Inventory will skyrocket ahead of revenue. It’s not a head scratcher.
In afternoon trading, stocks rose 4.4%. What gives?
Well, the market is helping. The S&P 500 rose 1.6% after a 2.4% decline on Monday. Tesla fell 5.8%.
As Frank CappThesis founder and market engineer Frank Cappeller points out, volatility is reduced in both ways. When the ocean is rough, inventory shakes the bob up and down than the mild water.