$W Reports Customer Count Down - 23.4% yoy

My twitter link has the ugly charts for $W, but here is the CNBC notes on why $W was down -25.68% for the day:


  • Wayfair reported larger-than-expected losses in the first quarter as shoppers scaled back their spending on the home category.

  • Wayfair reported its count of active customers in the first quarter of 2022 declined 23.4% from a year ago.

  • Wayfair also announced its chief financial officer, Michael Fleisher, is set to retire early next year.


2) 5 MAY 22 bmo Earnings:

Down (-25.68%) end of day

Earnings Loss (-$1.96) per share
eMISS (-24.05%)
rMISS (-0.90%)
Earnings Decline: (-916.70%)
Revenue Decline: (-13.90%)

Not to rain on your parade but…

I have too much invested in climate alarmism stocks and I have been searching for growth alternatives. I like retail and Amazon and Shopify have been market darlings. SHOP is down 75% from its all time high, the P/E has dropped to around 20, and they have lots of cash from the secondaries offerings of the 2020-21 bull market. What’s not to love?

Let’s play Market Charts! Comparing past performance is not a guarantee of future results but if you don’t have a crystal ball to see the future then you have to use what you do have. So I compared SHOP and AMAZ against my climate alarmism stocks. Shocked! Shocked I tell you! Fasten your seat belts before clicking the link!

SHOP vs. AMZN, ENPH, and TSLA 3 year chart. https://bigcharts.marketwatch.com/advchart/frames/frames.asp…

While SHOP is down 75.6% from its all time high, ENPH is down 32.3% and TSLA is down only 29.0%. But to hold ENPH and TSLA you have to ‘bear the slings and arrows of outrageous volatility.’ Thanks Bill, you write nice!

To quote Peter Lynch, “Don’t cut your flowers and water your weeds.”

The Captain