|Day Low/High||238.03 / 241.50|
|52 Wk Low/High||212.80 / 277.09|
The shares of the engine maker still aren't looking strong amid a weakening broader market.
Let's take a look at Caterpillar and others for clues about what's happening in the industrials and also track the moves of new fave Amazon and Apple.
From Cummins : "Demand accelerated in the first quarter, as the global economy continued to improve, driving strong sales growth across most businesses and regions and resulting in solid profitability. The strength and breadth of the rebound in dem...
UPS and FDX are both in serious rally mode, yet in very different places in terms of technical development.
Good morning folks, we've got a full day of earnings reports as well as a modicum of economic data on tap. I'll be your cruise director today, and yes, that is a slight nod to The Love Boat, which ran from 1976-1985. Some of the earnings reports I'l...
Scarcity may be the most important word right now in describing what's working in the stock market and what's dragging us down.
The great news about the pent-up demand rally? While these stocks have been creeping up they are now going to explode higher.
Go with the banks. They are cheap and we learned this week with that big move up in rates, they will too.
The 'dividend derby' race to find which companies are offering the best opportunities is on, and we're betting on Albertsons.
Negotiations on the next round of stimulus, more so than tension between Washington and Beijing, and more so than earnings season, will control short-term financial market performance.
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.
At least days like today, when we're told the coronavirus has 'peaked,' show us exactly where the coiled springs really are.
If there was not a sizable addressable market for Beyond Meat, the competition would not be building as quickly as it is.
After Cummins slipped earlier this week, our charts see bearish signals, so proceed with caution on the long side.
We also dissect the S&P 500's record run, check out China's latest economic data and take a skeptical glance at an idea floated by a couple Fed officials.
ACT Research, the go to source for heavy truck data, tweeted March Class 8 truck data. Orders for new heavy-duty, big rig trucks plunged 66% in March compared to the same period last year, to 15,700 units. Not good for heavy truck related companies ...
CMI looks poised to break above the October and December highs, but it may be held back by news or rumors on the U.S.-China trade front.
The market can still go higher, but the time has come for the slope of price discovery to normalize a bit.