General Motors Company (GM)

57.83
0.98 1.70
NYSE
Prev Close 56.85
Day Low/High 56.22 / 58.24
52 Wk Low/High 33.55 / 64.30
Exchange NYSE
Shares Outstanding 1451.72B
Market Cap 82.53B
P/E Ratio 24.84
Div & Yield N.A. (N.A)
Play Defensive With General Motors Post-Earnings

Play Defensive With General Motors Post-Earnings

The long side of the automaker looks vulnerable as it reports second-quarter results.

GM Long Sold

Break in!  I have sold my long in premarket trading on the disappointing guidance.  I am fearful that this is a crowded long that will have issues with the above.

My Long Book

Some of my longs that I have mentioned recently include , , , , , , (spec), (spec), , , , , and .

Markets That Run Too Hot Sow the Seeds for Slowing Growth

* The Fed fails to learn from history  As the Fed debates what to do tomorrow, they are presiding over home price inflation as of May running at a near +17% year over year run rate according to S&P CoreLogic. It is quite astonishing that after the e...

GM Recalls Chevy Bolt EVs

General Motors is issuing a new recall for nearly 69,000 Chevrolet Bolt electric vehicles (EVs) worldwide for fire risks after reports of two new fires. "Experts from GM and (battery maker) LG have identified the simultaneous presence of two rare ma...

Added to 4 Stocks

Added to , , and longs.

Trading and Investing Without Emotion

* Trading and investing can sometimes be as seen as much as art as science * To me, both trading and investing should be embarked upon dispassionately, enforced and supported by a sense of where value resides * Some technicians see the recent rollov...

This EV-Related Stock Is Ready to Rock

This EV-Related Stock Is Ready to Rock

Lithium producer Albemarle is forming a bullish pattern on its chart.

Adding to 4 Stocks

I am adding to , , and .

GM Investment

I am long GM (for an investment) at $53.79. GM is on my Best Ideas List (long).

AutoNation Accelerates Its Growth, But It's Not a Trade for Me

AutoNation Accelerates Its Growth, But It's Not a Trade for Me

Maybe I'm old fashioned, too old fashioned. But I think I would rather tackle the debt than add to it in order to reduce the float.

Jim Cramer: Don't Ignore the Impact of Irrational Behavior This Earnings Season

Jim Cramer: Don't Ignore the Impact of Irrational Behavior This Earnings Season

Human behavior regarding vaccinations is bedeviling stock-picking right now.

Genuine General Motors Gibberish

* Classic "group stink" and "late to the party" comments I placed GM on my Best Ideas List in September, 2020 at $30.85/share based importantly on the appeal of the auto manufacturer's EV line of products and its low P/E relative to other publicly t...

Beware of False Prophets

"Beware of false prophets, who come to you in sheep's clothing but inwardly are ravenous wolves." - Matthew 7:15  In a maturing bull market, contrarian views can be enlightening.  I will again note how critical one should look at "Group Stink" espec...

Oily Mess, Techs Go Wild, a Jobs Data Plea, the Power of Positive Yield

Oily Mess, Techs Go Wild, a Jobs Data Plea, the Power of Positive Yield

Plus, quick looks at Tesla's car deliveries, Amazon's CEO change and Didi Global's post-IPO downdraft.

Back to Carvana

I am reestablishing an old short, a small-sized in Carvana ($309.9).  While CVNA has been rallying, GM has been falling. I expect CVNA to "ketchup" - to the downside.

Halftime

Danielle DiMartino Booth attacks auto "Group Stink" (everyone loves , , et al): While the S&P 500 is up more than 14% thus far in 2021, automaker stocks are up roughly 4% YTD; auto and light truck assemblies have been below year-end 2020 levels ever...

We're at a Moment of Unreasonable Confidence

* Is it time to expect the unexpected? * Too much "group stink" and "first level thinking" has invaded the markets * As an example, just look at the shares of General Motors and Delta Air Lines - both have been the subject of near universal optimism...

18 Winners in the Digital Future

18 Winners in the Digital Future

These best-of-class stocks represent powerful investment trends that will be difficult to disrupt.

Minding Mr. Market

* A win for the bears, today * And continued losses for Financial TV  Though well off of the session lows there was less than meets the eye to the market today: * Breadth was consistently weak throughout the trading session (14 advancers for every 1...

Don't Downshift, General Motors Looks Ready to Resume Its Advance

Don't Downshift, General Motors Looks Ready to Resume Its Advance

We're checking out the GM charts.

Dissipating Fear, Too Much Cash, Elizabeth Warren, Software for Sale, Nvidia

Dissipating Fear, Too Much Cash, Elizabeth Warren, Software for Sale, Nvidia

The banks are parking large amounts of dough at the Fed every night. Last Friday's number was the highest single day total since 2017.

Ford Is Solid, and I Have a 3-Pronged Approach to Buying the Shares

Ford Is Solid, and I Have a 3-Pronged Approach to Buying the Shares

Their electric vehicle program may be underrated but they're not afraid to take on Tesla, GM, or Rivian, which is backed by Amazon.

Jim Cramer: This Is Not the Most Dangerous Time for Investing Ever

Jim Cramer: This Is Not the Most Dangerous Time for Investing Ever

Last week was the first week in ages that I thought there was as much good inflation news as bad even as very few seemed to notice it.

Jim Cramer: Here's Why I'm Still Revved Up About Ford

Jim Cramer: Here's Why I'm Still Revved Up About Ford

This is a halcyon moment for the U.S. car industry and no matter what, you have to own one of Detroit's finest.

Out of GM

I am out of my short term trading long rental of General Motors for a small gain.  It was meant as a quick trade.  I have also sold the balance of my and all of my as well as covering my Tesla short - in keeping with my need to raise personal liquid...

Yellen's Error, 'Inflation Scare', Cyclical Sectors, Gold, 4 Stocks I Bought

Yellen's Error, 'Inflation Scare', Cyclical Sectors, Gold, 4 Stocks I Bought

Bring back the gold standard? Whatever nation that did so would instantly have the most highly desired currency on the planet.

Trading Rental Long of General Motors

I bought some General Motors on initial weakness - for a trade - following the EPS beat.  

Here's What I'll Be Checking Tomorrow

With Doug back in the Diary saddle, I'll share that tomorrow morning, as the earnings onslaught continues, I'll be wading through the following reports: CNH Industrial  as a follow up to my corn comments earlier today. CyberArk given Trifecta's posi...