|Day Low/High||37.27 / 37.97|
|52 Wk Low/High||30.56 / 45.52|
It is Chinese car manufacturers, not U.S. ones, that are suffering the most with Chinese sales.
If you wanted to do more to make things right with this economy than whatever the Fed is about to do, then we need more people in the workforce.
Ford CEO Hackett and VW CEO Diess confirmed discussions are underway.
It is dawning on major money managers that President Trump simply isn't serious enough to be considered dependable.
What to buy and what to trim on the 90-day extension on trade talks.
Now, though, we have the G-20 and this is a much tougher one.
It's time for Fed Chair Powell to put his regulatory hat on and stop this nonsense with firm enforcement.
From today's Wall Street Journal editorial page: "President Trump believes he can command markets like King Canute thought he could the tides. But General Motors has again exposed the inability of any politician to arrest the changes in technology a...
The outcome of this weekend will be binary, taking the markets sharply higher or lower.
If the Fed is less of a problem and China is less of a problem, the market can go higher. If both continue to be problems, we go lower.
GM CEO Mary Barra is an obvious winner, while domestic suppliers are sure to be among the losers.
Never confuse a bounce with a sustained move.
GM could show more strength in the short-run and maybe into year-end, but I would look for more basing and sideways price action before buying its shares.
As an example: After General Motors shares were halted pending news following a 2%+ jump after the open, Barra revealed that the company would shutter 7 plants (5 in North America and 2 international) after 2019, fire 15% of its salaried workforce ...
Auto companies are misguided about the U.S. federal tax credit for electric cars.
"We're all hurt someplace and we're all looking for a painkiller." -- Katherine, Looking For Mr. Goodbar As I have previously remarked there is an old trading adage that long trading opportunities often occur in stocks that are green in a sea of red...
"Just one more thing" -- Lt. Columbo A few months ago I initiated a new occasional item called Dumbest Comments in the Business Media because over time I have observed that far too often the "talking heads" that are paraded in front of us are superf...
GM had better pray governments don't steer the auto market to electric cars.
Our Trade of the Week (on Monday) was buying at $32.65. The company just announced a large beat and the shares are trading at $36.90 (for a premarket gain of +$3.47)! I have just sold my long rental for a large gain. Here is how I introduced the ...
This stock moves fast, so acting on target prices and panic points is essential.
I added to General Motors (my Trade of the Week) this morning. I also re-established a small Twitter loan in early weakness (I am still of the view that Alphabet/Google ultimately buys the company). But I am not chasing the strength.
* Staying flexible in view on autos * Car manufacturers may have finally discounted my numerous concerns Despite several high profile hedge fund industry long purchases of General Motors, I have been an advocate of "Peak Autos" for two years. At th...
Here is how, and when, to get into a micro-cap -- and why you should consider it now.
It becomes difficult for me to tell you where to run in these markets...
Andrew Left's 'fundamental' reasoning behind suddenly going from hating TSLA to liking the stock is simply uninformed.