GM stock posting higher highs since IPO

Ask any investor who believes in technical analysis. Stocks that breakout to the upside or to the downside need to be accompanied by high volume. GM has yet to exceed any of the post-IPO high volume days, even on the breakout of December 30. At best, the GM stock price on Jan. 3 made a new high, with volume of 32 million shares registering #4 on the volume hit parade.

2011 will be the year of Electric Avenue reality

For certain we will see the continuation of technical innovations like Ford’s EcoBoost engines that have the power of a V8 in a 6 cylinder, but the gas mileage of a 4 cylinder. Moreover, we will continue to see the mainstream deliveries of a plethora of plug-in hybrid vehicles, like Chevy Volts, Nissan Leafs and Fisker Karmas. Even the Toyota Prius will follow suit with its own version of a plug-in.