CAT has a new kid in town, they won't let him burn on his first earnings call, numbers will be pumped up, give us all a break, we know how the game is played. I believe and have put into action my game of puts to get to my entry at which point I will go with those damn calls. Support at 84.32, emergency chute at 80.57
Characteristic Discussion
Price trend Downward leading to the chart pattern. For best performance, choose patterns at the bottom of the downtrend, not as part of a congestion region in an uptrend.
Shape Looks like a double bottom with unequal bottoms. The second bottom should be at least 5% higher than the first, be similar in shape, and a consecutive minor low...
Key Reversal, Uptrend, Identification Guidelines
Characteristic Discussion
2 bars The pattern is composed of two bars.
Uptrend Look for the pattern in a short-term uptrend.
Outside day The pattern forms an outside day. However, in this case, look for an open above the prior close, a close below the prior low, and a high above the prior day's high.
Key Reversal,...
Characteristic Discussion
Price trend Downward leading to the chart pattern. For best performance, choose patterns at the bottom of the downtrend, not as part of a congestion region in an uptrend.
Shape Looks like a double bottom with unequal bottoms. The second bottom should be at least 5% higher than the first, be similar in shape, and a consecutive minor low...
Take a look , USO (OIL), FXI (LG CAP CHINA ETF), These two indicators show the disconnect with AMZN, NFLX, HD, FB, and a whole market full of these overpriced turkeys. Oil goes down, China takes a dive with it and some have followed the leaders. The DOW, SPX, NASDAQ, have about 10% more to go down. its coming. the circuit breakers are off in China next trip will...
On Dec 23, 1 investor bought 24k (thats 2.5 million dollars), feb 50 , calls, this has gone down about .40 since, not to be taken lightly. This is very, very unusual volume for EMR call, This might be a strong sign of something coming, of news coming on Feb 2, when EMR reports earnings. Nothing was bought to cover this bet. on Jan 6 another 24,332 feb 50's calls...
