Two Ways To Play: General Electric Blows a Fuse
Earnings Short Circuit Earnings are out for market bellwether General Electric (GE). According to Briefing.com fourth-quarter profits fell nearly 44% to $0.37 a share.Revenues meanwhile  increased nearly 5% year-over-year to $46.21 billion - still below analyst expectations. The company reaffirmed its commitment to an AAA credit rating and reiterated that it won't make changes to its $1.24 dividend.From the Bull Pen: Instead of General Electric bulls can look to the Gold ETF (GLD) solidly recapturing its 200 DMA. Near-term sell stops can be set 2 points from entry. From the Bear Cave: Consider a play in the solar space namely First Solar ...
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