wood bought over 428k shares of shopify yesterday, on its worst day since IPO
- SHOP - JMP has upgraded shopify to market outperform from perform with PT of 80.
- DIS - Starting this summer Disney and WBD will offer a bundle including Disney+, Hulu and Max. Both ad supported and ad free versions will be available.
- DIS - Barclays calls Disney sell off as overdone and sees it as a buying opportunity.
- WBD - also plans fresh cost cuts and a hike in max price.
- HOOD - up on earnings - said that they added 140k new gold members in April alone, which is half the new gold members we got in all of Q1 2024. Thats strong
- GM - will end production of its gasoline powered Chevrolet Malibu Car later this year in order to produce new electric vehicles.
- LYB - intiated a formal review of its European assets, focusing on olefins and polyolefin’s, intermediates and derivatives unit.
- TRIp - yesterday was lower after tempering hopes of a takeover, stating there’s no deal with 3rd party that is in the best interest of the company.
- INTC was down yesterday as they lowered their Q2 guidance for 2nd time in less than 2 weeks Forecasts Q2 revenue to fall below midpoint of 12.5-13.5. Still reitaretad full year
- NIO - will launch its lower priced brand, Onvo on May 15th. First onto model, L60 will be a family centric smart BEV, much cheaper than Model Y from Tesla.
- Huawei advances tech self sufficiency with more Chinese parts in new phone - pure 70 pro features increased chinese made components, including flash memory chip
- BA - Cargo plane lands without front nose gear in Istanbul, investigation launched
- BABA - rolls out largest version of its large language model to meet AI demand.
- ZS is down as they confirm an ongoing investigation into possible data breach
- HUBS - gains amid report that talks with GOOGL are progressing
- APP - pops on earnigns beat which is driven by an improving app ad market, they said.
- BERY - earnings, reported mixed Q1 results, but reaffirmed their FY 2024 outlook
- ALGM earnings
- INFY and Formula E strike new partnership
OTHER NEWS:
- AFFirm eanrings yesterday showed that delinquencies on buy now pay later has doubled.
- UK’s Chancellor Hunt says that the UK has likely escaped recession.
- Fed Collins comments yesterday:
- There are risk to cutting too soon
- Recent inflation setbacks not a surprise
- Monetary policy is restrictive
- Demand will likely ned to slow to get us to 2%, timing of this is uncertain
- Memecoin demand in the crypto space is stronger than ever, says CoinMarket Cap. More and more meme coins being launched
- US saying they will not supply bombs or arms that are going to be used in Rafah
- Israel will reportedly review their Rafah operation after US president comments, threatened that US would stop sending weapons to them if they conduct their Rafah campaign. Israel said they will have to make their army be more economical with their use of weapons and munition.
- US president was unhappy that the bombs supplied by US are being used to kill civilians.
- Musk’s xAI nears close of funding round at $18B valuation, this week
- US Atlanta Fed GDP Nowcast for Q2 shows growth expected to come at 4.18%, vs previous forecast of 3.31%
- Japan’s currency diplomat, kanda says he is prepared for currency intervention at any time.
- Suzuki says weak yen will have pros and cons. Suzuki aims to mitigate adverse effects of yen depreciation.
- US house votes against ousting Speaker Johnson. Republican Greene had pushed for vote to remove speaker Johnson
- Russia holds victory day military parade as war rumbles on.
FOR MORE OF MY DAILY ANALYSIS, PLEASE JOIN
TRADINGEDGE
submitted by
TearRepresentative56 to
swingtrading [link] [comments]
2024.05.09 13:59 TearRepresentative56 I'm a full time trader and this is everything I'm watching and analysing in premarket, including positioning analysis and full earnings summaries 09.05
FOR MORE OF MY DAILY ANALYSIS, PLEASE JOIN
TRADINGEDGE Analysis: - Will keep it brief here.
- We continue to see choppiness under SPX 5200 and in and around QQQ 440.
- This is because prior to OPEX for May, it looks like there’s not much OTM Call delta to push us meaningfully higher. As such, market makers are keeping us hedged and pinned around these key levels. That includes 39k on Dow.
- Overall sentiment is bullish. Look at these positioning charts for SPX and NDX and you can see how much call delta there is.
- https://imgur.com/a/ZgiBjyf
- VIX is being suppressed and traders are short on volatility which is supporting the market higher.
- HY Default Swaps are tight and signal that traders are not particularly worried.
- There are, as of right now, not too many headwinds right now that traders are seeing.
- As such, until opex expect choppiness near these levels. With traders selling vol, if there is any intraday dips it likely won’t last long.
- Goldman Sachs Volatility panic index also tanking, reversing almost all the gains from the recent bump with geopolitical unrest.
DATA LEDE
- BOJ summary of Opinions
- Suggest adjusting degree of easing if price trend rises
- Expects easy financial conditions to continue - dovish
- Rate path may still be higher than market expectations - hawkish
- One member suggested reducing bond purchases.
- Warned of potential inflationary impact from weaker yen
- Japan Leading Index comes in at 111.4, in line with estimates of 111.2
- China exports come +1.5% YOY, vs expectations for 1%. So better than expected demand environment in the world
- Imports were up 8.4% YOY vs 5.4% expected. So better than expected domestic demand environment
- GOOD DATA FOR CHINA
UK BOE RATES DECISION - DOVISH HERE FROM BOE
- Keeps rates stable
- 2 officials, Dhingra and Ramadan voted for a cut by 25bps
- NOW 2 officials voting for Cut. Previously it was just 1
- Looks like they will be ready to cut this summer too.
