General Electric (GE - Get Report) ($21.13) is expected to earn 43 cents per share on Jan. 18, and has been downgraded to hold from buy this morning. GE set a multi-year high at $23.18 on Oct 5. The daily and weekly charts are neutral with the stock above the five-week MMA at $21.11. My semiannual value level is $19.17 with an annual pivot at $21.09 with monthly risky level at $22.26.Honeywell (HON - Get Report) ($66.36) is expected to earn $1.08 per share on Jan. 25. HON set a multi-year high at $66.80 on Monday. The daily chart is overbought with a positive weekly chart and the five-week MMA at $63.57. My quarterly value level is $62.65 with an annual pivot at $64.71 and semiannual risky level at $69.27.
7 Conglomerates to Trade in Earnings Season
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