|Day Low/High||25.43 / 26.04|
|52 Wk Low/High||14.32 / 41.90|
General Motors hit another low this morning -- underscoring and putting an exclamation point to my "Peak Autos" thesis in place for over a year. My analysis suggests that there will be a large guidedown by the company ahead. GM remains on my Best Id...
Here are a few stocks that could take a residual hit in the third quarter.
This morning my pal Sarge makes the case that General Motors is attractive for a short term trade. General Motors, still a favorite of several prominent hedge funds, was placed on my Best Ideas List (short) at $43.43 in October, 2017 and closed yest...
The potential reward in GM as hurricane season arrives is now worth some risk.
I have said this before (and I have been wrong) - but I will observe again that the market's complexion seems to be changing. FANG (ex-Amazon ), the market's leading space, is faltering. Former market darlings like , , , (and many others) are fallin...
* There will be many more. "Hello I Mr. Ed. A horse is a horse, of course, of course, And no one can talk to a horse of course That is, of course, unless the horse is the famous Mr. Ed. Go right to the source and ask the horse He'll give you the a...
Big Apple investor Warren Buffett pooh-poohs the combination, and with good reason.
* The yield on the ten year US note has dropped a basis point to 2.81% and the 2s/10s spread has declined to a cycle low of 20 basis points. These are not economic friendly trends. * Autos are a wreck - I wouldn't bottom fish on these value traps ( ...
"Hello I Mr. Ed. A horse is a horse, of course, of course, And no one can talk to a horse of course That is, of course, unless the horse is the famous Mr. Ed. Go right to the source and ask the horse He'll give you the answer that you'll endorse. ...
The market's perception can change, and I predict fearlessly that it will, but ultimately numbers do matter.
Ever-increasing demand from index funds makes it hard to imagine a truly bear market.
Tesla's reported parlay with the $250 billion Saudi fund threatens to push out the little guy.
Now there's no real crisis here. I think that money's still being spent, it's just being spent a different way.
It is all about perception, and here are strong names to pick up on market weakness.
These names all combine good dividend yields with low price-to-earnings multiples.
No one in his right mind would pay this valuation for a company that makes cars.
Auto industry sales are likely to get much worse in the year ahead.
* We are now past "Peak Autos" * Look for much weaker auto industry shipments ahead (which will not be "economy friendly") * GM and F are "value traps" "Sales in the last month will underscore investor fears that auto sales have peaked and that, wit...
Analysts who follow the automaker failed to ask CEO Elon Musk the tough, more relevant questions about its business.
The streamings service's paid user base now sits at 83 million.
I have spent considerable time discussing "Peak Autos." This morning Ford's shares broke the $10 barrier for the first time since 2012 and General Motors continues to make new lows. My view is that F and GM represent "value traps." I would not be t...
Tariffs are a net negative for carmakers that will run downstream.
The Dow was weighed down by Boeing for most of the day Wednesday, but the blue-chip index closed the day on a high note.
This options strategy combines a bullish put spread with a bearish call spread.
Diplomacy must precede presidential threats.
We should be down much more if things weren't murky; a confusing moment to say the least.
Matthew Cheslock, an equity trader with Virtu Financial weighs in on Wednesday's trending stocks from the floor of the New York Stock Exchange.