Scott Bauer Talks Impact Of Chip Shortages On Ford And General Motors

Ford: F, General Motors: GM, auto makers are seeing significant headwinds due to the chip shortage, explains Scott Bauer. He thinks the chip shortage will last well into the third or forth quarter of this year. He says the chart of General Motors is hovering around a major support level heading into the earnings next week. He would sell a put options spread on GM. Nio Inc.: NIO, he weighs in the chart of Nio. Uber Technologies: UBER, Lyft Inc.: LYFT, Scott is a buyer on the dips.

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30 Apr 2021

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Scott Bauer Talks Impact Of Chip Shortages On Ford And General Motors

Ford: F, General Motors: GM, auto makers are seeing significant headwinds due to the chip shortage, explains Scott Bauer. He thinks the chip shortage will last well into the third or forth quarter of this year. He says the chart of General Motors is hovering around a major support level heading into the earnings next week. He would sell a put options spread on GM. Nio Inc.: NIO, he weighs in the chart of Nio. Uber Technologies: UBER, Lyft Inc.: LYFT, Scott is a buyer on the dips.

MID-DAY Movers

30 Apr 2021

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

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