GE Capital – Hedgopia

14 Apr 2015

Spring in financials’ step as they prepare to report 1Q

by hedgopia | posted in: Credit, Equities, Technicals | 0

Despite a down day in stocks in general, financials had a lot of oomph yesterday. KBE continues to hug the upper end of the one-plus-year range it is in (Chart 1), as if the ETF wants to break through resistance. … Continued

13 Apr 2015

Buyback-induced breakouts — signal or noise?

by hedgopia | posted in: Economy, Equities, Technicals | 0

GE stages massive breakout Friday on back of massive buyback announcement S&P 500 companies splurged $565 billion on share repurchases in 2014 As/when buybacks dry up, support zones become more vulnerable Before last week, GE shares had been on a … Continued