Trade Update Oct 10th, 2012: The original thesis on my CMI trade was that traders would be wary of another weak result from CMI given broader international industrial trends. Well, CMI guided down last night …
Continue readingJOY
Cummins has been on my radar ever since I first wrote about Caterpillar and its ties to the China back in May. In that post, I discussed the price signals being sent by FXI and …
Continue reading
Event: JOY reports Q3 tomorrow before the bell, the options market is implying about an 8% move which is rich to the 4 qtr avg move of about 6.25% and the 8 qtr avg move …
Continue reading