General Motors Company (GM)

35.21
0.79 2.19
NYSE
Prev Close 36.00
Open 35.53
Day Low/High 34.31 / 35.57
52 Wk Low/High 34.38 / 67.21
Volume 16.68M
Exchange NYSE
Shares Outstanding 1458.02B
Market Cap 51.61B
P/E Ratio 24.84
Div & Yield N.A. (N.A)
Let's Not Forget About Toyota Motor as Autos Remain Strong

Let's Not Forget About Toyota Motor as Autos Remain Strong

Here's our price objective.

Short Cues

I am taking my shorting cues today from:  * The weakness in , , and . * The inability of some tech stocks (read: Amazon ) to hold early gains and totally reverse. * The profound reverse in market breadth. * The uber confidence expressed in the busin...

Mea Culpa

I made some bad covers in my auto shorts last week - and .

More F, GM

I have covered the balance of my and shorts for a small profit. As I mentioned yesterday, I planned to be out today, win, lose or draw!

Covering F, GM

I covered half of my short at $23.62 and at $64.74.

Ford, GM

I am shorting more and in premarket trading. I am thinking very short term on these short rentals.

My Comment of the Day

"Just one more thing." - Lt. Columbo   dougie kass • a minute ago This is a one way market dominated by passive products that follow price momentum. Case in point banks, oils and autos today on the upside and Tech on the downside. Who pays 8% and 11...

F, GM Short

I shorted (mean regression trade) and at the close.   I will be covering tomorrow - win, lose or draw.    

The Rotation Out of Growth and Speculative Names Has Returned

The Rotation Out of Growth and Speculative Names Has Returned

This action is probably driven by the end of the year unwinding as well as concerns about weakness in bonds.

Treasury Takeaways, Pricing in Herd Immunity? Apple $3T, Trading AMD and Marvell

Treasury Takeaways, Pricing in Herd Immunity? Apple $3T, Trading AMD and Marvell

Defensive sectors took three of the bottom four places on Monday, a stark reversal from what was experienced across the marketplace the past week or two.

Driven Toward Auto Stocks? Here's a Road Map of What to Watch in 2022

Driven Toward Auto Stocks? Here's a Road Map of What to Watch in 2022

Chip woes, China bumps, technology advances and crazy valuations are not out of the rear view.

Market Pause, Trading Lockheed Martin, Apple Talent War, EV Battles, Ford

Market Pause, Trading Lockheed Martin, Apple Talent War, EV Battles, Ford

Market breadth was fairly awful Tuesday, though participation was down. There was no easily traceable move into or away from cyclical nor defensive type sectors.

Underappreciated and Undervalued: General Motors Is My Top Stock Pick for 2022

Underappreciated and Undervalued: General Motors Is My Top Stock Pick for 2022

Setbacks and skepticism have created a well-positioned investment opportunity for the year ahead.

Trading Tesla? Here's My Plan for the Shares This Week

Trading Tesla? Here's My Plan for the Shares This Week

Wall Street is in love. Right now...

Tesla, Again

If you thought we would get out of 2021 without yet another bullish prognostication on Tesla shares, well... you may want to re-think that.  Wedbush's ever bullish Dan Ives is talking about 30% upside over the next 12 months in the shares as compone...

Santa Baby, Volatility, CDC Shift, Apple $3T, CES, Trading Energy Stock APA

Santa Baby, Volatility, CDC Shift, Apple $3T, CES, Trading Energy Stock APA

Over those past 15 years, the S&P 500 has posted an increase for the last week of the trading year 67% of the time.

Nikola Is Purely Speculative But Okay for Day Trading

Nikola Is Purely Speculative But Okay for Day Trading

The stars in this industry are Tesla, and now Ford and Lucid.

To Be Honest... 

I was really dumb for aborting my "Trade of the Week" yesterday.

Doug Kass: My 15 Surprises for 2022

Doug Kass: My 15 Surprises for 2022

Like Diogenes with his lantern, I am, again in 2022, a cynic looking for truth - as I engage in my annual assault on the consensus and 'Group Stink.'

My 15 Surprises for 2022

* Another Trump/Clinton Presidential race appears increasingly likely in 2024 - But it's not the Trump you think! * "Slugflation" (sluggish growth and stubbornly high inflation) becomes a commonly used term to describe the global economy next year *...

Calling an Audible on General Motors

I don't like the action in General Motors (my Trade of the Week) - and I am calling an audible and selling the position for a small gain.  It was meant as a short rental.

A Subtle Turn, My Monday Trades, Dominant Omicron, Biden, Not Easy Being Green

A Subtle Turn, My Monday Trades, Dominant Omicron, Biden, Not Easy Being Green

The semis survived a series of individual tests on Monday, which might be worthy of finding a spot in the back of that mind of yours.

The New Regime of Volatility

Stock futures had a steady bid overnight -- and at 525 a.m. S&P futures were +30 and Nasdaq futures were +130. (This follows a +$5 improvement in from the afternoon lows by the close)   VIX is down by about two bits to approximately 22 this morning....

Spyders Crawl Up Amid Potholes and Minefields

Though the Spyders closed nearly $5/share above the afternoon lows -- the market landscape continues to be filled with potholes and minefields.   Our "Trade of the Week," General Motors managed to do some fighting late in the day. Thanks for reading...

Trade of the Week - Long General Motors

I have been cautious about General Motors' move to new highs recently.  The shares are now nearly -$12/share from its 2021 highs ($65.18) - trading at $53.78  My buy level was $55 from "Levels" and I just took a trading long rental.  GM is my "Trade...

General Motors Can Handle Driving Downhill for a Bit

General Motors Can Handle Driving Downhill for a Bit

Here's why this dip in GM doesn't disturb the longer-term trend.

JPMorgan's Climate Change Solutions ETF Runs a Little Too Hot for Me

JPMorgan's Climate Change Solutions ETF Runs a Little Too Hot for Me

This JPMorgan fund has a lot to like, but does it have a solution to climate change? It depends on how long you want to let the Earth simmer.

These Stocks Should Help You Build Back Your Portfolio Better

These Stocks Should Help You Build Back Your Portfolio Better

Many investors are licking their chops as they eye potential beneficiaries of the Build Back Better Act.

Uber Investors Shouldn't Ignore the Elephant in the Car

Uber Investors Shouldn't Ignore the Elephant in the Car

Wall Street is missing the big picture -- the uncertainty of ride-hailing's future.

MP Materials Is Poised for Further Gains as Electric Vehicle Demand Ramps Up

MP Materials Is Poised for Further Gains as Electric Vehicle Demand Ramps Up

We have two new price targets.