The Institutional View's Andrew Addison thinks its time for General Motors (GM) and Ford Motor (F) are "preparing to launch bull phase." He explains:

Shares of General Motors have fallen 0.6% to $31.52 at 12:28 p.m. today, while Ford Motor has ticked up 0.1% to $14.84, ConocoPhillips has plunged 4.2% to $47.42, and Novartis is off 0.7% at $102.46.

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