General Electric Co. (GE) is the 'Stock of the Day' at Real Money. This morning the company reported their Q4 numbers. Financial analysts have noted that GE's adjusted Q4 EPS of $0.21 is up 50% from the same period in 2018, beating earnings expectations by $0.03. Some analysts pointed out that the free cash flow totaled $2.3 billion in 2019, topping the company's guidance of $0 to $2 billion. GE is trading about 10% higher in early market trading, so let's see how that may influence the charts.
More from Investing
We've got other business to take stock of: Breadth, sentiment, new highs, and, don't tell the talking heads on TV, gold.
Investors are looking past the surge in cases and are embracing retailers, airlines and oil.
I expect sports fans to return in full force next year, and that makes MANU a great play.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.