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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

12/29/17

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.

 

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.