Diamonds and Dogs
Ford Motor (F) accelerating production of their electric truck. Ford is up 11% to a multi-decade high as the company plans to double annual production capacity of its coming F-150 Lightning electric pickup truck to 150,000 a year due to strong demand. Not bad.
What worked last year, not working in 2022. The business stay-at-home plays, Zoom Video (ZM) and DocuSign (DOCU) are down 5% and 4% respectively. Even as new cases of COVID spike to a million per day, Wall Street is selling the stay-at-home plays. DocuSign and Zoom have both been on a steady decline since July, down over 50%.
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