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January 27, 2005

GICS 20: Caterpillar (CAT) Thursday Jan 27, 2005

Caterpillar earnings were reported prior to the market open today. They were up about 58 percent. Why then was the stock down almost 5 percent in the past few hours? For the same reason I previously wrote in the GICS Sector 20 part of the top banner to this website; its stock price cycle peaked out in the last week of December. I hope you are starting to get the message.

Posted by Posted by Bill Cara on January 27, 2005 03:50:48 PM | Category: 20 Industrials , U.S. Dow 30