- Bailey says he is optimistic that things are moving in the right direction
- Sees stronger growth than previously
- Fortcasts unemployment rate lower than previously
- Reiterates that MPC will ensure bank rate is restrictive for sufficiently long to return inflation o 2% target
- Policy stance could remain restrictive even if bank rate were cut -
- BOE - increased divergence of demand between US and europe could lead to monetary policy divergence - hint of cut soon
- Bailey says that rate cuts will depend on how data evolves
- BOE BAILEY SYAS IT IS POSSIBLE WE WILL NEED TO CUT RATES MORE THAN CURRENTLY RPICED INTO AMRKETS. V DOVISH
US Jobless Claims
US 30Y Treasury auction
Fed Daly Speech
MARKETS:
- SPX trading flat at 5180.
- Nasdaq trading absolutely flat above 18k. At 18,050. 50 day MA is support now, and is at 17,950
- GEr40: Trading at 18,578 - trading slightly higher today again. Still above the 18,500 level. No fear
- Uk100 - pointing towards 8400 now. New highs. Up 0.6% today after of BOE decision. After BOE it jumped from 8360 to 8390
- HKG50 - strong Chinese export and import data so Hong Kong MARKET is higher by 1.8%, trading at 18600.
- China50 is at 12,734, trading up by 0.5%.
- OIL slightly higher - up to 79.37 Yesterday touched lows of below 77. Last candlestick was a bullish engulfing, quite a strong candlestick. Positioning data points to short term bounce.
- GOLD - Continues to trade flat, consolidating above 2312.
FX:
- USD higher this morning
- GBP lower on dovishness from BOE
- Yen continues to weaken after failed intervention
EARNINGS:
ARM
- Full year Revenue guidance missed, but not terrible.
- EPS was 0.36 vs estimates of 0.3 (beat by 20%)
- Revenue of 928M was up 47% YOY, beat by 4.8%
- Guidance for Q1 (next quarter):
- EPS of 0.32-0.36, beat estimates by 10% at midpoint
- Revenue of 875-925, beat estimates by 2% at midpoint
- Guidance for Full year:
- Revenue of 3.8-4.1B, missed the mark by 2%
- EPS of 1.45-1.65, beat by 2%
- Said their designs power nearly every smartphone and they are now expanding into data centres and other markets. V bullish
- Chips with ARM technology generate 200B annually for chipmakers
- Facing competition from Qualcomm
- Increasingly Integral for AI revolution, although they haven’t yet benefited as much as peers like NVDA. Continue to innovate in this space
- Earnigns were actually pretty good, sell off bit harsh.
ABNB
- Down because of Q2 revenue forecast which missed expectations, but did say they expect to see acceleration in Summer due to olympics and summer travel. Still maintained they are seeing strong summer demand.
- CURRENT QUARTER
- Rev $2.14B vs $2.07B est
- EBITDA $424M vs $327M est
- EPS $0.41 vs. $0.30 est
- Gross Booking value came $22.9B vs $22.41B expected
- 9.5% increase YOY in nights and experienced booked, reaching 133M
- Growth was driven by 21% increase in bookings in Asia Pacific and 19% surge in latin America
- North amerce sees slight deceleration
- Average Daily Rates was $173, up 3% YOY.
- GUIDANCE
- Sees 2Q Rev $2.68-2.74B vs $2.74B est
- So Q2 revenue forecast fell short of expectations.
- Headwinds included the timing of easter, a leap day in Q1 and foreign exchange impacts
- Still expects revenue acceleration in Q3, buoyed by strong summer backlog and upcoming events like the olympics
- Cited still strong travel demand globally
TTD
- EPS of 0.26 vs estimate of 0.22 ( beat by 18%)
- Revenue of 491.3M was up 28% YOY, beat by 2.2%
- More performance metrics:
- EBITDA margin was 33%
- Net income was $32M
- GAAP EPS of $0.06
- Q2:
- Revenue is expected to eb at least 575M, beating estimates by 1% at the lower end
- EBITDA expected to be 223M
- Said they saw storng customer retention, over 95% across last 10 years
- CTV inventory - largest marketplace with updates including extended partnerships with Disney, NBCUNiversal and Roku
- OpenPath and OpenPass innovations - enhances direct connections and authentication on open interest
- Repurchased 125M in Q1 and 575M remaining to be repurchased
- Said that advancement in Unified ID 2.0, and Kokai platform means they are sell positioned for market share growth
SEDG:
- EPS of -1.9 vs estimate of -1.57.
- So a considerably wider loss than consensus
- Revenue of 204.4M vs 194.82M - beat by 5%
- Revenue was down 80% YOY
- Said they expect next quarter revenue to be 250-280m. Consensus was for 304M, so miss by 13%
- Other metrics:
- Gaap Gross margin as -12.8%
- Said their results aligned with their low expectations
- They were expecting inventory clearing adn typical seasonality
- Entering spring, which is when installations typically rise As such, they expect inventory to continue to decline and revenues to improve
- THEIR MAIN PRO RIGHT NOW THEN IS SEAONLITY
- Also focused on a suite of new products that they plan to release in next several quarters
PLNT - down after cutting their full year guidance.
- Lowered full year outlook due to people worried about covid infection and an advertising campaign that flopped.
- EPS of 0.53 vs estimate of 0.49 (beat by 8%)
- Revenue of 248M vs estimate of 249.85M (Miss by 0.8%)
- Ended quarter with 19.6M members
- Same store sales growth of 6.2%
- Mainly, this was driven by new member growth
- Several headwinds in the last quarter:
- Shift in consumer focus in new year to savings and concern in increase in COVID infections
- National advertising campaign they launched didn’t resonate particularly well
- As a result, forced to lower full year outlook.
