Get started

Auto

Time to buy BMW? Day before ex-dividend dateBMW entered a bullish trend back in 13 May 2016, when it paid the dividend of 2016. Yesterday was at minimums of 2013 if we do not take into account Brexit effect on 2016. Today is the day before the ex-dividend date of 2019 and it offers a dividend yield of 5.12%. Nonetheless, it's worth reminding that BMW's 2018 Earnings where -16.9% YoY so in case you happen to buy shares today, do not hold them for long. A positive point for the auto sector is that Trump will delay tariffs on autos 6 months from now. Therefore, we might expierence some volatility with BMW stock and it could have a trend reversal right from today up to levels of 74-75€. So the final conclusion would be: Buy today, seize the dividend this month and sell in 5-6 months time depending on market news.
XETR:BMWLong
by alexinve
1
Class-Action lawsuit 'potentially' may make this sky-rocket.Lawsuit via BARNA, soon to be issued starting April 9th, claims that $CALI has 35x times the current assets NOT kept with the company. If the lawsuit wins there's a potential upside that $CALI goes to $102's / $103's per share. If there's a settlement, then say 50% of this, then $CALI is in $50's EITHER WAY, it's up. And from 2016 --> 2018, $PT goes up yet Market Cap goes down? Where did the money disappear to? This is why there's a class-action lawsuit happening.
NASDAQ:CALILong
by DKWAN
2
Ford, Mid to Long Term Bullish with Elliot WaveI just learned about Elliot Wave so I decided to try and apply it to Ford. See my immediate preceding two publications for a more in depth analysis of Ford. The very top resistance line I drew (the number 5 spot at the top of the wave) is based off a resistance from about a year ago--December 09, 2016 and January 04-05, 2017. I plan to wait for a bounce off the Number 4 spot ($12.40) before entering a new bullish position. Breaking through the Number 3 spot ($12.75/$12.80ish) will be confirmation to me of a continuing Bullish trend. I am not a professional. I am not certified or licensed by any individual or institution to give financial advice. I currently have shares of Ford for a long term hold investment.
NYSE:FLong
by AROD01
3
$XLF Is the Financial Pullback Something More? (includes video)U.S. financial stocks have been in pullback mode this week despite the SPX moving higher. Considering that financial stocks had been a big boost to market gains over the last several months, this could be concerning. The XLF is down about 3% - and regional banks KRE down 6% - since the recent top. Let's put this move into context, shall we? As MacroView as posted before, financial stocks really began to rally in early Sept just as the 10s/fed funds curve bottoms around 90 basis points. The correlation has been rather strong between .65 to .93. In our view, the curve and financials rallied on two things: markets were trying to price higher inflation (we saw this as the long-end steepened) vis-a-vie higher commodity prices. Then, markets were anticipating Pres. Trump nominating John Taylor as the next fed chair, who would be uber hawkish. We were happy to take the other side of that bet. Powell is dovish. In turn, we saw yields and copper, particularly, head lower. The 10s/fed funds rate topped out at 131 basis points and began to trade lower on the above events. Price action in XLF and KRE weakened and the pullback ensued. Click the here to listen to where support may be found and whether or not financials and the curve will rebound. Check us out on twitter @macro_view
AMEX:XLF
by MacroView_TrendFlex
Long Allison TransmissionAllison Transmission (ALSN) is one of the worlds largest transmission manufacturers. The company has recently developed a new transmission model that helps to improve fuel economy. The company is set to release its 3Q earnings Monday, Oct. 30 with a conference call on Tuesday, Oct. 31. US car production is coming off of its low back in 2009 and has increased to 3.02 million units in August from 2.62 million units in July. Still 3 million units below average but we are seeing an increase. Low interest rates are still making auto loans affordable. However, New passenger car registrations are down to 501.98 thousand from 502.59. This could mean that fewer are actually purchasing cars but the auto industry is expecting higher demand. The market is trending strong with good breadth, 88 percent of stocks are making new highs. The outlook for the auto industry looks good. If ALSN releases better than expected earnings, expect to see a move up. The stock currently trades at 36.94, down 8% from its 52-week high. We saw a recent bounce off of the $36 support line. RSI is in a bearish range and the current move is supported by average volume. I'm long in anticipation of a good earnings release and a good Q4 period.
NYSE:ALSNLong
by Brandon50115
The Big Short | Putting Economic Data to the TestHello Traders, I have been fiddling with the idea of applying the same model used to predict Financial Markets to Economic Data.This is my first attempt at applying the model to such data publicly. Consider this post an experiment. Taking into consideration some fundamentals (and a little bit of rationalizing); Since the auto industry bail outs of 2008-2009 interest rates have been at a record lows(0%). Car sales reacted accordingly making a full recovery into pre 2008 levels. Now that QE and 0% interest is over (interest rates are likely to rise in the next few years), there is a bit of stagnation in the car industry as a whole. Once attractive lease offers and 0% financing is off the table a decline in sales should occur. Overall, when interest rates are high people buy less as a whole. Questionable Lending Practices: The use of Sub Prime loans in the auto industry and selling those loans as bonds has an all too familiar ring to it. Granted, it is not as rampant as it was in the mortgage industry, but the same practices of junk loans being sold as junk bonds is occurring. One does not need to be a prophet to know what the end result of that is. Take a look at this satirical piece by John Oliver for more detail: www.youtube.com Self Driving Cars: It is imminent, self driving cars are the future and can reach the everyday consumer as soon as 2020. www.nissanusa.com Why is this important? The idea of self driving cars also brings up the idea of not having to own a car to get around in one. Cars being able to move around without a driver + (UBER + Car Manufacturer Collaboration) = Less consumers having to own cars to get around in one. www.wired.com The Model: The most important aspect here is the model. Time and time again it has proven to predict and forecast financial markets with pin point precision. Here, the model points to 5.26 as the highest probability target. So...what does this all mean? If the model is successful in predicting the outcome of auto sales, it means that there will be a massive decline in auto sales. It also means that there is a great recession looming over us like a dark cloud. The ideas discussed in this thread are purely conversation topics that help "aid" the rationale behind the targets defined by the model. I do not consider myself an economist, nor do I think I have the full range of ideas listed in this thread. If you feel like you have a different outlook or if I missed something please feel free to discuss it in the comment section(with sources to back up your view). Best, Chartistry
FRED:ALTSALESShort
by GWaves
2