Today I am very baffled as to what is going on. The only explanation is someone big knows whats in the pipeline and they are bailing before anyone finds out.
Crooked as can be, UTX beats and raises and it goes lower from $112 after hitting a high of $120 at which point there were upgrades and price targets of $135
Amazing, isn't it?
Plausible reason per Wall Street Journal:
"Shares of United Technologies Corp. slid Tuesday in response to weak order growth, disappointing margins and some one-time hits even as the company raised its outlook for the year..."