GE Reports

General Electric Q2 EPS rise 3% to 30 cents
General Electric Q2 profit rises 1% $3.13 billion
 General Electric Q2 revenue drops 4% to $35.12 bln
 General Electric Q2 oper. EPS off 5% to 36 cents
 General Electric FactSet EPS estimate was 35 cents
 
GE Reports 2Q'13 Operating EPS $0.36, Revenues $35.1B; Infrastructure orders +4%, U.S. orders +20%, record backlog of $223B; Industrial segment margins +50 basis points

We sold our SPY play which netted us a 600% gain and piled into GE calls for the earnings play...We nailed it :) Happy Friday all Shares up over $24