Morning Notes- GE shares rise, earnings beat expectations!

Gary Kwapik

Morning Notes- GE shares rise, earnings beat expectations!

By Gary Kwapik — Author

Hello Everyone,

General Electric Co. industrial segments jumped 9% in the last quarter as the company posted higher orders in all divisions. Earnings just topped the markets expectations pushing the stock up 2% in the premarket.

Check out the char below of the Dow Jones 30 to see a nice hammer reversal pattern on high volume, note the squeeze in the two indicators below it suggesting a nice bounce could be in the cards.

Posted to Stock & Option Scout on Oct 17, 2014 — 7:10 AM

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