INVESTORS SHOULDN’T GET AHEAD OF THEMSELVES ON GENERAL ELECTRIC $GE $SPY
There is a good reason not to pay attention to General Electric earnings and analysts who cover the company.
Because if you did, you would have lost your shirt. To be fair, a couple of analysts have been, belatedly, correct.
Compare General Electric’s GE, chart with that of the Dow Jones Industrial Average DJIA, and the S&P 500 ETF SPY. The drastic underperformance of General Electric’s stock will surely jump out at you.
Let’s explore the chart.
Chart
Please click here for an annotated chart of General Electric. Please note the following:
• General Electric is showing the first green candle on the chart in a long time.… Please click here or the title below to read more.
April 20, 2018