We’ve seen this movie before…
Back during the pandemic, when supply chains were a mess and new cars were tough to come by, what happened?
Used car prices skyrocketed.
And now, we might be looking at a sequel — thanks to tariffs.
In today’s episode of Market Radar, I broke down what’s happening. In short: with new tariffs landing (and more potentially on the way) we could see new car prices jump. Again.
That’s why I’m keeping an eye on used car stocks like CarMax (KMX) and AutoNation (AN).
If buyers start avoiding new car sticker shock, those two could benefit in a big way.
Especially if we see a rush of money rotate into more defensive sectors like retail, autos, and consumer staples.
CarMax, in particular, is already starting to carve out a pattern on the chart. If it gets back above $80 with some momentum, I’ll be watching closely for a potential setup.
This is the kind of move that doesn’t get a lot of headlines at first — but when it takes off, everyone’s suddenly paying attention.
I just covered this and a lot more in today’s FREE Market Radar session — including the latest action in gold, bonds, and the job report coming Monday.
👉 Watch the full episode here
And don’t forget to register your spot to be notified every time I’m going live.
Stay sharp,
—Geof Smith
P.S. Targeting $100 a day right as the market opens? It’s not only possible… I’m doing it!
