|Day Low/High||166.89 / 169.85|
|52 Wk Low/High||87.50 / 171.26|
Dow chemicals are finding a bottom, higher-yielding stocks are trading well, macro is improving and the consumer is getting stronger.
There is a tendency for the financial media, in particular, to believe "price is truth." For example, Caterpillar (which traded lower in yesterday's pre-market) ended slightly higher at the close - and the media proclaimed a turn in the stock (justi...
Few things can cause people to pull money out of the stock market than what seems like irrational actions that actually make sense.
I do think those watching for where we are in the cycle should be paying close attention this earnings season.
One name that investors are cheering today is label and packaging material-maker Avery Dennison.
Our goal is to understand why the market is buying or selling, especially when the action appears contrary to logic.
There are reasons that I believe Caterpillar deserves my attention as well as my investment.
...and here are some of my reasons why I had aggressively shorted Caterpillar.
Let's check the charts and indicators of this company once again.
The Defense Department's potential $10 billion award for their cloud computing contract is a never ending saga with Microsoft and Amazon as finalists.
* CAT misses and guides lower * CAT is Still a DOG We shorted Caterpillar last week and have been adding to the name. CAT just reported -- the company missed sales/profits expectations and lowered guidance. Here are the highlights: --Sales and rev...
* I am adding CAT to my Best Ideas List (short) I have done well with Caterpillar on the short side over the years. I suspect we are approaching another short opportunity. (I took a trading short rental three days ago.) Here are some of my reasons w...
Let's check the charts of this global leader in the manufacture of construction and mining equipment.
I was quite active in my trading and investing over the last two days (while I was on the West Coast and not writing in my Diary). Here is a summary of my actions: * I have added to my private equity shorts - (a new position) joins . * I have reesta...
A trade deal still seems far away, so check your China exposure, again, as earnings season approaches.
One has to wonder whether there isn't a wholesale shift in China toward internal consumption and away from exporting.
Everyone keeps asking me if there's a recession around the corner. My answer: I don't see it.
In my opinion, MA is a good one, otherwise it would not be on my book.
Can no one else see the eventual end of the debt super-cycle?
3M, Caterpillar and Johnson & Johnson all face headwinds with a strong dollar.
We can only hope that Fed Chairman Jay Powell is checking in with power companies and other industrials to see how tariffs are really decking parts of this country.
That's Better Than Feared vs. Worse Than Feared when it comes to these companies' latest reports on a big day for earnings.
And as the semiconductor sector continues to shine, Brooks Automation is a name to keep in mind.
What a day. They just kept coming in waves. They bought stocks that were up higher, then they bought stocks that were down off of the lows. In anticipation of the ECB? In response to some tough macro this morning? Once they realized that Robert Muel...
Oil prices -- as well as other energy, transportation and a resolution on tariffs on Chinese goods -- could affect CAT's future.