26Jan1:38 pmEST

Would it Kill You to Buy American?

With earnings out of the way this morning, the chart of Ford looks even more vulnerable to lower prices after having lagged GM for quite some time.

We know that Tesla Motors has been on a year of late, as has Fiat Chrysler (FCAU). So the underperformance in Ford has become all the more pronounced, with its post-election rally now unwinding. GM earnings are coming up in a few weeks, as Tesla's, which should shed light on those firms' next moves. 

However, on a standalone basis Ford is look better a short setup, especially if the broad market consolidates or comes in a bit, as is the case so far in today's session. 

Indeed, consumers are buying American--It's just that they seem to be choosing the likes of GM over Ford. 

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