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Strategies & Market Trends : stocks for medium & long-term hold durations -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (367)1/16/2023 10:26:30 AM
From: rimshot2 Recommendations

Recommended By
ajtj99
Lou Weed

  Read Replies (2) | Respond to of 426
 
The time to buy Detroit auto stocks may be coming, but as
@StephenWilmot
explains, it's probably not right now -

t.co

excerpt -

The peak in the Manheim index at the beginning of 2022 coincided with the peak
in GM stock as investors started to anticipate the unwinding
of the pricing bonanza.
Detroit profits remained relatively robust last year as manufacturers and dealers
clung on to their newfound negotiating leverage, supported by weaker-than-expected production,
but signs of slippage are now emerging.

WSJ article behind the paywall ... I currently pay $42/month for the online subscription following
the $4 per month free trial which started in late 2021