CAT

No trade yet.

 

I got two news on CAT being downgraded today. They are paid news. They might become public on Monday. I expect a possible big drop on Monday. $4 drop in a day is quite possible considering the recent run up.

 

I have been successfully trading CAT recently. It has a nice pattern. Now it is trading around $94.25. Perfect spot for shorting. Can be covered below $92.5.
Do your own research before trading.

 

Caterpillar's outperform rating reiterated at CLSA.

 

CAT will go ex-dividend tomorrow 1/18 with a 0.77 dividend. FYI.

 

CAT weekly inverse HS target already hit. now flagging.

 

Keep punching this overvalued stock and be patient. Should drop below $90 soon and in long term I expect it to hit $70 range during the year.

 

Here comes $80.

 

Look at all the party go'ers....

Internal Revenue Service criminal investigations unit.
The inspector general's office for the Federal Deposit Insurance Corp.
The Department of Commerce's Bureau of Industry and Security Office of Export Enforcement.

"This is not good Mav".

 

Got out at the open... went long....closed it too.
Good week!