Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $112.00 short put and a strike $107.00 long put offers a potential 14.16% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $112.00 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock dropped below the $107.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Caterpillar is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Caterpillar is bullish.
The RSI indicator is at 63.13 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Caterpillar
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Tue, 01 Aug 2017 18:48:06 +0000
It has been a relatively strong earnings season thus far, and with that said, it is always important to target stocks that are moving higher after strong earnings surprises. Check out these three Zacks Rank #1 (Strong Buy) stocks that did just that this earnings season.
Stephanie Link: here's what to buy at record highs
Tue, 01 Aug 2017 16:30:45 +0000
"Halftime Report" trader Stephanie Link gives her "buy" list.
The Zacks Analyst Blog Highlights: Caterpillar, Regal Entertainment Group and Timken
Tue, 01 Aug 2017 15:17:03 +0000
The Zacks Analyst Blog Highlights: Caterpillar, Regal Entertainment Group and Timken
China’s DJI Just Inked A Drone Partnership With One-Time Rival
Tue, 01 Aug 2017 13:00:24 +0000
3D Robotic's construction software for drones now works with DJI drones.
[$$] Caterpillar Finance Chief to Retire
Tue, 01 Aug 2017 12:18:53 +0000
Caterpillar’s chief financial officer Brad Halverson, who oversaw the company’s finances through a period of unprecedented downturn, will retire early next year.
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