Caterpillar Inc. (CAT)

136.23
NYSE : Producer Manufacturing
Prev Close 133.86
Day Low/High 134.22 / 137.05
52 Wk Low/High 112.06 / 159.37
Avg Volume 4.22M
Exchange NYSE
Shares Outstanding 571.88M
Market Cap 77.14B
EPS 10.40
P/E Ratio 12.52
Div & Yield 4.12 (2.53%)

Buckle Up! More Night Moves and Heightened Volatility

* A regime of volatility is growing more conspicuous (and likely) against an investment backdrop dominated by machines and algorithms * More volatility is suggested by an increasingly ambiguous global economic picture and with the chances of policy ...

A Market Update and Today's Trades

* Raising my short exposure this morning As the business media dwells on the IPO, the market backdrop continues to deteriorate. I continue to see growing evidence that the market could be in a major topping process - with prior highs (and a possible...

Shorts Wish Not Covered

"If wishes were horses then beggars would ride." - Grandma Koufax Though I did fine in these shorts, these are the recent short covers I wish I had never covered: * Apple - I have grown more negative on the short- to intermediate- term prospects. (H...

Jim Cramer: U.S. Companies Are Ready for China Tariffs

Jim Cramer: U.S. Companies Are Ready for China Tariffs

Only economists and pundits seem to be worried about a pending crash that might never occur.

Caterpillar Is Still in a Bear Phase From Early 2018

Caterpillar Is Still in a Bear Phase From Early 2018

Let's go through the bearish signals one by one.

Key Takeaways

Another day of "newsy" action as it pertains to how the trade negotiations are going. Today it was Sarah Sanders saying, in very vague terms, that negotiations are advancing in the sense that the Chinese are willing to proceed with the talks. As suc...

Jim Cramer: Uber's Timing Could Not Possibly Be Worse Than It Is

Jim Cramer: Uber's Timing Could Not Possibly Be Worse Than It Is

I wish that Uber could shelve its offering because of the trade deadline. That, however, is not going to happen.

Jim Cramer: What a One-Two Punch From Uber and China Tariffs Could Mean

Jim Cramer: What a One-Two Punch From Uber and China Tariffs Could Mean

Why the Uber IPO and the market's take on China tariffs are so important, and what stocks would be most affected by any derailment.

Jim Cramer: President Trump Knows More Than You About How Tariffs Work

Jim Cramer: President Trump Knows More Than You About How Tariffs Work

The base just wants the scales leveled. That's what Trump wants, too, and he won't sign off on anything with China until he gets it.

My Short List

I have a lengthy list of stocks and Indices to short on more strength including , , , , . I have very few stocks I want to buy or add to.

Covering CAT

I am covering my short trading rental (-$4+ in pre-market trading) for a nice profit.

Jim Cramer: What to Buy and What to Avoid on Trump's Latest China Tweet

Jim Cramer: What to Buy and What to Avoid on Trump's Latest China Tweet

As usual, the stocks that bounce back first are the tech stocks with little Chinese exposure and the consumer packaged goods that just demonstrated good numbers.

Closing in on a China Deal? Apple Earnings, Infrastructure Stocks: Market Recon

Closing in on a China Deal? Apple Earnings, Infrastructure Stocks: Market Recon

I will very much approach the environment provided (China talks) from the view of the pragmatic. I will trade whatever is in front of me.

Yesterday

"Yesterday All my troubles seemed so far away Now it looks as though they're here to stay Oh, I believe in yesterday" - The Beatles, Yesterday I was active trading yesterday. I added to my Index shorts ( and ) and to a number of individual equity sh...

Key Takeaways

With an hour to go, here are my key observations on the day: * Another smart rally off of the day's low (such a resilient market!) but not accompanied by a revival of breadth (which is now 1,175 advancers against 1,760 decliners). * Bonds rose by 1-...

Short People Got No Reason...

"Short people got no reason Short people got no reason Short people got no reason To live They got little hands And little eyes And they walk around Tellin' great big lies They got little noses And tiny little teeth They wear platform shoes On their...

Updates on GLD, CAT

Adding to on the better action. Re-shorted - I believe I made a mistake in covering (though I made a nice profit).

Both Sides Now

* It will be interesting to see whether good earnings reports (expected tonite) have been discounted "I've looked at clouds from both sides now From up and down and still somehow It's cloud's illusions I recall I really don't know clouds at all" -- ...

Covered CAT

* I have other, more compelling, short fish to fry! Called an audible and covered the balance of my short just now.

Small-Sized CAT

I took in my Caterpillar short (done in pre-market) at around $137. The shares are -$5 on the day and -$7 from the pre-market gap. Moved back down from medium-sized to small-sized.

Netflix Taking a Knife to a Gunfight with Disney, Apple, Plus Bitcoin

Netflix Taking a Knife to a Gunfight with Disney, Apple, Plus Bitcoin

Bitcoin, the most famous of all crypto-currencies, has enjoyed something of a rebound of late.

Is Caterpillar Texas Instruments Redux?

Traders might be making the same mistake in Caterpillar as they did last night in Texas Instruments (where I profitably shorted and covered). Talking heads read the headline EPS release -- but failed to note the small beat was a byproduct of a non-r...

Key Takeaways

Here are my key observations from today's action: * A record setting day. * Liquidity, price momentum, selected EPS reports and "animal spirits" were likely contributing factors to the rush higher. * Breadth was strong -- about 3-1 advancers to decl...

Jim Cramer: Want a Snapshot of the Economy? Look at the Rails

Jim Cramer: Want a Snapshot of the Economy? Look at the Rails

When you see that money pouring out of the market it is going to be looking for a home. The home will most likely want some economic sensitivity.

Jim Cramer: One Heck of a Resilient Market

Jim Cramer: One Heck of a Resilient Market

A resilient market allows you to buy stocks when they get hammered and do so with some certainty that you won't get your head handed to you.

Key Observations

Here are my key takeaways from today: * Mr. Market bent but didn't break. * Breadth was modestly negative (1,373 advancers, 1,555 decliners). * Bonds continue to point toward slowing economic activity in the U.S. and globally.  The yield on the 10-y...

Jim Cramer: Betting That the Next Pieces of News Will Be Very Stock Heartening

Jim Cramer: Betting That the Next Pieces of News Will Be Very Stock Heartening

The consumer is alive, well, and might benefit from a thaw with China and easy to get jobs. So would Boeing and Caterpillar.

More on That CAT Downgrade

Chad Dillard, the equity research analyst at Deutsche Bank who downgraded Caterpillar shares to Hold with a $128 price target this morning was just on CNBC. Here's the quick rationale behind the action:  He expects earnings estimates to fall after b...

Let's Get Started!

Alright folks, we've got a slew of things driving the market in general and stocks in particular this morning. As we get ready to kick the day off, futures are up nicely following the late night headlines that the U.S. and China are moving closer to...