Shares of General Electric Co. GE, -3.38% dropped 2.1% in midday trading Tuesday, which puts them on track suffering an 8th-straight decline, after J.P. Morgan analyst Stephen Tusa said there were several items in the industrial conglomerate's 2019 annual report "worth calling out." The stock has tumbled 11.7% during the current 8-day losing streak, which would be the longest such stretch since the 9-day streak ending April 15, 2019. Among Tusa's talking points about GE's 10-K filing with the Securities and Exchange Commission after Monday's close, he said the headcount is basically unchanged from 2018, which raises questions about how the cost structure is supposed to improve. He said the results indicate that the $1.4 billion headwind from the issues with Boeing Co.'s BA, -2.98% 737 MAX wasn't the entire story for GE's aviation business after all, and that the entire free-cash-flow beat for 2019 was a result of restructuring and what he views as "unsustainable progress payment benefits." In addition, Tusa said the activity between GE and GE Capital Services "continues to show somewhat of a 'recycle' of capital there," with a "couple billion dollars" of cash positive transactions for GE Industrial. GE's stock has edged up 0.3% over the past three months, while the SPDR Industrial Select Sector ETF XLI, -2.35% has lost 2.8% and the S&P 500 SPX, -1.50% has gained 2.0%.