|Day Low/High||113.32 / 116.90|
|52 Wk Low/High||112.06 / 159.37|
Despite a recent downgrade, Caterpillar may be poised to power ahead in the coming months as it follows the broader market up.
Recently I have made the following moves in my portfolios: * I have added to my and shorts. * I sold out my and longs. * I reduced the size (from large to medium) of my long holdings in and . * I initiated shorts in , and .
The algos are pushing to the negative late in the day -- keep an eye out for signals of a trend change.
The fact that Fed Chair Powell knows that things are slowing down may be the best thing this market has going for it.
After eliminating a long, , adding two shorts, and , and expanding my and shorts (as Mr. Market ramped on a better consumer confidence print - which is non predictive to the markets), I have further expanded my overall net short exposure. I have a ...
I have put on three new shorts in the last few days - Disney , Home Depot , and Caterpillar .
What stocks to buy and what to avoid on the continual leaks coming out of the Kudlow-Mnuchin camp and the Lighthizer-Navarro camp.
Does it not make sense to create a separate portfolio made up of equities that will benefit -- as sick as that sounds -- when an area needs to rebuild?
Selecting the creme de la creme of last year's top dividend dogs generated an average total return of 8.8%.
This is one report where the real driver will be what the company says and the tone they take when saying it.
Dollar strength is affecting the competitive advantage of U.S. companies around the globe, and it is a more insidious problem that most people recognize.
Caterpillar's shares dropped by -8% to -9% after a big EPS miss and a guidedown on Monday. Higher costs (materials and freight) in the construction segment and one time write-offs in the FinCo contributed to the shortfalls. Importantly, the company'...
While the indices are no longer severely overbought, they have been stalling for the past week. Stay vigilant and be ready to act.
It hasn't come down enough for me to think we're oversold, so I call it working off the overbought condition.
This is some sort of whacky, crazy bull market that just doesn't want to go down.
The bears were unable to generate sustained downside pressure on Monday as the indices closed down.
Caterpillar couldn't escape the macro headwinds that have curbed broader market gains.
I don't see the appeal in chasing names that are missing or guiding lower in the current market environment.
It looks like the S&P 500 is about to test the intraday lows and that will prevent much upside action.
You buy the companies that have told you things have bottomed.
Caterpillar's plummet could convince some contrarian investors to come into the stock.
Management commentary from CAT is key on Monday.
The big miss may defer or remove the rotation back into economically sensitive sectors (e.g., industrials) that had been quietly emerging. If so, where is the market's beef (?) and will this put an end to the Bull Market run since Christmas Eve?
I mentioned that the miss could stall the rotation into industrials. The Nvidia big miss and guide down may stall the rotation into technology.
The machinery giant's first earnings miss since 2016 is pushing its stock into a hole.