- Now expects revenue growth of 4-6% from 6-7% before
- Expects EBITDA to increase 7-9% vs 10-11% previously
- Expects Net income to increase 6-8% vs 9-10% previously
- CEO Colleen Keating will be joining in JUNe
YETI
- EPS of 0.34 beat by 41%
- Revenue of 341.4M beat by 2.4%
- Raised annual guidance:
- FY EPS to 2.49-2.62, vs estimate of 2.49
- Revenue to 1.79-1.83B, vs estimate 1.81B
- STORNG BEAT AND RAISE QUARTER
- Direct to consumer sales were up 12% YOY
- Wholesale sales were up 13% YOY
- International sales were up 32% YOY
- US sales were up 9% YOY
- Coolers sales were up 15% YOY
- Sales in drink ware were up 13% YOY
- Said clearly that confidence remains high for the remainder of the year, especially in cooler and equipment segment.
MAG 7:
- TSLA - job cuts are escalating in China, affecting departments such as service staff, engineers, production line workers and logistics team.
- TSLA was down yesterday on US prosecutors investigating whether Tesla misled investors and consumers about its EV self driving capabilities.
- AAPL - Design team faces another top talent departure as Duncan Kerr plans to leave the company soon.
OTHER COMPANIES:
- Chinese stocks higher in premarket on strong HKG50 performance.
- Yeti pops one awnings - review above
- SHOP up on price correction nd a number of positive analyst upgrades
- MARA and RIOT down on BTC being down
- COST - April Sales highlights. Sales were up 7.1% YOY. US comp sales were up 5.8% YOY
- Canda comp sales up 5% YOY Ecommerce comp sales up 15% YOY
- So strong sales data for Costco
- PARA, SONY - Sony and Apollo group are reportedly planning to sell off Paramount’s CBS network and cable channels including Nikelodeon and MTV as part of their $26B bid for the company
- SHOP - Cathie Wood bought over 428k shares of shopify yesterday, on its worst day since IPO
- SHOP - JMP has upgraded shopify to market outperform from perform with PT of 80.
- DIS - Starting this summer Disney and WBD will offer a bundle including Disney+, Hulu and Max. Both ad supported and ad free versions will be available.
- DIS - Barclays calls Disney sell off as overdone and sees it as a buying opportunity.
- WBD - also plans fresh cost cuts and a hike in max price.
- HOOD - up on earnings - said that they added 140k new gold members in April alone, which is half the new gold members we got in all of Q1 2024. Thats strong
- GM - will end production of its gasoline powered Chevrolet Malibu Car later this year in order to produce new electric vehicles.
- LYB - intiated a formal review of its European assets, focusing on olefins and polyolefin’s, intermediates and derivatives unit.
- TRIp - yesterday was lower after tempering hopes of a takeover, stating there’s no deal with 3rd party that is in the best interest of the company.
- INTC was down yesterday as they lowered their Q2 guidance for 2nd time in less than 2 weeks Forecasts Q2 revenue to fall below midpoint of 12.5-13.5. Still reitaretad full year
- NIO - will launch its lower priced brand, Onvo on May 15th. First onto model, L60 will be a family centric smart BEV, much cheaper than Model Y from Tesla.
- Huawei advances tech self sufficiency with more Chinese parts in new phone - pure 70 pro features increased chinese made components, including flash memory chip
- BA - Cargo plane lands without front nose gear in Istanbul, investigation launched
- BABA - rolls out largest version of its large language model to meet AI demand.
- ZS is down as they confirm an ongoing investigation into possible data breach
- HUBS - gains amid report that talks with GOOGL are progressing
- APP - pops on earnigns beat which is driven by an improving app ad market, they said.
- BERY - earnings, reported mixed Q1 results, but reaffirmed their FY 2024 outlook
- ALGM earnings
- INFY and Formula E strike new partnership
OTHER NEWS:
- AFFirm eanrings yesterday showed that delinquencies on buy now pay later has doubled.
- UK’s Chancellor Hunt says that the UK has likely escaped recession.
- Fed Collins comments yesterday:
- There are risk to cutting too soon
- Recent inflation setbacks not a surprise
- Monetary policy is restrictive
- Demand will likely ned to slow to get us to 2%, timing of this is uncertain
- Memecoin demand in the crypto space is stronger than ever, says CoinMarket Cap. More and more meme coins being launched
- US saying they will not supply bombs or arms that are going to be used in Rafah
- Israel will reportedly review their Rafah operation after US president comments, threatened that US would stop sending weapons to them if they conduct their Rafah campaign. Israel said they will have to make their army be more economical with their use of weapons and munition.
- US president was unhappy that the bombs supplied by US are being used to kill civilians.
- Musk’s xAI nears close of funding round at $18B valuation, this week
- US Atlanta Fed GDP Nowcast for Q2 shows growth expected to come at 4.18%, vs previous forecast of 3.31%
- Japan’s currency diplomat, kanda says he is prepared for currency intervention at any time.
- Suzuki says weak yen will have pros and cons. Suzuki aims to mitigate adverse effects of yen depreciation.
- US house votes against ousting Speaker Johnson. Republican Greene had pushed for vote to remove speaker Johnson
- Russia holds victory day military parade as war rumbles on.
FOR MORE OF MY DAILY ANALYSIS, PLEASE JOIN
TRADINGEDGE
submitted by
TearRepresentative56 to
u/TearRepresentative56 [link] [comments]
2024.05.09 13:57 TearRepresentative56 Everything I'm watching and analysing in premarket including positioning analysis, BOE summary, Earnings summaries and more. 09/05
FOR MORE OF MY DAILY ANALYSIS, PLEASE JOIN
TRADINGEDGE Analysis: - Will keep it brief here.
- We continue to see choppiness under SPX 5200 and in and around QQQ 440.
- This is because prior to OPEX for May, it looks like there’s not much OTM Call delta to push us meaningfully higher. As such, market makers are keeping us hedged and pinned around these key levels. That includes 39k on Dow.
- Overall sentiment is bullish. Look at these positioning charts for SPX and NDX and you can see how much call delta there is.
