Ford and GM to Pluto $$

This is the one. Ford, GM, and Stellantis have all been going through strikes recently. The Big Three.

Let’s focus on Ford and GM. Both are very close to their 52-week lows. The market is in shambles. All you hear today is interest rates, that’s a whole different conversation. It seems every other day different news is coming out about the state of our economy. Some say we are in a recession. Others think the worst is yet to come. And people think the best is yet to come as in we are about to make a turnaround at the end of 2023 and the beginning of 2024.

IT MAKES NO SENSE. All I see are two stocks that are American staples as in they will not fail. Both are going through strikes. Both are nearing 52-week lows. The economy sucks plan and simple. I can only see up from here.

To add onto all this War is coming. I will elaborate on my thoughts in a different post. Just know this America wants War. During WW2 Ford and GM both switched to support America. Defense contracts do not skimp.

I am looking to make an entrance in the next coming weeks. Let’s ride this.