Prev Close | 36.12 |
Open | 37.01 |
Day Low/High | 34.38 / 37.08 |
52 Wk Low/High | 34.58 / 67.21 |
Volume | 24.07M |
Prev Close | 36.12 |
Open | 37.01 |
Day Low/High | 34.38 / 37.08 |
52 Wk Low/High | 34.58 / 67.21 |
Volume | 24.07M |
Exchange | NYSE |
Shares Outstanding | 1458.02B |
Market Cap | 52.24B |
P/E Ratio | 24.84 |
Div & Yield | N.A. (N.A) |
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...
A wall of liquidity seems to absorb every dip. But there are also enough reasons to be ever vigilant.
For starters there's Adam Aron and Elon Musk.
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 ...
Semiconductors are used in cars, computers and even high-tech grills. The problem is China's appetite is also insatiable -- and Taiwan is stuck in the middle.
Reflecting my ursine market view, I have taken my quick one day profit in General Motors .
Is the truth in the jobs report or GM's earnings? Or is it in the cruise lines or the real estate firms? Let me show you the 'REIT' way to look at it.
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.
There is no real sustained momentum, which tends to create even more quick flipping.
Do I like General Motors? I do. I also like Ford. Forced to own one of the two, I still choose Ford.
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.
The long side of the automaker looks vulnerable as it reports second-quarter results.
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...
Lithium producer Albemarle is forming a bullish pattern on its chart.
I am adding to , , and .
I am long GM (for an investment) at $53.79. GM is on my Best Ideas List (long).
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.
Human behavior regarding vaccinations is bedeviling stock-picking right now.
* 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...