Automobile Envy

 | Oct 20, 2016 12:54PM ET

A few weeks ago, I pointed out how any symbol with the word “automobile” in it was shortable (as well as the biggies like General Motors (NYSE:GM) and Ford (NYSE:F) -- essentially, anything to do with cars. This bearishness on a particular sector is finally starting to work out. Here are a few examples from today’s trading action.h3 Asbury Automotive Group (NYSE:ABG)/h3