Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $133.00 short put and a strike $128.00 long put offers a potential 36.61% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $133.00 by expiration. The full premium credit of $1.34 would be kept by the premium seller. The risk of $3.66 would be incurred if the stock dropped below the $128.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Caterpillar is bullish and the probability of a rise 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 33.39 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
Investors Are Missing How Far Caterpillar Has Dug Into Costs
Wed, 20 Mar 2019 09:00:00 +0000
The heavy-equipment maker is producing more machines from fewer assembly lines. Such moves could allow it to report record operating profits in 2019 despite sales that are $9 billion less than peak. Caterpillar stock could turn into a butterfly.
5 Dow Jones Stocks Coming to Life
Tue, 19 Mar 2019 18:48:07 +0000
U.S. equities are pushing higher on Tuesday as traders await the start of another two-day Federal Reserve policy meeting. A dovish outcome is expected, with the "dot plot" expected to come down to reflect only a single rate hike in 2019 and another single hike in 2020.The bulls are feeling confident, once again pushing the Dow Jones Industrial Average up and over the 26,000 level for the fourth time since prices peaked back in October 2018. Will this rally in Dow Jones stocks have staying power?It looks that way, with global central banks doing all they can to paper over the volatility suffered late last year. With inflation at bay, they don't have much reason to play the tough cop act the market hates so much.InvestorPlace – Stock Market News, Stock Advice & Trading Tips * The 10 Best Stocks to Buy for the Bull Market's Anniversary With that in mind, here are five Dow Jones stocks that have lagged the market's rise — and will be critical in helping push the Dow definitively past the 26,000 threshold. Boeing (BA) Click to EnlargeBoeing (NYSE:BA) shares have stabilized after hitting major turbulence in connection to the two fatal crashes of 787 MAX aircraft because of what looks like a design flaw connected to an anti-stall system. Boeing, under competitive pressure, reportedly buried details of the system's operation to avoid airlines retraining pilots. Shares were recently downgraded from buy to hold by analysts at Argus. But the worst looks to be over for the company, which will have to pay to make it right before getting back to its massive list of backorders.The company will next report results on May 1 before the bell. Analysts are looking for earnings of $4.25 per share on revenues of $25 billion. When the company last reported on Jan. 30, earnings of $5.48 beat estimates by 93 cents on a 14.4% rise in revenues. Caterpillar (CAT) Click to EnlargeCaterpillar (NYSE:CAT) shares are on the move, pushing off of uptrend channel support going back to late October. The bulls are shaking off a double downgrade day from late February when analysts at UBS cut all the way from buy to sell on worries about revenue and margin pressure in 2020. Instead, nascent hope of a manufacturing and construction turnaround are bolstering prices. * 5 of the Best Stocks to Buy Under $10 The company will next report results on April 29 before the bell. Analysts are looking for earnings of $2.86 per share on revenues of $13.5 billion. When the company last reported on Jan. 28, earnings of $2.55 missed estimates by 44 cents on a 11.2% rise in revenues. DowDuPont (DWDP) Click to EnlargeDowDuPont (NYSE:DWDP) shares are coiling up within the confines of a consolidation range going back to October, rising off of its 50-day and 20-day moving averages in what looks like the beginning of an upside breakout. The company announced this week that a broker-dealer has been selected to implement a $3 billion share buyback following the separation of its Dow subsidiary from DowDuPont.The company will next report results on May 2 before the bell. Analysts are looking for earnings of 93 cents per share on revenues of $20 billion. When the company last reported on Jan. 31, earnings of 88 cents per share beat estimates by a penny on a 0.2% rise in revenues. Goldman Sachs (GS) Click to EnlargeShares of Goldman Sachs (NYSE:GS) are emerging from a three-month consolidation range, pushing towards its 200-day moving average in what looks like a possible end to a downtrend that traces back to early 2018. Investors are getting excited about reports the company is looking to launch a new credit card product in collaboration with Apple (NASDAQ:AAPL) as well as general stabilization in the capital markets, which is resulting in a reopening of the IPO window with Lyft. * 7 Invincible Stocks Leading The Bull Market Higher The company will next report results on April 17 before the bell. Analysts are looking for earnings of $5.7 per share on revenues of $9.3 billion. When the company last reported on Jan. 16, earnings of $6.04 beat estimates by $1.26 on a 0.5% drop in revenues. Home Depot (HD) Click to EnlargeWith the peak home-buying season about to arrive, hopes of a turnaround in home prices (which have been sagging nationally lately) are raising, and thus, home improvement demand is expected to increase. Home Depot (NYSE:HD) shares have been consolidating since October but look ready for another breakout attempt above its 200-day moving average. A couple of analyst downgrades in recent weeks, including from Telsey Advisory Group, hasn't dampened investors' spirits.The company will next report results on May 28 before the bell. Analysts are looking for earnings of $2.20 per share on revenues of $26.5 billion. When the company last reported on Feb. 26, earnings of $2.25 per share beat estimates by 9 cents on a 10.9% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post 5 Dow Jones Stocks Coming to Life appeared first on InvestorPlace.
Caterpillar (CAT) Outpaces Stock Market Gains: What You Should Know
Mon, 18 Mar 2019 21:45:09 +0000
Caterpillar (CAT) closed at $134.14 in the latest trading session, marking a +1.11% move from the prior day.
Caterpillar to Participate in Bank of America Global Industrials Conference on March 20; Webcast Available
Mon, 18 Mar 2019 13:00:00 +0000
DEERFIELD, Ill. , March 18, 2019 /PRNewswire/ — Caterpillar Inc. (NYSE: CAT) Chief Financial Officer Andrew Bonfield will speak at the Bank of America Global Industrials Conference on Wednesday, March …
U.S. heavy equipment makers feeling pain from tariffs, disputes: report
Mon, 18 Mar 2019 11:12:47 +0000
Advocates of tariffs point to continued job growth and low overall inflation as proof that tariffs are not harming these manufacturers, which include global producers such as Caterpillar Inc, Alamo Group Inc and Terex Corp. Scott Hazelton, a co-author of the report, said tariffs will increase the cost of producing off-road equipment in the U.S. between 6 percent to 7 percent over the period. Caterpillar, a key component of the Dow, has said tariffs cost the company $100 million last year.
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