Caterpillar reported earnings that beat estimates on both revenue and earnings but forward guidance sank the stock at the open on Thursday. This trade was setup on Thursday.
The trade alert discusses the details.
The rest of this trade alert and ideas article is for FullyInformed Members.
6th Trade Alert and Idea for Thu Apr 28 2022
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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