General Motors Company (GM)

While Ford Motor and General Motors cut auto production yet again this week, data from ACT Research puts preliminary NA Class 8 net orders in August at 36,900 units, while net orders for medium duty trucks (classes 5-7) jumped to 31,900 units, both ...

Just awful news on General Motors after the close. Phew Squared! 

* Cyclical stocks always look inexpensive (with low P/Es) at the top! General Motors  and Ford  simply can't get out of their way.  I recently sold out my auto longs:  Aug 05, 2021 ' 03:08 PM EDT DOUG KASS Calling An Audible on Autos The more resear...

Late last week I called an audible on the auto stocks - selling some of my shares and also selling calls against both both and . As expected, I lost all of my General Motors long position through an option assignment on Friday.

The more research I do, the more I come to the view that the automobile industry has also benefited from a pull forward of demand.  This is, like banks, a go-to sector for value investors - and has been readily embraced by many, to the point it may ...

Reflecting my ursine market view, I have taken my quick one day profit in General Motors .

I had a very active trading day! * I added to Discovery , Disney , Ford (sold calls), General Motors (sold calls) and Viacom longs. * I added to Facebook , Goldman Sachs , Morgan Stanley , and Tesla shorts. Thanks for reading my Diary. Enjoy your ev...

This morning I sold my holdings in the premarket slightly above $56/share.  I have added back today (at much lower prices) as - though the quarter was very noisy (most notably a $1.2 billion recall charge and some additional second half downtime ref...

With Tesla having recently risen substantially in price and General Motors getting schmeissed today - this could be an ideal time to put on a Long GM/Short TSLA trade. I have put on a separate trade with this objective now.

My average price on the buy is $53.27.

I just bought back the I sold (considerably higher) in the premarket at $53.36 just now. The selloff appears overdone. I also added to  at $13.64.

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.

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

* 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...

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 , , and longs.

* 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...

I am adding to , , and .

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

* 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...