GE

By Steve Abraham on Mar 20, 2008

General Electric has been performing very well as of late. The stock has broken out of a pretty severe downtrend. GE went down with the rest of the market despite exiting the subprime business before it went belly up. The last quarter earnings were excellent and the stock traded up toward $42 a share before the bear market. GE gets the nod in my opinion because of its excellent management team. Today, the stock traded over 102 million shares, the most in one day in well over 2 years. I think the big boys are getting back into GE, maybe you should to?

This entry was posted on Thursday, March 20th, 2008 at 4:13 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.

3 Responses to “GE”

By ronald_lulu on March 27th, 2008 at 11:50 am

Hi, now days there are lots of websites are offering financial news and help, I know one among of them called easystockalerts.com. It allows you to get the news before it even appears on the web. It’s like having a Bloomberg terminal at your desk, but only better! No spam, just very useful, actionable investment ideas.

By dominick on March 28th, 2008 at 11:43 am

By WallStreetTrader on June 26th, 2008 at 9:57 pm

GE is now heavily being sold off in a well established downtrend. There’s a pretty big support level coming up around the $25 level so one would expect a bounce.

Actually have a look at http://www.sharesmadeeasy.com – a free trader’s blog that highlights entry signals into strong stocks in uptrends.

darvastrader