- https://imgur.com/a/ZgiBjyf
- VIX is being suppressed and traders are short on volatility which is supporting the market higher.
- HY Default Swaps are tight and signal that traders are not particularly worried.
- There are, as of right now, not too many headwinds right now that traders are seeing.
- As such, until opex expect choppiness near these levels. With traders selling vol, if there is any intraday dips it likely won’t last long.
- Goldman Sachs Volatility panic index also tanking, reversing almost all the gains from the recent bump with geopolitical unrest.
DATA LEDE
- BOJ summary of Opinions
- Suggest adjusting degree of easing if price trend rises
- Expects easy financial conditions to continue - dovish
- Rate path may still be higher than market expectations - hawkish
- One member suggested reducing bond purchases.
- Warned of potential inflationary impact from weaker yen
- Japan Leading Index comes in at 111.4, in line with estimates of 111.2
- China exports come +1.5% YOY, vs expectations for 1%. So better than expected demand environment in the world
- Imports were up 8.4% YOY vs 5.4% expected. So better than expected domestic demand environment
- GOOD DATA FOR CHINA
UK BOE RATES DECISION - DOVISH HERE FROM BOE
- Keeps rates stable
- 2 officials, Dhingra and Ramadan voted for a cut by 25bps
- NOW 2 officials voting for Cut. Previously it was just 1
- Looks like they will be ready to cut this summer too.
- Bailey says he is optimistic that things are moving in the right direction
- Sees stronger growth than previously
- Fortcasts unemployment rate lower than previously
- Reiterates that MPC will ensure bank rate is restrictive for sufficiently long to return inflation o 2% target
- Policy stance could remain restrictive even if bank rate were cut -
- BOE - increased divergence of demand between US and europe could lead to monetary policy divergence - hint of cut soon
- Bailey says that rate cuts will depend on how data evolves
- BOE BAILEY SYAS IT IS POSSIBLE WE WILL NEED TO CUT RATES MORE THAN CURRENTLY RPICED INTO AMRKETS. V DOVISH
US Jobless Claims
US 30Y Treasury auction
Fed Daly Speech
MARKETS:
- SPX trading flat at 5180.
- Nasdaq trading absolutely flat above 18k. At 18,050. 50 day MA is support now, and is at 17,950
- GEr40: Trading at 18,578 - trading slightly higher today again. Still above the 18,500 level. No fear
- Uk100 - pointing towards 8400 now. New highs. Up 0.6% today after of BOE decision. After BOE it jumped from 8360 to 8390
- HKG50 - strong Chinese export and import data so Hong Kong MARKET is higher by 1.8%, trading at 18600.
- China50 is at 12,734, trading up by 0.5%.
- OIL slightly higher - up to 79.37 Yesterday touched lows of below 77. Last candlestick was a bullish engulfing, quite a strong candlestick. Positioning data points to short term bounce.
- GOLD - Continues to trade flat, consolidating above 2312.
FX:
- USD higher this morning
- GBP lower on dovishness from BOE
- Yen continues to weaken after failed intervention
EARNINGS:
ARM
- Full year Revenue guidance missed, but not terrible.
- EPS was 0.36 vs estimates of 0.3 (beat by 20%)
- Revenue of 928M was up 47% YOY, beat by 4.8%
- Guidance for Q1 (next quarter):
- EPS of 0.32-0.36, beat estimates by 10% at midpoint
- Revenue of 875-925, beat estimates by 2% at midpoint
- Guidance for Full year:
- Revenue of 3.8-4.1B, missed the mark by 2%
- EPS of 1.45-1.65, beat by 2%
- Said their designs power nearly every smartphone and they are now expanding into data centres and other markets. V bullish
- Chips with ARM technology generate 200B annually for chipmakers
- Facing competition from Qualcomm
- Increasingly Integral for AI revolution, although they haven’t yet benefited as much as peers like NVDA. Continue to innovate in this space
- Earnigns were actually pretty good, sell off bit harsh.
ABNB
- Down because of Q2 revenue forecast which missed expectations, but did say they expect to see acceleration in Summer due to olympics and summer travel. Still maintained they are seeing strong summer demand.
- CURRENT QUARTER
- Rev $2.14B vs $2.07B est
- EBITDA $424M vs $327M est
- EPS $0.41 vs. $0.30 est
- Gross Booking value came $22.9B vs $22.41B expected
- 9.5% increase YOY in nights and experienced booked, reaching 133M
- Growth was driven by 21% increase in bookings in Asia Pacific and 19% surge in latin America
- North amerce sees slight deceleration
- Average Daily Rates was $173, up 3% YOY.
- GUIDANCE
- Sees 2Q Rev $2.68-2.74B vs $2.74B est
- So Q2 revenue forecast fell short of expectations.
- Headwinds included the timing of easter, a leap day in Q1 and foreign exchange impacts
- Still expects revenue acceleration in Q3, buoyed by strong summer backlog and upcoming events like the olympics
- Cited still strong travel demand globally
TTD
- EPS of 0.26 vs estimate of 0.22 ( beat by 18%)
- Revenue of 491.3M was up 28% YOY, beat by 2.2%
- More performance metrics:
- EBITDA margin was 33%
- Net income was $32M
- GAAP EPS of $0.06
- Q2:
- Revenue is expected to eb at least 575M, beating estimates by 1% at the lower end
- EBITDA expected to be 223M
- Said they saw storng customer retention, over 95% across last 10 years
- CTV inventory - largest marketplace with updates including extended partnerships with Disney, NBCUNiversal and Roku
- OpenPath and OpenPass innovations - enhances direct connections and authentication on open interest
- Repurchased 125M in Q1 and 575M remaining to be repurchased
- Said that advancement in Unified ID 2.0, and Kokai platform means they are sell positioned for market share growth
SEDG:
- EPS of -1.9 vs estimate of -1.57.
