Diamonds and Dogs
GE (GE) finally had an up day thanks to analyst comments. The Dog in the Dow down over 40% year to date finally had an up day rising half a percent in a down market. The analyst at Tigress Financial Partners' Ivan Feinseth maintains a Neutral rating, but also said he believes a bottom is in for the stock and sees little downside from current levels. In an awful year, that sounds like great news to GE shareholders.
Apple (AAPL) drops a percent after apologizing for poor battery life in the iphone 6 and iphone7 phones. Apple will cut the new battery price from $79 to $29, but the good news for Apple shareholders is most customers will simply upgrade to the new iphone X which costs $1000, setting up for a great 2018 for Apple.
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