With wages for U.S. autoworkers likely to rise nearly 30% by 2027, car companies with extensive U.S. sales from local production lines will face margin pressure.
The charts of the farm equipment giant suggest its stock could head downward significantly in the weeks ahead.
I think the firm, facing a sort of fiscal cliff this year, could have prepared better, given the massive free cash flow year to date.
Prices have soared higher in the past month or so.
Only India, Indonesia and the Philippines are seeing a rise in factory output, which new figures show is declining in Japan, China and Asia's chipmaking nations.
The construction and mining equipment giant cautioned that its third-quarter sales could come in below levels of the second quarter.
Let's check the charts and indicators.
These recently downgraded names are displaying both quantitative and technical deterioration.
The charts of the distributor of industrial and construction supplies indicate that its shares should head higher.
These recently downgraded names are displaying both quantitative and technical deterioration.