In Thursday’s Blitz Daily with Lance Ippolito, we take another look at automaker General Motors after a string of positive headlines.
We saw a huge buy this past week in GM calls that resulted in a fantastic win for Weekly Blitz Alerts and the bulls just can’t get enough.
There was another big call buy on Tuesday… and the bulls are back for another helping Thursday!
Shares of the Detroit icon saw a nice 5% run up to start the week thanks in part to positive news surrounding its upcoming line of luxury Cadillac EVs along with its driverless taxi service, Cruise, taking its first public fares in San Francisco.
With the stock down 0.5%, bullish institutional buyers pounced on the dip in volatility!
Of course, that wasn’t the only ticker hitting the scanner. I have four more top trades from Thursday’s tape…
Did you miss this week’s WealthPress Live Roundtable? Catch the replay video below…
And be sure to join WealthPress Senior Strategist Roger Scott, Joy of the Trade’s Jeff Zananiri and me each Wednesday at 11:30 a.m. EDT for the WealthPress Live Roundtable, where we’ll discuss the biggest topics on Wall Street.
In this week’s roundtable, we covered:
Recent monster trade wins and why they worked in the current environment — and why there are more opportunities to come!
Why I’m so bullish and which stocks I’m avoiding right now.
Roger is also quite bullish, and there’s one index in particular he’s watching closest that should lead the way higher.
More current opportunities — and stocks to avoid… like travel stocks.
The brutal ongoing crypto sell-off, which has seen Bitcoin halved in three months.
And more!
Be sure and tune in every Wednesday at 11:30 a.m. EDT for the WealthPress LIVE Roundtable!
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Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
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