Following up on my thoughts on Caterpillar (CAT), I think its worth noting the relative under-performance of its peer Deere (DE) which is up only 8% on the year, and down 7% from its June …
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Shares of Caterpillar (CAT) have been a sort of an anomaly at times over the last five years as the commodity super-cycle, and the promise of everlasting emerging market growth came undone. A look back at …
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Event: Joy Global (JOY) the manufacturer of mining equipment reports fiscal Q2 results tomorrow before the open. The options market is implying a one day post earnings move of about 12.5%. With the stock at …
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This morning the Atlanta Fed’s GDPNow tracker, which shows a meaningful uptick in Q2 activity is making the rounds: On May 13, the #GDPNow model forecast for real GDP growth in Q22016 is 2.8% https://t.co/FMxeZy8vKJ pic.twitter.com/tMm2HJfS4B …
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Shares of Caterpillar (CAT) are up 33% from its 52 week and 6 year lows made in late January, with the stock now up 10% in 2016. The year to date out-performance comes after a …
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The U.S. Federal Reserve threw a curveball at market participants yesterday, and if you’re like me you’re a bit confused. Heading into yesterday’s meeting, expectations were that the Fed would raise rates four times in …
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Caterpillar (CAT) has been the poster-child for U.S. multi-nationals who are heavily exposed to emerging markets for future growth and are feeling the adverse affects of the strength of the U.S. dollar since the end …
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This morning, rather than focusing on the handful of stocks driving most of the performance in the U.S. equity market and have no top in sight, Amazon, Facebook, Google & Netflix, I will instead focus …
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In case you missed it, Caterpillar (CAT) was down 6.25% yesterday making a new 5 year low after pre-announcing results that were much worse than expected. CAT is now down 42% from its 2014 high: …
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On Friday’s Options Action on CNBC, my co-panelist Carter Worth laid out a very convincing bearish technical take on shares of UPS, watch here: In Carter’s opinion, there are three charts to look at as …
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