GE's problem can be summarized in one sentence: The company is burning cash.
A styrene leak allegedly killed a dozen people near a major port in India, yet the shares of the chemical plant's owner barely budged in response.
I would be in no rush to become a buyer.
This experiment in trying to identify stocks that could come back after dismal year-ago performance isn't going well five months since its inception.
What parameters do we need for holding GE for a year or more?
Let's review the charts and indicators once again.
Hexcel, which makes industrial materials and composites for jets and other equipment, is now too cheep to ignore.
CAT is set to report quarterly earnings Tuesday.
The 2020 Double Net Value Portfolio is outperforming a couple Russell value indices, but those aren't doing well.
Let's check the charts for clues.