Trump
General Electric Stock Analysis + Ready for recovery !📌 General Electric Stock Analysis. For Financials Analysis Sheet kindly message us through Trading View.
📍 Stock info
Market Cap 54.62B
Revenue (ttm) 77.37B
Net Income (ttm) -4.48B
Shares Out 8.75B
EPS (ttm) -0.58
PE Ratio n/a
Forward PE 16.00
Dividend $0.04
Dividend Yield 0.64%
📍 Stock Quote
Trading Day Oct 2, 2020
Last Price $6.24
Previous Close $6.23
Change ($) 0.01
Change (%) 0.16%
Day's Open 6.28
Day's Range 6.11 - 6.29
Day's Volume 96,781,556
52-Week Range 5.48 - 13.26
📍 Market Cap 54.62B
Enterprise Value 95.07B
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date Sep 25, 2020
Shares Outstanding 8.75B
Float 8.70B
EPS (basic) -0.58
EPS (diluted) -0.58
FCF / Share 0.69
📍 Dividend $0.04
Dividend Yield 0.64%
Earnings Yield n/a
FCF Yield 10.97%
Payout Ratio n/a
Shares Short 103.57M
Short Ratio 1.28
Short % of Float 1.19%
Beta 0.92
📍 PE Ratio n/a
Forward PE 16.00
P/FCF Ratio 9.11
PS Ratio 0.71
PB Ratio 1.58
Revenue 77.37B
Operating Income 819.00M
Net Income -4.48B
Free Cash Flow 5.99B
📍 Description
General Electric Company operates as a high-tech industrial company in the United States, Europe, Asia, the Americas, the Middle East, and Africa. It operates through Power, Renewable Energy, Aviation, Healthcare, and Capital segments. The Power segment offers technologies, solutions, and services related to energy production, including gas and steam turbines, generators, and power generation services. The Renewable Energy segment provides wind turbine platforms, and hardware and software; offshore wind turbines; solutions, products, and services to hydropower industry; blades for onshore and offshore wind turbines; and high voltage equipment. The Aviation segment provides jet engines and turboprops for commercial and military airframes; maintenance, component repair, and overhaul services, as well as replacement parts; integrated digital components; and additive machines and materials, and engineering services. The Healthcare segment provides healthcare technologies in medical imaging, digital solutions, patient monitoring, and diagnostics; drug discovery; biopharmaceutical manufacturing technologies; and performance enhancement solutions to hospitals, medical facilities, pharmaceutical and biotechnology companies, and life science research markets. The Capital segment leases and finances aircraft, aircraft engines, and helicopters; provides financial and underwriting solutions; and manages its run-off insurance operations which provides life and health insurance and reinsurance products. The company was founded in 1892 and is headquartered in Boston, Massachusetts.
💡 Is GE a good idea after all?
With its focus on renewable energy and its decision to stop catering to the shrinking coal industry -- in addition to its stronger financial position -- it's understandable why investors have grown so interested in GE's stock lately. For investors with a higher tolerance for risk and a willingness to weather near-term volatility, GE seems worth considering to Hold for better returns an portfolio Building.
Thank You.
OPEC+ Boosts output put Oil prices downCrude oil plunged below 40$ on opec output news, Daily chart suggesting more weakness ahead till 35.50 levels with a mild support at 36.55 (sept 8th low) Upside resistance lies at 38.80 or 136ma. Almost all timeframes RSI trading at over sold regions giving some caution for fresh sells. Who ever sold at highs can take profit here and wait for the slight rebound till 38 level and take fresh sell for downside said level. Overall sell on rise is advised.
GBPJPY faded positive signs below 135.90A per yesterday outlook it fell to the channel support and gave a breakout at 135.90 and currently trading below that which becomes resistance now. Curently h4 trading with mild bearish bias with upside restricting channel resistance at 135.90 for the downside target 134.20-30 level wit a support at ma50 or 134.98. One can wait for the rise till 135.90 and can sell from there for the said target. Bearish bias will invalidates when prices breaks upside above 137.60 or 200ma. Overall sell on rise is advised for the day.
