Welcome to our world. Hitch your wagon to this bull and get ready for a ride. Going to $130 by mid year. Q1 results will corroborate Cat's full year guidance and the market will react accordingly. Sweet.
OK. Nine more days to earnings and I'm still not sure this market has turned back around from the pullback tht start early last week. As it turns out, CAT reports on the day Options Expire. From my experience, the week prior to OE and, oftentimes, early in the week leading up to OE, we see a LOT of volatility and downside. This could significantly decrease the chances of CAT running up into the earnings reporting date.