- So a considerably wider loss than consensus
- Revenue of 204.4M vs 194.82M - beat by 5%
- Revenue was down 80% YOY
- Said they expect next quarter revenue to be 250-280m. Consensus was for 304M, so miss by 13%
- Other metrics:
- Gaap Gross margin as -12.8%
- Said their results aligned with their low expectations
- They were expecting inventory clearing adn typical seasonality
- Entering spring, which is when installations typically rise As such, they expect inventory to continue to decline and revenues to improve
- THEIR MAIN PRO RIGHT NOW THEN IS SEAONLITY
- Also focused on a suite of new products that they plan to release in next several quarters
PLNT - down after cutting their full year guidance.
- Lowered full year outlook due to people worried about covid infection and an advertising campaign that flopped.
- EPS of 0.53 vs estimate of 0.49 (beat by 8%)
- Revenue of 248M vs estimate of 249.85M (Miss by 0.8%)
- Ended quarter with 19.6M members
- Same store sales growth of 6.2%
- Mainly, this was driven by new member growth
- Several headwinds in the last quarter:
- Shift in consumer focus in new year to savings and concern in increase in COVID infections
- National advertising campaign they launched didn’t resonate particularly well
- As a result, forced to lower full year outlook.
- Now expects revenue growth of 4-6% from 6-7% before
- Expects EBITDA to increase 7-9% vs 10-11% previously
- Expects Net income to increase 6-8% vs 9-10% previously
- CEO Colleen Keating will be joining in JUNe
YETI
- EPS of 0.34 beat by 41%
- Revenue of 341.4M beat by 2.4%
- Raised annual guidance:
- FY EPS to 2.49-2.62, vs estimate of 2.49
- Revenue to 1.79-1.83B, vs estimate 1.81B
- STORNG BEAT AND RAISE QUARTER
- Direct to consumer sales were up 12% YOY
- Wholesale sales were up 13% YOY
- International sales were up 32% YOY
- US sales were up 9% YOY
- Coolers sales were up 15% YOY
- Sales in drink ware were up 13% YOY
- Said clearly that confidence remains high for the remainder of the year, especially in cooler and equipment segment.
MAG 7:
- TSLA - job cuts are escalating in China, affecting departments such as service staff, engineers, production line workers and logistics team.
- TSLA was down yesterday on US prosecutors investigating whether Tesla misled investors and consumers about its EV self driving capabilities.
- AAPL - Design team faces another top talent departure as Duncan Kerr plans to leave the company soon.
OTHER COMPANIES:
- Chinese stocks higher in premarket on strong HKG50 performance.
- Yeti pops one awnings - review above
- SHOP up on price correction nd a number of positive analyst upgrades
- MARA and RIOT down on BTC being down
- COST - April Sales highlights. Sales were up 7.1% YOY. US comp sales were up 5.8% YOY
- Canda comp sales up 5% YOY Ecommerce comp sales up 15% YOY
- So strong sales data for Costco
- PARA, SONY - Sony and Apollo group are reportedly planning to sell off Paramount’s CBS network and cable channels including Nikelodeon and MTV as part of their $26B bid for the company
- SHOP - Cathie Wood bought over 428k shares of shopify yesterday, on its worst day since IPO
- SHOP - JMP has upgraded shopify to market outperform from perform with PT of 80.
- DIS - Starting this summer Disney and WBD will offer a bundle including Disney+, Hulu and Max. Both ad supported and ad free versions will be available.
- DIS - Barclays calls Disney sell off as overdone and sees it as a buying opportunity.
- WBD - also plans fresh cost cuts and a hike in max price.
- HOOD - up on earnings - said that they added 140k new gold members in April alone, which is half the new gold members we got in all of Q1 2024. Thats strong
- GM - will end production of its gasoline powered Chevrolet Malibu Car later this year in order to produce new electric vehicles.
- LYB - intiated a formal review of its European assets, focusing on olefins and polyolefin’s, intermediates and derivatives unit.
- TRIp - yesterday was lower after tempering hopes of a takeover, stating there’s no deal with 3rd party that is in the best interest of the company.
- INTC was down yesterday as they lowered their Q2 guidance for 2nd time in less than 2 weeks Forecasts Q2 revenue to fall below midpoint of 12.5-13.5. Still reitaretad full year
- NIO - will launch its lower priced brand, Onvo on May 15th. First onto model, L60 will be a family centric smart BEV, much cheaper than Model Y from Tesla.
- Huawei advances tech self sufficiency with more Chinese parts in new phone - pure 70 pro features increased chinese made components, including flash memory chip
- BA - Cargo plane lands without front nose gear in Istanbul, investigation launched
- BABA - rolls out largest version of its large language model to meet AI demand.
- ZS is down as they confirm an ongoing investigation into possible data breach
- HUBS - gains amid report that talks with GOOGL are progressing
- APP - pops on earnigns beat which is driven by an improving app ad market, they said.
- BERY - earnings, reported mixed Q1 results, but reaffirmed their FY 2024 outlook
- ALGM earnings
- INFY and Formula E strike new partnership
OTHER NEWS:
- AFFirm eanrings yesterday showed that delinquencies on buy now pay later has doubled.
- UK’s Chancellor Hunt says that the UK has likely escaped recession.
- Fed Collins comments yesterday:
- There are risk to cutting too soon
- Recent inflation setbacks not a surprise
- Monetary policy is restrictive
- Demand will likely ned to slow to get us to 2%, timing of this is uncertain
- Memecoin demand in the crypto space is stronger than ever, says CoinMarket Cap. More and more meme coins being launched
- US saying they will not supply bombs or arms that are going to be used in Rafah
- Israel will reportedly review their Rafah operation after US president comments, threatened that US would stop sending weapons to them if they conduct their Rafah campaign. Israel said they will have to make their army be more economical with their use of weapons and munition.
