Recent Market and Stock Performance

Wall Street jumps on GE data
General Electric delivered a shot of confidence to US investors when it raised its dividend, pushing the S&P 500 through the key 1,100 level.
The Dow Jones industrial average gained 102.32 points, or 0.99 percent, to 10,424.62. The Standard & Poor's 500 Index rose 8.99 points, or 0.82 percent, to 1,102.66. The Nasdaq Composite Index added 23.58 points, or 1.05 percent, to 2,269.47.

Crash In Hindsight: General Electric Currently 4.70% Above its May 6th Crash Low of $15.00 (GE)
General Electric (NYSE:GE) is currently trading 4.70% above its May 6th low of $15.00. Investors are looking to see if this 'flash crash' low can act as support signaling the stock has completed a bottoming process.
In the past 52-weeks, shares of General Electric have traded between a low of $11.25 and a high of $19.7 and are now at $15.71, which is 39.60% above that low price.
SmarTrend is bearish on shares of General Electric and our subscribers were alerted to Sell on May 06, 2010 at $16.58. The stock has fallen 5.2% since the alert was issued.