By Scott Rubin
The Detroit auto-show is currently open to the press and will be open to the public from January 15th through January 23rd.
Most all of the auto-related names were moving higher during Monday's trading session, and the auto-show may prove to be a significant catalyst for these stocks.
In the coming weeks, traders will want to keep these stocks on their radar screen as Monday's move may be a precursor of further gains.
The commentary coming out of the auto show should impact names across the supply chain and there are a number of stocks that could see substantial price volatility.
In addition to Ford and GM, keep an eye on Tesla (NASDAQ:TSLA), BorgWarner (NYSE:BWA), and Johnson Controls (NYSE:JCI). Here is a look at how all of these names performed during Monday's trading session.
F +1.04% to $18.46
GM -0.92% to $38.62
TSLA +0.92% to $28.50
BWA +1.92% to $71.31
JCI +0.89% to $40.72
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.