- US president was unhappy that the bombs supplied by US are being used to kill civilians.
- Musk’s xAI nears close of funding round at $18B valuation, this week
- US Atlanta Fed GDP Nowcast for Q2 shows growth expected to come at 4.18%, vs previous forecast of 3.31%
- Japan’s currency diplomat, kanda says he is prepared for currency intervention at any time.
- Suzuki says weak yen will have pros and cons. Suzuki aims to mitigate adverse effects of yen depreciation.
- US house votes against ousting Speaker Johnson. Republican Greene had pushed for vote to remove speaker Johnson
- Russia holds victory day military parade as war rumbles on.
FOR MORE OF MY DAILY ANALYSIS, PLEASE JOIN
TRADINGEDGE
submitted by
TearRepresentative56 to
TradingEdge [link] [comments]
2024.05.08 18:23 SuckHerNipples What do the cars I've owned say about me (M25)?
2024.05.08 05:06 MountainMiami How bad is it
| The hood cable was stuck. Had some friends help and when I came back my cable was broken and my inside of the hood near the latch looks like this. Should I just bite the bullet and take it to a mechanic or does it look worse than it is? submitted by MountainMiami to ThirdGenCamaro [link] [comments] |
2024.05.03 02:28 HotRevenue3944 Can I car camp with these two structural issues?
I drive a 2003 Toyota Camry that belonged to a family member before they gave it to me. It has approx. 230K miles. Over the past several years, it's undergone significant mechanical repaireplacement (over $10K) — almost all to do with original parts that had run their course — though the engine runs smoothly and quietly, and has otherwise been well-maintained. However, there are two structural issues that I wonder if I should fix before I consider sleeping in it.
The first is that the trunk release does not work due to a broken cable (again, this is an age thing). I have a remote fob and the trunk opens that way only. There is an emergency latch inside the trunk for if someone was stuck in the trunk that works. The cost to repair the trunk release cable is approx. $800 to $1K. My concern here would be safety, i.e. if I needed to get out of the car quickly and couldn't access the key fob, or the fob battery died, etc., would I be okay without the latch?
The second, and perhaps more concerning issue, is that the rear driver's side window has a broken seal. So, the window goes all the way up (and I already have rain guards), but when there's heavy rain or snow, I notice the carpet (not the seat) feels wet, and a little cubby in the left side of the trunk fills with water (it was this, not the carpet, that tipped me off — when I brought the car in for an unrelated repair a few months ago, the mechanic was able to figure it out, but said I'd have to bring it to a body shop for fixing). An estimate on Google indicates this is another $1500ish+ job. If I wasn't living in it, I probably wouldn't care about a little water from time to time, but I have concerns about mold and air quality if I am.
I'm not in dire straits, but 1. I really don't like where I live for myriad reasons, 2. I want to try this out (car camping) and see if I like it before I'm forced to make a decision, i.e. move into my car or get a new apartment.
Worth a mention: I do have cash available to buy a new car if needed. But that, too, isn't something I want to just run into — if I get a new car (whether it's "new" or actually used), I want it to be the one I want, not because my back's against the wall.
TL, DR: I have a few structural issues with my car. Based on your experience, is it safe for car camping, or should I fix them before going for a trial run? Also, if anyone has experience with getting excess moisture out of a car or improving indoor air quality, I'm all ears. Thanks in advance!
submitted by
HotRevenue3944 to
urbancarliving [link] [comments]
2024.05.03 00:57 Ihadtohaveaname4this Got my 1st Autoworld Chase
2024.04.30 18:19 waldyisawinner In the final stages of buying a Chevy Malibu, dealer wants me to take the car early.
I went to a dealership last Saturday, and examined/test drove a 2016 Chevy Malibu. The car handled great, had low mileage and a clean history. However, three problems were apparent:
- A small paint chip on the front of the car.
- The radio display screen was black while driving. The rearview camera seemed to still be working, however.
- The turn signals had no audio ticking.
Talked to the dealer, and they said they could fix everything (or, in the case of the paint, offer a discount, but we chose to have them fix it) and have it ready by Tuesday (today). We wrote up a series of "we owe" papers. I thought everything was fine, but then yesterday received several texts from the dealership telling me that the radio would take a few days to arrive. They told me that I could take the car home and bring it back to the dealership to be repaired when the radio arrives. I politely declined. They then texted me several more times offering it as an option, with me declining every time.
Today, they told me that their paint vendor isn't able to do the work to cover the chip. They told me this shouldn't be an issue because the hood is aluminum, and they'd be happy to touch it up but it wouldn't be perfect. They then once again asked me if I'd like to pick the car up today, this time in exchange for a 600 dollar discount for the hassle of picking it up and bringing it back when the radio arrives. I have two questions:
- Should I consider picking the car up today? I could use the discount, but it strikes me as extremely odd that they're so insistent on offering me the car early when I've expressed multiple times that I'm happy to wait to pick it up.
- Does it make more sense for me to ask them to touch the paint up themselves, or try to renegotiate and tell them I'd prefer their original alternative offer of a lower price? It seems to me the latter makes more sense.
I'm a first time buyer, so I'd really appreciate some help! Thanks.
submitted by
waldyisawinner to
UsedCars [link] [comments]
2024.04.29 04:39 Acrobatic-Service687 Please help
| I recently purchased a used 2007 MINI Cooper S and after driving it home, I decided to change the oil. After I completed the oil change, I brought the car off the stands and went to double check that the oil level was where it needs to be, and I noticed that the hood lever no longer had any resistance. I provided a picture of the latch in the open position because I think that grey cable is torn but I didn’t look at how it was before, so I cant be sure. What can I do about this? submitted by Acrobatic-Service687 to MINI [link] [comments] |
2024.04.28 04:19 Known_Hippo4702 What happened to Mavis
I have been going to my local Mavis for about 20 years now, for all three of our cars. I found them to be honest and reputable, but the last three times I have gone I really feel like I have been getting hustled. I went in to replace the rear tires a few months ago and they said the front tires needed to be replaced also. The front tires to me looked good and still had tread above the wear bars. They also told me I needed a brake job. I only opted for the two I knew needed to be replaced. They also opened the hood to check the battery. When I got home I noticed they didn't fully close the hood because the hood release cable was stuck, not only didn't they fix it but they sent me home without it fully latched. I fixed it myself with a little WD40.
