On the weekend I outlined a trade idea for General Motors Stock ahead of earnings.
General Motors releases its latest quarterly earnings on Wednesday Feb 3 before markets open.
Here is the trade done today in GM Stock as I prepare for the earnings announcement. This trade risks just $885 of capital making it another ideal trade for my portfolio especially considering the market conditions.
General Motors Stock Trade Alert Ahead Of Earnings – Feb 2 2016
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.