|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||33.08 / 41.90|
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.
Waymo is the key to unlocking long-term shareholder value at Fiat Chrysler.
Fiat Chysler cruises to gain on Monday after auto-parts auction.
Fiat's focus is on its balance sheet while its Alphabet partner pushes the self-driving envelope.
The carmaker will receive a cash infusion as its focuses on value creation and self-driving vehicles.
"We believe that free market capitalism is the best path to prosperity!" - The Kudlow Creed Dear Larry, You and I go way back - we have been friends for many years. I deliver this letter to you out of respect and in recognition of that friendship. I...
Auto stocks have underperformed the S&P by 32% this year and stands at its lowest relative strength since March, 2009. I recently covered my General Motors short but I am of the strong belief in the "Peak Autos" theme.
We are in the midst of earnings season where we can piece together a mosaic of what's really going on in the economy.
The other involves taking advantage of late-day rebalancing by ETFs.
* What was up in a down market today? * Searching for trading rental ideas In looking for short-term trading ideas I often comb my screen for stocks that were green in a sea of red (long candidates) or red in a sea of green (short candidates). Here ...
Yesterday, I finally covered my General Motors short at under $32.85 (I had placed GM on my Best Ideas List at over $43 last year). More on "Peak Autos": Auto stocks in 2018... Fiat: -5% Toyota: -6% Nissan: -9% Tesla: -16% Volkswagen: -16% Honda: -1...
What are people doing talking about how strong the economy is without getting their hands dirty and speaking to CEOs?
I have covered my longstanding short at $32.86. GM was placed on my Best Ideas List exactly one year ago at $43.43. At the time, GM was loved (by a number of high profile hedge funds) and certainly was not seen as a "Value Trap." Peak Auto seemed li...
Ford cruises to modest gain as it sets sights on a streamlined business plan.
Ford's push into self-driving offers hope for investors in the laggard automaker.
When rates get to where they have to go we are going to have a slowdown that will be regarded as stagflationary.
Tariffs could curtail a turnaround at the United States' largest auto-employer.
Autos and Semiconductors Autonomous driving. This is becoming a really big deal. By now, I am sure that most of you saw this morning's interesting news. Honda Motor would immediately invest $750 million in the Cruise autonomous vehicle unit of Gener...
It is good to be back standing in for Doug Kass this Friday with the Daily Diary. Hopefully we see the market follow up on Thursday's rally and end the trading week on a high note. It looks like overseas markets are mixed, with Asia closing largely ...