Get started

Caterpillar

Caterpillar's crisis indicatorDespite the fact that many people managed to record much more profits than they did before, the year 2018 appeared to be the worst of the global market since the financial crisis. The substantial decrease in stock prices was the result of unresolved economic problems and prevailing insecurities amongst market players. News on Caterpillar’s slowing sales just pour more oil on the flame. Economists including those at the International Monetary Fund have been paring their 2019 estimates, and investors will get a better idea of just how much global growth is likely to slow when the company reports quarterly results on Wednesday. Sales and earnings at Caterpillar may show signs of moderating as China’s expansion ebbs and trade uncertainties damp demand, according to Bloomberg Intelligence’s Karen Ubelhart.
NYSE:CATShort
by Market_Referee
CAT - Caterpillar has a big hill to climb. This long-term chart looks at the relationship between Caterpillar NYSE:CAT and front-month crude oil futures The week so far has seen a few points shaved off CAT's 30% rally since election day, when it hovered around its 50 week average. The stock has been pounding against 5 year resistance while mostly shrugging off weakness in Crude. But with no clear path ahead for oil prices and an uphill battle for any infrastructure bill through Congress, can CAT bust through the trend line and "grow into its multiple" as so many analysts predict? NYSE:CAT / NYMEX:CL1!
NYSE:CAT
by pwarren