What's CAT story?

Anyone knows what's the narrative behind near ATH for this stock? Are industrials laggin in the realization of what's to come or are they ligitimatelly about to benefit greatly?
 
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Anyone knows what's the narrative behind near ATH for this stock? Are industrials laggin in the realization of what's to come or are they ligitimatelly about to benefit greatly?
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CAT maybe a good mover\
moved headquarter to TX, a much lower tax + regulations district.
Number 1 stock in its sector, IBD data[Investors Business Daily]
DOW/DIA[ CAT Index] has strangely been better than SPY, much of the year.
NOT many stocks up YTD or above 200dma/50 dma , CAT is.
DIA, DOW going down less than SPY + QQQ today\ like most of year.
QQQ still wins race to downside\2022:D:D
 
Eggs are beating the market !
upload_2022-12-20_22-18-39.png
 
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Strange/ but over the years i think there is good reason why IBD founding father[WO'N ]was actually a fairly positive person\ but real negative on WSJ picking 30 stocks[DOW/DIA] + promoting them:D:D. But the WSJ,, after seeing IBD newspaper /take a lot of thier market share,, finally put a 200 dma on their WSJ candle charts........................................................
DOW/DIA almost always underperforms SPY/SSO\
except 2022 DOW/DIA/CAT may prove exception to the rule,, should know something by Christmas or 12-31-2022
I like the dealers old Oldsmobile ad= ''Eggs are cheaper in the country , so are Oldsmobiles''
Adding to the complexity, i used to raise egg layers, they never lay as many eggs in winter like spring.:caution::caution:DIA/DOW finally turned positive for week ; but see where it + SPY closes FRI, end of day + week.....................................................
 
Anyone knows what's the narrative behind near ATH for this stock? Are industrials laggin in the realization of what's to come or are they ligitimatelly about to benefit greatly?
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Sorry i took so long to answer/2 weeks:caution::caution:
IBKR mailed me a calender\
years back\
stranger than the comment IBKR founder noted he would prefer traders not trading IBKR stock\preferred investors investors investing in IBKR. Strange IBKR calender 14+/ day lines / i use standard calender with 7 days grid lines....................................................................................................
I actually tried to by CAT last week, some limit buys get hit\ some do not get hit.
Actually i cant answer your question, since i did not ''know'' when you posted it, or now
I like the name DE better than CAT, but bought CAT because it did better in 1973/1974+ this year
Sister asked a 7 year old boy ''you like 2nd grade''
NO/ the 7 year young boy said, i'm trained for 1st grade ''
Exactly/ a 7 year trend follower/LOL
:caution::caution::caution::caution::caution::caution::caution:/:D:D
 
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