Caterpillar Inc. (CAT)

134.09
0.88 0.65
NYSE
Prev Close 134.97
Open 134.52
Day Low/High 133.69 / 135.21
52 Wk Low/High 87.50 / 150.55
Volume 800.08K
Exchange NYSE
Shares Outstanding 541.24B
Market Cap 71.18B
P/E Ratio 13.73
Div & Yield N.A. (N.A)

Housekeeping Items

Over the last hour I decided to cover all of my individual short equity positions, with the exception of a very small position in Apple (as I want to be continually reminded of what an idiot I was!) and a medium-sized short position in Caterpillar ....

Grotesque GDP, So Much for Rotation, Amazon Goes Wild: Market Recon

Grotesque GDP, So Much for Rotation, Amazon Goes Wild: Market Recon

Plus, it could be quite a while before the labor market can absorb all those people who are out of jobs.

Caterpillar Is Still Pointed Higher Ahead of Earnings

Caterpillar Is Still Pointed Higher Ahead of Earnings

Let's check the charts ahead of earnings on Friday.

Caterpillar Is Breaking Out of Its Cocoon

Caterpillar Is Breaking Out of Its Cocoon

As CAT cracks open to the upside, its new-found strength could invigorate the Dow Industrials.

Jim Cramer: Here's My Sore Thumb Index

Jim Cramer: Here's My Sore Thumb Index

This is how you can tell which camp is winning and which is losing in this time of Covid-contradiction.

My Prayers Were Answered...

* At least for an afternoon! Some takeaways on the day:  Equities peaked at around 11:30 a.m. and started a steady retreat that intensified late in the day. Market breadth was 3-1 negative. The S&P 500 fell by nearly 40 handles from the day's high. ...

Offering on the Short Side

I am offering some more Disney and Caterpillar on the short side now.

Today's Trades

This morning I moved from small net long to between small and medium net short in exposure: * I have covered my short calls. * I have moved my long to large. * I have initiated an short. * I have added to my individual stock shorts: 1. Added to and ...

I Remain Net Long in Exposure

* But looking to get back short given my numerous concerns With my current book including bank and packaged foods longs and short a basket of speculative "worthless" stocks, short and and long very small -- I am still in a small net long exposure to...

The Long and the Short of It

* After "playing" the rally off of the March lows (with plenty of longs) I have recently (again) gotten net short of exposure To summarize some my recent activity: * I took off numerous investment longs (for profits) into the rally -- including , , ...

Raising Short Exposure

I moved to large short in both Apple and Caterpillar .

More CAT

I am trying to add to my Caterpillar short now. CAT is my Trade of the Week (short).

Jim Cramer: Here's Who Would Bulk Up From a Big Infrastructure Bill

Jim Cramer: Here's Who Would Bulk Up From a Big Infrastructure Bill

If a trillion dollar package were to happen, here are the companies -- and communities -- who would benefit most.

15 Stocks That Will Support the Coming Infrastructure Buildout

15 Stocks That Will Support the Coming Infrastructure Buildout

We are talking about a finessed, intelligent approach to what we see happening in real time.

Trade of the Week (Short CAT) at $132

* CAT is still a DOG In pre-market, had risen by +$9 on the infrastructure announcement. I suspect the prospects for such a project is low now - in the face of a November election. Here is my short thesis on CAT. Stated simply, the construction comp...

Current Positioning

My current gross and net exposure is light. On the long side, I own four money center banks and three packaged foods stocks. On the short side, I remain short and , and have very small short positions in and . In addition, I am short a basket of abo...

Caterpillar Cut to Market Perform at BMO

Wednesday's Takeaways

Something feels "wrong" about this market.  Mr. Market is remarkably bifurcated, there is insane speculation in worthless securities and the breadth seems "shaky" -- among many other issues. I ended the day much shorter than I started the day. Jay P...

My Book Is Down Considerably in Both Gross and Net Terms

I am now essentially down to four large long positions in banks and three packaged foods positions. Against this I have a large short and medium-sized short. In terms of individual equity shorts I remain short Apple and Caterpillar . I am liquid.  

Is CAT Finally Getting out of the Dog House?

Is CAT Finally Getting out of the Dog House?

Caterpillar's charts have improved enough to ask the question.

Jim Cramer: What's Normalcy in This Country?

Jim Cramer: What's Normalcy in This Country?

We're cheering what may be an aberration, a bullish employment number. We'll take what it brings - a wholesale shift in what we're buying and what we're selling to fund it.

Jim Cramer: I'm Watching China, Europe Right Now

Jim Cramer: I'm Watching China, Europe Right Now

Other places besides the United States are flashing green, and they can surprise us -- even give our international companies a boost.

Kass: 1968 Redux?

Kass: 1968 Redux?

Nineteen Sixty-Eight was often considered to be one of the most turbulent and traumatic years of the 20th century in the U.S.

2020 Is Looking a Lot Like 1968, Without the Good Music

We are now in one of those times, like 52 years ago in 1968, that we and our children will always remember. Many of us have spent the weekend watching America burning in despair. As I write this missive, an extended portion of I-95 (in Palm Beach) h...

Get Shorty!

* I moved to a large net short exposure today Here are the prices of my additional shorts made in Friday's trading session * at $230.86 * at $302.22 * at $119 * at $319.65  As mentioned earlier, I am now large net short in exposure.

Short Moves

I have moved my Caterpillar and Apple shorts to medium-sized this afternoon.

Restablishing 2 Shorts

Moved to large net short in exposure by reestablishing and shorts, as well as adding to short. 

My Tactical Approach and Current Positioning

* I have liquidated a lot of my long positions and have been averaging into Index shorts lately * I worship at the altar of fundamentals and not of price momentum * Monday I will present a more lengthy analysis of my concerns over the balance of 202...