Wednesday is a big day for the automobile stocks. Leading car makers like General Motors (NYSE:GM), Ford Motor (NYSE:F) and Fiat Chrysler (NYSE:FCAU) are all scheduled to report earnings.
Watch This GM Price Point
General Motors is going to be on my radar if the stock declines. Traders should watch $35 if GM falls sharply after the announcement. This level is where the stock was defended in March 2018 and should be excellent support if retested.