GE Aerospace (GE)

[Nebuchadnezzar]

GE needs to start worrying about that DXY!!! 96.50 and probably going above 100 again. strong dollar is great but it can hurt earnings especially conglomerates like GE. DXY is also rising bc Turkish Lira has been getting absolutely crushed. don't fk with TRUMP!

tax reform, stock buybacks, years of QE and low interest rates are the only reason stock market is near record highs, it cannot last forever.

interest rates on the rise
dollar is weak no more (during Obama, dollar hit 70's and 80's and economy was boosted by artificially low rates and $26-$50 oil

housing is starting to show weaknesses
and the labor market cannot stay robust forever.

GE will make a new 52 week low soon you know what they say above picking bottoms... ;) but that's how I make a killing. GE still has potential to be a single digit stock.