General Electric Vs. Walgreen Outlooks: Why Replaced In The Dow Jones Index?

6/22/18

And in this corner, weighing a lot less than he used to. . .

But is he, can he be put, in fighting trim to contest once again?

Figure 1

The recent 6 months daily appraisals for General Electric (NYSE:GE) are shown in vertical lines of price ranges evidenced by market-makers [MMs] hedging their firm capital. Capital involvements needed to facilitate completion of block trade orders by big-money institutional clients. The resulting forecasts do not have a real encouraging trend.

Worse yet, it takes bravery to look at the past two months' unsustained reversal of trend as being different from that of October-December of 2017, shown in Figure 2's picture of the same kind of Figure 1 forecasts, only shown once a week over the past two years.

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