From the desk of Willie Delwiche.
We had fun with this one all week. We can frame it in the context of Ford’s aggressive foray into the EV market or more narrowly as an expression of suburbanite luxury truck preferences. It fits well within the growth to value conversation as well as “old is new and new is old” themes. Even if it’s not seen strictly as a pair trade, it reflects a shift in investor interest and preference. After establishing a big base versus Tesla (one which looks an awful lot like an inverted head-and-shoulders pattern), Ford is poised to break out and move into empty space.
