Dow Jones Industrial Average and the Barron’s Gold Mining Index

Dow Jones Industrial Average and the Barron’s Gold Mining Index

Dow Jones Industrial Average and the Barron’s Gold Mining Index $DIA, $GLD A 98 Year Examination Looking at the market at the close last week, apparently the “policy makers” have once again gotten a handle on the financial markets. In the Dow Jones BEV chart below it did correct 10%; but only for one day, […]

Doubt Cast on Tesla’s (NASDAQ:TSLA) Production Capabilities

Doubt Cast on Tesla’s (NASDAQ:TSLA) Production Capabilities

Doubt Cast on Tesla’s (NASDAQ:TSLA) Production Capabilities $TSLA, $AXL, $F, $GM, $MGA, $DLPH, $BWA, $RACE The world’s top auto-parts suppliers do not buy the enthusiasm about the EV hyped by Tesla’s (NASDAQ:TSLA) hypemeister CEO Elon Musk. Executives at 5 of the 25 biggest suppliers to automakers in North America have all downplayed this month expectations […]

US Automakers Outsell June Estimates, End Anemic 1-H

US Automakers Outsell June Estimates, End Anemic 1-H

US Automakers Outsell June Estimates, End Anemic 1-H $F, $GM, $FCAU, $TM, $HMC, $VLKAY Demand for light trucks gave FoMoCo (NYSE:F). and top Japanese automakers better sales than analysts had estimated for June following a 5-month streak of industry declines. Toyota Motor Corp.’s (NYSE:TM) deliveries rose 2.1% June, while Honda Motor Co (NYSE:HMC) sales rose […]