I’ve placed countless thousands of trades in my life, but oddly, I don’t think I’ve ever touched General Motors, one of the longest-lived common stocks in the world. I was drawn to it, however, by this analog:
![](https://slopeofhope.com/wp-content/uploads/2023/07/gm-640x867.png)
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I’ve placed countless thousands of trades in my life, but oddly, I don’t think I’ve ever touched General Motors, one of the longest-lived common stocks in the world. I was drawn to it, however, by this analog:
Besides Tesla, the other household name reporting earnings tonight is Netflix. Pay close attention to the gap I’ve highlighted below. An earning spike which fails to exceed that gap would be meaningful, since it has taken an exceptionally long time to try to seal that gap, and tonight might just do the trick.
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2023 remains the walled garden of equity bulls. The /ES futures basically park themselves for a few hours, barely moving at all, and then once the regular cash market opens, it’s off to the races.