When Caterpillar Goes Up Most Of The Day On A Tuesday. What do you do?
First you check out what the markets are doing at that point in time. You could then check out what the markets were doing back in the morning. Then maybe check out it's five day chart. What about news? Here is all I could find. So what are the Puts doing? These ones are five dollars "out-of-the-money". For interest only here is how the 520 Puts traded thirty-eight minutes ago followed by how they are trading now. Caterpillar is still going slightly up. So this is one of those let's pick a top moments without anyone knowing what is best do do. I would be jumping in now. Other companies like Deere and Tesla may also be running out of steam. Tuesdays going into Wednesdays. One issue that concerns me is that institutional buyers are not afraid the buy into charging markets, even in the aftermarkets. Yet Caterpillar up 5% in one day. That kind of move warrants taking the chance to fight it on the downside and Wednesdays can sometimes be turn around days in the ma...