Recently I had a rear wheel bearing go out and one of the techs at Mavis told me it was $650 to replace and I needed a front wheel alignment for $350. I wound up talking to the manager that agreed to charge me $350 for the wheel bearing replacement and $99 for the alignment. What's going on with Mavis???
A week or two later I brought my car to my dealer for routine maintence and they said my tires and brakes were fine.
I read Mavis was sold within the past couple years. Is high pressure sales a new policy for them?
submitted by
Known_Hippo4702 to
tires [link] [comments]
2024.04.27 08:00 BeyondReflexes 2024 Activ I have breached 36k Miles.
I passed 36k miles on my 2024 Chevy Trax Activ - Nitro Yellow
Summary for the Non Readers I enjoy the car. No complaints that would make me regret the purchase at all. It has served me well throughout the manufactures warranty. I've only done oil changes, tire rotations, and did the Upper and Lower Engine Treatment thing they recommend at dealership Once. Now we shall see over the next 88K ish miles if it holds up. (I have the extended warranty up to 125k)
1st Pic shows the first picture I took once I realized I was past 36k, 2nd picture just shows The highest Miles To Empty I have ever seen on this vehicle.
For the Readers If its not obvious I drive a lot. I bought this vehicle with the idea that If I could use it as my main work vehicle the majority of the year and I would be selling or trading it once I reached 125k miles. This hasn't worked to plan at all. Ideally I would have been in this car for about 85% of my workload. Unfortunately since I received this vehicle July 18th I have been in more situations where I needed to use my truck while working mainly for two reasons.
- Roof Racks. I don't know if I just haven't found a good one that will work for this vehicle. Or if this vehicle is just too light weight, but I haven't had much success with Racks that can hold ladders, nor racks that can carry bikes. On windy days even without the racks you can be pushed around on the road quite a bit. With the Racks it felt unsafe at times when loaded, and ANC could not handle the sound of the wind going through the racks when loaded. You could hear it in cabin easily.
- Ground Clearance. One of the things I liked about this car when initially searching for a non Pickup Truck was I wanted something that felt more car like (Lower to ground when it comes to getting in and out). But still sits up higher. This actually ticked all the boxes. BUTTTT Little did I know this would be a detriment. For work there are plenty of times I will be in fields, gravel roads, badly damaged dirt roads, roads that have been washed out etc. There have been more than a few times I have scraped the bottom or even gotten stuck. Even with the beefier tires and 18 wheels raising the vehicle up vs some of the lower trims it still happens. AWD could have saved me a few times instead I had to use my come-along and trees to pull my self out of situations.
Even though I drive my vehicles a lot. I still rent a crap ton of rentals because I only drive to locations within 10 1/2 hours for work. Anything further I fly then rent. This brings me to my first thing of note thats not work related.
Infotainment Many Many people have complained about issues with the infotainment unit. For the most part I've been lucky to not really experience any of those major issues. But I agree after using 2023 Dodge Ram, and a Rivian Truck. The SOC's and Processors in all of the 2022/23 Chevy non electric vehicles are SLOW compared to the competition. Multitasking on Android Auto in the Dodge Ram I literally could have 4 apps actively running with no issues, and still being able to scroll through android auto's menus. On the Activ Two Apps max and anything after expect excessive processing lag.
I have both Android and Apple IOS devices I use with the vehicle. Samsung S23 Ultra, and Iphone 13 Pro Max are my current daily driver phones. I'm 100% wireless Android Auto, and Wireless Apple Car Play when It comes to the phones connecting to the car. I have USB Type C Data Blocker Cables that only allow devices to charge and not transmit data at all. The phones do fight over which will connect first and bring up navigation but I've just gotten used to switching between apple and google.
In an earlier review when I was around 10k to 15k miles I had explained up until that point I have only had the system reboot twice. Once while driving, and once while parked. This hasn't happen since that first update.
No camera issues at all. Mine behaves normally. Once leave reverse and switch to drive and hit 8mph camera goes off like the manual says it should.
Keeping Windshield & Outside of vehicle Clean for sensors In that previous post I also talked about the adaptive cruise control disengaging randomly, and the blind spot monitoring. But at that time I had suspected it always acted up after the car had gotten dirty/mudy/dusty because I never had the issue while car was clean. Well for me that seems to still be the case 20k miles later. I have a couple car wash memberships. When Working with vehicle I usually wash car 2 or 3 times a week. I never had an issue with anything disengaging when car is clean. And even when dirty I haven't had it happen since late last year after snow storm.
PAINT and Wheels and Tires all have held up very very good. No paint chips on the hood are along the front. (I bring this up because I have had repeated issues with my 23 malibu with just a multitude of paint chips.) These Tires Have Been down in Baton Rouge Heat during the heat wave last year when temps reached 105 and 106 towards end of august, and I have been in the Boulder, CO during the winter with snow.
GLOSSY BLACK PAINT INSIDE AND OUTSIDE There has to be a better way. A better Option. Inside the car enjoy the no scratches or smudges for as long as possible because believe me no matter how careful you are. They are just lurking around the corner. On the Outside I go through Bottles and Bottles of the Sea Foam Bugs B Gone as a pre treament before going through car washes. As I am in fields and the back country a lot of time during the warmer months Bugs getting smashed in all the crevices on every single glossy part on the front of the car smh.
