|Day Low/High||153.89 / 156.65|
|52 Wk Low/High||96.24 / 171.32|
Transports, especially intermodal traffic, are confirming the PMI report.
Hologic, Symantec and TE Connectivity could all benefit from the current M&A binge.
Keep a close eye on what the Fed has to say on the matter.
Each of these 'real' American firms is now a buyout candidate because of the ridiculous U.S. tax code.
The important indicators are wages and the labor force participation rate.
Don't chase the market after rallies. Do buy into periods of weakness.
The jobs report, and several consumer names, will be top of mind.
Earnings season moves along full speed ahead as 27% of the S&P 500 report, including industrial heavyweights Eaton and Cummins and social media momentum names Twitter and LinkedIn.
That's the takeaway from the Alcoa call, which gave us its most bullish worldview since the Great Recession ended.
Sometimes you just need stocks that work their way from lower left to the upper right.
When the S&P rounds up the usual suspects, it makes homework useless.
Of these industrials, we believe Eaton has the more compelling case.
TheStreet's Jim Cramer says Eaton's Sandy Cutler has built 'the foremost electrical company in the world' and a 'fantastic truck business.'
Construction in this area has badly lagged, but recent data suggest it is now poised for improvement.
They're already setting the stage for better stock prices ahead.
Action Alerts PLUS Co-Portfolio Managers Jim Cramer and Stephanie Link say recent industrial stock downgrades are bad calls by Wall Street analysts because the companies in the sector have more room to move higher.
Stephanie Link sees more room to grow in the auto sector, good visibility in aerospace, and big gains in truck demand.
If trucking is indeed troughing, Cummins is the one to own -- and that supremely negative call just gave you a way in.
Mining and farming equipment are getting hit hard, and rating cuts are sure to come -- which is when you could swoop in.
The EU recovery has put heavily exposed U.S. techs and industrials in an enviable position.