Dan Schmeidler

AutoZone Is Headed for a Near-Term Breakdown: Time to Short

Thank you for the mention, Brian. Feels like swimming upstream these days. Just based on the many resistance points broken, the market seems to be trading on technicals lately. Of course, AZO's resistance would be to break (more) all-time highs. But still, I just can't see how one can be a buyer of this stock.

AutoZone: No Repeat

Thanks for the comments. And thank you seeking-alpha for publishing my article. One could certainly argue for any other investment perspective in relation to drops in gas prices. And this is certainly not an attempt to show that gasoline prices correlate to Autozone's earninings. The focus is on an extraordinary event. Nevertheless, AZO's financials date the bottomm(ing) of a historic collapse in oil prices. This article simply argues that the drop in gasoline prices pulled drivers into their cars, and eventually into Auzones. In my opinion the drop in gas prices was a determinant factor in Autozone's recent earnings. In the absence of such events during the third period, Autozone, in my opinion will not repeat it's most recent performance. One perspective. Pure and simple.