Rear Window I've talked about how my rear window issue was different than others. I rarely have people in the rear seats so I usually don't roll the back windows down. But every now and then the Rear Driver side window would get stuck. Would not roll down. You could hear motor engage etc. But If I got out the car open the rear door then attempted to roll the window down while door was open it would work and continue to work for days on end until randomly one day I would go to check to see if it was working and it would be stuck. I would repeat the same door opening thing and it would work. BUT then as the temperature dropped to around 62 and below. I never not once during all the cold months up until now even have had the window not roll down when checking. Last year when I noticed that when it started getting cold. I suspected my issue had something to do with the temperature variance of an air conditioned car verses the hot outside causing an issue. I wont know for sure until it starts warming up again as I continue to randomly test it.
Speakers They are just ok. If you have heard any of the premium audio options from other car manufactures then you will understand. Just all around just kinda meh. Bass is low, highs are low, overall volume average. Mids can be a bit flat at times.
Windshield Wipers WTF!!!! WORSE DAMN Wipers. I'm not talking about debris being on the wipers and causing streaks etc. I understand you need to wipe your wipers off every now and then. But I'm on my second set of OEM wipers and they both had the same issue that the rubber part completely detaches and can just slide right out. On one of the wipers. First time it was the passenger side. Now its the driver side. I usually buy aftermarket but when my first pair went out I couldn't find the info online as to the sizes and type and didn't feel like manually measuring back then. I wont make that mistake again.
Auto Start heating and cooling WORKS Seat warmers turn on to lowest setting on auto start when cold out. The light doesn't show that they are on but they are. Manual explains this as well. Once you hit the start button when you get in the car. The seat warmers will turn off and you will have to turn them on and to your desired level like normal. Negative temperatures in several locations this past winter and Remote Start came in clutch.
Inconsistent Miles to Empty Probably the most annoying thing about this car beside the Gloss. I manually track my miles and gas inputted in vehicle. Car Performs mechanically like it should when it comes to actual MPG and tank size. But that sensor or software that tells you when the tank is full and how many miles you have to empty is all over the place. I've experienced this on several of my Chevy's over the past decade. Even now my 23 malibu and my Equinox do the same thing. Just today I filled up with two extra clicks after first Stop on the pump. Tank said 353 miles left to empty. Mileage was 36081. I get to my destination and Tank says 361 miles left mileage 36109. I drove nearly 30 miles and mileage left was higher than when i started the drive. I included that second picture showing 430 Miles Left to Empty. Thats the highest I ever seen. On screen i average between 347-389 on fill ups. Actual tank mileage almost always comes out to around 380-403 when hitting low when strictly driving highway.
Seats and Trunk I actually enjoy the seats, I love the look. I have no issues driving 10 1/2 hours and turning around the next day driving back. Trunk space is adequate especially if you lay seats down. TOOK ME WAY to Long to realize that the trunk topper can easily be removed by unlooping the ropes.
On the 2026 version I would like to see the auto folding side mirrors like the Buick Version of this car has on one of its trims. AWD on Activ Trim, and Winch Optional or atleast Winch Holes in front bumper so we can easily attach an aftermarket one.
Engine Its a turbocharged 1.2L 3cyl. (What are you expecting lol) You just have to learn how to ride the turbo power band. Once you figure out when you will have power and not. Passing people, and merging become a lot simpler.
submitted by
BeyondReflexes to
ChevyTrax [link] [comments]
2024.04.27 02:58 NormalCategory3447 NEED HELP DESPERATELY 😭
ok so I'll skip the nightmare I've had so far and jump to the chase, I had to pull the old wiring and start completely fresh which I used like a universal wiring harness the car is a 1970 Buick Skylark with a Chevy 350 in it I got the starting circuit basically wired up but when the car turns over it idles so fast as if someone's pressing the gas and if I manually f*** with the throttle cable under the hood to try slow it down it just dies what am I missing here
submitted by
NormalCategory3447 to
MechanicAdvice [link] [comments]
2024.04.25 21:36 Mstrkaoz Dead battery after dealership check up
So recently, my wife took her Chevy Cruze to the dealership for maintenance due to some electrical problems and a system reboot. The ignition would have trouble turning over quick and sound like it hadn't been started for years. Everything came up rainbows after. No start up issues. Now we have a bigger problem. She just found that the car wouldn't turn over at all, and the key locks into the ignition. Did some research and assumed it was the anti theft system, on account of an odd scratch on the driver window and paint cracks on the hood near the latch. Tried everything until we tried jumping it. Everything works. Until the car turns off. Then it's all dead again.
Which brings me to my question;
Would the dealership have not noticed a dead battery, or was the car broken into and the batter drained on purpose? Am I being paranoid?
And to answer the obvious, yes we need to replace the battery.
submitted by
Mstrkaoz to
carproblems [link] [comments]
2024.04.24 19:59 Rocket_John What is this plug, and should it remain plugged in?
| 2018 Chevy Malibu 1.5 turbo I just pulled a GPS tracker out of my car (I don't think it was maliciously placed, I'm pretty sure my car just used to be a rental or a fleet vehicle) and the power cable was ran through this plug directly next to the battery. You can see the two thin wires coming out the sides of the plug, one goes to ground and another goes to the fuse box where power was being ran through the ECM/ignition fuse. Also included is a photo of where in the engine bay the plug is placed. My question is if this plug should remain plugged in after I remove the tracker. I drove the car around after unplugging it and the rest of the tracker and it seemed to run fine, it threw a CEL but after a short test drive and restarting the engine the CEL went away. It's hard to find photos of the engine bays of other cars to see if there's a similar plug on the same make/model/year. submitted by Rocket_John to MechanicAdvice [link] [comments] |
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