Buy until the day before earning come out. Sell the day before. Tractor sales plummet. Farmers not buying farm equipment. Plus overseas and threat of cliff. WATCH AND SEE big drop in stock price
A no brainer Huh?? Aren't you glad you sold? Easy Money!! Cha=Ching!
$78 Jump in.
Admittedly this is true, with healthy sell-offs after the August 15 report and the February 15 report. Then again, it is higher now than it was even prior to the August 15 report and almost where it was before the February 15 report, which was near the 52 week high. I suppose if you want to trade around it fine but is hardly a trader's stock.
And recently the fertilizer companies, much more volatile, have sold off on sales slumps, and Deere has diverged from them recently. I imagine it will sell back down post-earnings. Long term it is a great play I believe and likely a buy on an earnings drop (just like it was a buy on August 15).
Good points. I have to differ with you on it not being a god traders stock. Go short when she's high, long when she' low. Back and forth. You will be very happy! I f you buy a stock say Koh'l for instance, @ $50. Goes up to $75. Sells off to $40. Goes back up to $70-$75. Settles back at around $50. Who made money? the trader who went in and out many times or the investor that sat on it and watched the stock go up $25 several times and did not take profits. Dead money Right?
You are right pump and dump! Deere will retest 82-83. Will sell of like quarters before.It was a crap year. LOCK IN YOUR GAINS!!!
Paying attention? Longs....lock in those profits, she's going south!