Caterpillar’s Stock In Trouble?
Last week, Caterpillar (CAT) reported earnings that sent the stock gapping below its 50-day moving average (DMA) with a 3.1% loss. The stock followed its lower-Bollinger Band (BB) until today (July 29, 2014). The stock rallied earlier in relative out-performance to the market before fading to flatline. All this might be rather unremarkable EXCEPT this … Read more