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Showing posts from April, 2024

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When Caterpillar Goes Up Most Of The Day On A Tuesday. What do you do?

First you check out what the markets are doing at that point in time. You could then check out what the markets were doing back in the morning. Then maybe check out it's five day chart. What about news? Here is all I could find. So what are the Puts doing? These ones are five dollars "out-of-the-money". For interest only here is how the 520 Puts traded thirty-eight minutes ago followed by how they are trading now. Caterpillar is still going slightly up. So this is one of those let's pick a top moments without anyone knowing what is best do do. I would be jumping in now. Other companies like Deere and Tesla may also be running out of steam. Tuesdays going into Wednesdays. One issue that concerns me is that institutional buyers are not afraid the buy into charging markets, even in the aftermarkets. Yet Caterpillar up 5% in one day. That kind of move warrants taking the chance to fight it on the downside and Wednesdays can sometimes be turn around days in the ma...

Roku Jumped in Anticipation Of A Good Earnings Report

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Only to fall again. Look at this five and thirty day chart. ................................................... Yet thats only part of the story. Look at it's year to date chart. How bad was their earnings report? Do you think their pain and suffering is all now behind them? The stock is down 38% on the year. All I know is that they still seem to be making a pile of money. On a different note and in a different industry a stock named "First Solar" was stuck in neutral a few months back because interest rates where to seemingly high and companies in that industry were cutting back on the size and number of projects they were working on. Since that time and for whatever reason the stock in on fire. Both Boeing and Caterpillar also crashed last week on earning report releases. There seemed to be a hint of danger present in both companies releases. It's almost as if there was a domino effect. Next question? Why is Netflix gettng beat up? Look at it's chart. Is ...

Caterpillar - It's First Quarter Earnings Report And Traders Are Staying Away. A Read Which Might Be A Good Reference Point Going Forward.

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Boeing rallied yesterday on the release of it's earnings report only then to tank. Caterpillar is tanking this morning in the premarkets. Let's begin with it's 5 day and 30 day chart. ... The world needs to be rebuilt and Caterpillar is there to help. It's growing, it's got a good reputation, it's not laying off employees and it's doing just fine. If it misses a beat on it's earnings report so what? Life goes on. Then there are those pesky analyst who are known to offer a convoluted spin on things. If you like Caterpillar just buy it on the dips and put it away. So the markets will be opening on the commentary by the companies C.E.O of "sales about flat". Phrasing it that way is a recipe for short term disaster. ..... The two printouts above show some of the early morning action in one Put series and in One Call series. What happened the next day? A slight rebound with next to no traders trying to capitalize on a rebound. What does this tell ...