|Day Low/High||10.20 / 10.32|
|52 Wk Low/High||7.41 / 10.90|
This morning my pal Sarge makes the case that General Motors is attractive for a short term trade. General Motors, still a favorite of several prominent hedge funds, was placed on my Best Ideas List (short) at $43.43 in October, 2017 and closed yest...
The potential reward in GM as hurricane season arrives is now worth some risk.
The Dow was the lone index to find its way into the green before Thursday's closing bell.
I have said this before (and I have been wrong) - but I will observe again that the market's complexion seems to be changing. FANG (ex-Amazon ), the market's leading space, is faltering. Former market darlings like , , , (and many others) are fallin...
Big Apple investor Warren Buffett pooh-poohs the combination, and with good reason.
The number of stocks making new highs continues to contract rather than expand.
Recent patent disclosures and hiring activity suggest Apple's Project Titan is doing more than just working on self-driving systems.
All three major averages fell in Thursday trading as the threat of a new round of tariffs hurt stocks.
U.S. markets were down across the board on Thursday as the investors digested the latest round of trade turmoil.
* The yield on the ten year US note has dropped a basis point to 2.81% and the 2s/10s spread has declined to a cycle low of 20 basis points. These are not economic friendly trends. * Autos are a wreck - I wouldn't bottom fish on these value traps ( ...
Ever-increasing demand from index funds makes it hard to imagine a truly bear market.
Now there's no real crisis here. I think that money's still being spent, it's just being spent a different way.
It is all about perception, and here are strong names to pick up on market weakness.
Auto industry sales are likely to get much worse in the year ahead.
* We are now past "Peak Autos" * Look for much weaker auto industry shipments ahead (which will not be "economy friendly") * GM and F are "value traps" "Sales in the last month will underscore investor fears that auto sales have peaked and that, wit...
Argus Research details 24 stocks likely to be impacted, one way or the other, by trade wars and tariffs.
The online retailer's latest earnings crushed analyst estimates, but plenty of questions remain.
Amazon is up some 3% in early trading as I write this. The stock is rallying after reporting earnings Thursday after the bell that blew away analyst estimates -- but I'm not buying it (figuratively or literally). Here's a summary of the reasons why:...
The streamings service's paid user base now sits at 83 million.
I have spent considerable time discussing "Peak Autos." This morning Ford's shares broke the $10 barrier for the first time since 2012 and General Motors continues to make new lows. My view is that F and GM represent "value traps." I would not be t...
Tariffs are a net negative for carmakers that will run downstream.
Value is in the eye of the beholder. And, cyclical stocks always look inexpensive (low PE ratios) at the top of a cycle. Recently Jim "El Capitan" Cramer mentioned an old friend's (Ed Wachenheim) attraction to General Motors stock: "But Ed saved his...
This options strategy on SBUX offers potential reward with little risk.
The earnings parade continues on Wednesday, with automakers General Motors and Ford reporting.
With CEO Marchionne stepping down, management now becomes a minus not a plus.
The Dow snapped a four-day winning streak as President Trump commented on the Federal Reserve and currency manipulation in an interview that it set to air Friday.
Nucor faces a challenge in developing the necessary production capacity to make high quality automobile sheet metal, according to an industry analyst.