No stock that trades between 32 and 37 is dead money. The market's amnesia is already starting. I like GE, CVX, AAPL. CVX a bit too high (up 2 bucks after hours), it's usually cheaper than XOM. AAPL is in the middle of it's range, and great, but risky. If Job's dies, AAPL crashes. If Immelt dies, GE goes up. Sorry Jeff..... you probably earned the negative comment.
lol, GE is lazy money. No brainer. If you cannot make money on GE then you should not be trading. Especially with recent events. Intel as well, I did not feel like trading today so I just put in a buy limit 22.19, sell limit 22.28 and scalped an easy no brainer 902 dollars. Without putting any effort other than watching the tape for a few minutes.
Many of our traders trade GE daily, relativley safe (won't gap up or down a few bucks), follows the market....I trade it pretty much daily. Many make good money just trading it every year. Don
I'll probably dump the othe half if it trends too far below 33. Seems like it had good relative strength Friday. This dead money stll has the potential to reach the mid 30's