Caterpillar Is Now UP On The Day — And That Tells Us A Lot

After whiffing on guidance and revenue, shares of Caterpillar are now UP on the day.

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Photo: Yahoo Finance

So what’s going on?

All you have to do is extend the chart back, and realise that Caterpillar is already down over 20% from recent highs.

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Photo: Yahoo Finance

Bottom line: All this global/China slowdown is old news.

Time to jump aboard the Green Shoots train >

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