Gold glittering on positive stimulus hopes...new month new levelGold prices Gold declined after a back-to-back advance as the first American presidential debate disappointed the market by giving no clarity regarding their policies and stances. If USD is to weaken as the stimulus package accord seems far away, gold could make its way back. Technically holding above 1880 and close abv 1889 could rise again to test immediate resistance at 1900 and 1905. Buying on dips is suggested.
$UONE Net Income of $6,591,000 in 2018 Float 1 Mil O/S 1.5 Mil$UONE Is not only highly undervalued it is operating in a pivotal time in human history. The company recently moved from $2 to $54 within a week timeframe, and I believe a similar move could be quickly coming potentially breaking 52 Week Highs as the election draws near.
With several cultural catalysts on the horizon Ad revenue for the company should spike heavily this year and in addition to the fins showing that increase, there is also Trump's $500,000,000,000 Platinum Plan, the details of which we will be finding more about this and next week and into the next two debates.
Trump will expand upon it due to the disaster of the first debate and ensure the Black vote is completely won. The plan itself has already been written up and sent to the White House for review from the latest sources on it.
However this alone isn't the only catalysts, during the riots, and unrest the stock saw a dramatic increase as well as the media reported on it. Any kind of media related event will spike the stock IMO.
In conclusion the stock in general has seen a slow and steady rise since consolidating from the last run, and the technicals show it is ripe for a second major run into the end of year.
Downside pressure for Dollar still intactWe are seeing a mid-probability bearish scenario as the price is going to retest 1st resistance at 94.15. Price could retest and reverse from there and could drop towards support at 93.81 and 93.50 where the horizontal overlap support is . EMA still indicates bearishness for price.
All eyes on the DOWToday I'm talking about the DOW cause there is a strong correlation between Bitcoin and the Global Markets atm. The DOW has made significant gains after a brutal last week, yet are we out of the woods?
News
-Presidential debates will take over the market until after the election
TA
Now Lets start of simple and wanted to say I wanted to show the 5min time frame but trading view said no, so I'll try to do my best to describe what I see even though with the high volatility that is about to happen the 5min time frame is what investors should be watching up too the election.
-As of now the Dow has created a lower high after breaking out of our brutal downtrend, yet BTC took hits but is ultimately going sideways with higher swings of volatility depending ona .02% in the DOW. At the same time the DOW is creating lower highs which will result in more selling pressure going into the election.
-You can see some blue circles, these repest similarties in past and present price action. This could result with a 200+ point move in the DOW, with give a 500+ point correction hitting a PT of 27696 roughly high and a 27138 low, with more movement lower next week
-MACD is trending up looking for more bullish price action.
-RSI is overbought showing the market could be nearing its end of a short term bull run
Final Thoughts
Best play is to take profit when you are in the green and don't be greedy. A recovery during heated debates could cause damage on short term trading accounts or looking for quick gains. Also quick note alot of rumors are going around that Oil will dump pretty soon and will happen before the market dumps, so watch for futures in Oil.
Sterling shows bullish tone on tuesday,is it fading again?Sterling held onto a moderately bullish tone Tuesday, recording a fourth consecutive daily gain. From a technical standpoint, H4 recently knocked on the door of 1.29, a level that’s withstood two upside attempts this week. In spite of this, sellers offer a non-committal tone at the moment.
As having said, 1.29 is proving a problematic hurdle to overpower on the H4 right now, despite the higher timeframe supports in sight. Yet, given the lacklustre show from sellers here, a 1.29 breach is still potentially in store. Above 1.29, the river north on the higher timeframes appears ripple free until daily resistance at 1.3017, which happens to merge with the key figure 1.30 and H4 resistance at 1.3009.Dip-buying at any retest seen at 1.28 remains a possible scenario (should intraday sellers strengthen their grip).Another setup worth keeping a tab on is a H4 close above 1.29, signalling bullish scenarios in favour of reaching the 1.30 range. Irrespective of the support used, conservative traders are likely to seek at least additional H4 candlestick confirmation before committing.