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What Year Is It? Part 3 (GE)

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SEPT 19, 2023
 
   
SCOTT WELSH’S TICKER TALES
Another Retro-Rewind Stock
 

From the late 1980s to the early 2000s, GE was the cat’s meow. 
 
 

Everyone had heard of it. Its products were everywhere. CEO Jack Welch was one of the richest and most famous businessmen in the world.

And its stock was a superstar.

Then Jack Welch’s genius turned sour and the company got bloated.

And GE faded into obscurity forever.

 
 

What’s that? GE is still a company??

Who knew?

Yes, GE is still a company, but it’s completely divorced from its household ubiquity and Welch’s “maximize shareholder wealth” zealotry.

Now it’s a lean, mean, profit-making machine. Its Earnings Per Share numbers are soaring, and so has its stock recently:

 
 

Currently, GE is consolidating in a sideways channel. 

If it breaks above $118, this new old stock could make a big run.

We’ll keep an eye on it. 

— Scott Welsh
P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45.
MICAH LAMAR
Apple's Unwavering Commitment to Privacy: A Beacon in the Tech World
 

In an era where personal data has become the new currency, Apple stands as a beacon of hope.

Unlike many tech giants that view users as mere data mines, Apple's unwavering commitment to user privacy ensures that personal information remains just that — personal.

From its inception, Apple has been driven by a vision of creating products that empower the individual. This ethos extends to the data those products generate, with Apple firmly believing that your information belongs to you and you alone. 

This dedication isn't a recent development; it's a core principle that has guided the company's actions and innovations over the years.

Contrast this with the broader tech landscape, where companies often make headlines for data breaches or questionable data-sharing practices.

Apple's approach is refreshingly different. Features like end-to-end encryption in iMessage and anonymized Siri requests ensure that user data remains secure and private.

Some might argue that this privacy-first approach could hinder Apple's financial growth, especially when compared to companies that monetize user data. 

But Apple's consistent revenue growth and market leadership tell a different story. By prioritizing user trust, Apple has fostered a loyal customer base willing to invest in its ecosystem.

As we look to the future, the crossroads where tech and privacy meet becomes even more critical. Innovations like AR/VR are on the horizon, and the amount of personal data at stake is unprecedented.

Apple's commitment to privacy not only positions it as a leader today but sets a standard for the future of the entire tech industry.

But Apple's journey isn't just about products and principles. There's another dimension worth exploring: its stock.

Over the past decade, I've delved deep into Apple's stock patterns and discovered a set of unique "profit cycles” the stock goes through.

By aligning these cycles with a strategic income approach, I've managed to amplify typical income play returns by 10 times!

If you're intrigued by Apple's potential and want to explore an innovative strategy tailored for this blockbuster stock, join me LIVE this Thursday at 4 pm Eastern.

I'll be unveiling the secrets of the "Perfect Income Trade" strategy.

Click here to reserve your spot now!

— Micah Lamar
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