|Day Low/High||134.22 / 137.05|
|52 Wk Low/High||112.06 / 159.37|
CAT stock is showing an alignment of bearish signals.
Better-than-expected numbers from PulteGroup and TRI Pointe Group are encouraging.
The current market is about escaping positions before they can fall further and then waiting until conditions improve.
"Workin' on our night moves Trying to lose the awkward teenage blues Workin' on out night moves In the summertime And oh the wonder Felt the lightning And we waited on the thunder Waited on the thunder." -- Bob Seger, Night Moves Overnight the S&P ...
Caterpillar shares crawled downward on Tuesday.
There is some substantial work that needs to be done to return to health.
The big question now is how much longer can this bounce continue?
This stock can become much cheaper if there is a major cycle turn occurring.
Caterpillar is getting crushed by macroeconomic factors.
* Hide your portfolios and children away from the self confident talking heads in the media Several have asked why I am so critical of the business media and their talking heads. Some have suggested that I have some sort of ulterior motive - politi...
With no nearby chart support CAT could sink rapidly.
Caterpillar's strong third quarter isn't helping to buoy its shares, which are sliding on concerns over higher freight and raw material costs.
But here are the signs to watch, and how to protect yourself.
Dip buying seems like a quaint old custom that has no place in the current market.
But here's how you can get into the name without much risk.
John Butters and his FactSet team noted individual companies that have seen the largest changes in third-quarter earnings forecasts by sector.
CAT has rallied sharply since the middle of August.
For most of this year the market has been led by growth stocks.
It explains a ton how you can rally on a day you would expect to be down.
The potential reward in GM as hurricane season arrives is now worth some risk.
The 20% decline in the Shanghai index could portend that the Chinese may be on the verge of giving in.
I like the long side of CAT as long as its price continues to hold above the August lows.
Honeywell's foresight is helping it avoid the macroeconomic impacts that have plagued peers.
Some stocks can't go up forever and others deserve a little time in the sun too.
The president's tweeted vitriol to trading partners will weigh on global industrials.
This under-the-radar name reports next week; here is how I am playing it.