General Electric awakes again with a nice upward candle on big volume, it seems that QE2 could help N.American markets.
Weak Us.$ could make that great exporters like GE have some competitive advantage in global markets. Outsourcing is a great plague in Usa; with a weak Us.$ "made in Usa" gods start to being more competitive abroad, so it´s a big bet to improve job destruction.
GE it´s a well diversified company, like a good Swiss knife; nice dividend and good financial, time to get into this undervalued company.
Have a nice day...
Disclosure: long GE