Posts Tagged ‘CAT’

• Caterpillar and Deere Showing Leadership
  Posted by Leigh Drogen on July 22nd, 2010 at 11:26 am, Comments: 0

  Trading is all about patterns, whether you are a fundamental investor or short term technical day trader.  Maybe you study the very cyclical nature of the semiconductor business, buying high beta names when demand looks at its worst and swapping in to lower beta higher market cap names when demand is extremely high.  If you’re [...]

• Grab Your Cojones and Buy Materials
  Posted by Leigh Drogen on January 21st, 2010 at 12:03 am, Comments: 0

  Let’s begin tonight with a little chart review.  A few weeks back I posted a weekly look at the $XLB which was coming into long term resistance at the $35 level.  I said at the time that I though we were due for a rejection from that level, and that it would take a few [...]

• We Go Lower
  Posted by Leigh Drogen on November 19th, 2009 at 7:40 pm, Comments: 0

  The market gave it up today, as I expected.  I’ve been warning you the past few days that the momentum had left the market and we were stalling out.  We were at the top of the channel range, it was either a break through on volume leading to a crazy melt up or we were [...]