Chart of the Day - Tuesday, September 16, 2025
September 16, 2025
- GE Aerospace ($GE) gapped above its dot-com bubble peak today, notching its first all-time high in 25 years. This is a textbook breakaway gap, which is the most bullish possible way for the price to break out.
- $GE peaked in September 2000, around $290 per share. It was the largest stock in the S&P 500 at the time, and its market cap was around $600 billion. The Health Care unit ($GEHC) was spun off in 2023, and the Energy unit in 2024 ($GEV).
- This was the last original Dow component before being replaced by Walgreens ($WBA) in June 2018. It's outpaced $WBA by 3x since being replaced, surging more than +400%. After more than two decades, this former leader is finally poised for a new leg higher if it holds above $290.
The Takeaway: $GE printed its first all-time high in a quarter century today, gapping above the dot-com bubble peak of $290. If it continues to hold, this former leader could make a meaningful leg higher in the coming months.