Consumer, Running on Fumes

If the consumer was just fine, then we wouldn’t have announcements of one business failure, or plant closure after another, here, here and here.

DoorDash (DASH) falls into the (completely) discretionary camp.

Does anyone really need this?

The chart shows a massive (largest ever) downward thrust on November 6th, from which DASH has been attempting to recover.

This past week, it looks like that recovery has failed (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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The Danger Point®, trade mark: No. 6,505,279