"Industrials broadly ... have been a big part of this new leadership we've seen in the market since the March bear market low. ... If you were to kind of screen for stocks that were the poorest performers through the bear market into the March bottom and have subsequently become leadership, you see a lot of industrial stocks on there — probably less so the brand name industrial stocks, more a lot of mid-caps in there.
Caterpillar, reporting on Tuesday morning, is expected to post quarterly earnings of $1.17 a share, according to FactSet estimates. That would mark a sharp drop from $2.66 a share a year earlier."Old Dominion ... [is] consolidating between its September high and its 100-day moving average. Bullish trends suggest you get the breakout to the upside," said Wald.
Old Dominion, which also reports Tuesday, is set to report profit of $1.52 a share in its September-ended quarter, up from $1.37 a year earlier.
Would that make it a dead CAT bounce?
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Energy stocks plummet amid oil sell-off driven by threats of boosted production - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Market Sell-Off: Coronavirus Worries, Stimulus Stalemate, Earnings Effect & M&A by Squawk on the StreetSquawkStreet carlquintanilla jimcramer davidfaber I like jimcramer carlquintanilla ... the other not do much. No personality and boring.... SquawkStreet carlquintanilla jimcramer davidfaber Something else is at play that deaths have dropped so much and we continue to hyperfocus on 'cases'... not deaths dropping
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Stocks end sharply lower as investors battered by COVID-19 case surgeU.S. stock-market benchmarks ended sharply lower on Monday, but off their intraday lows amid investors jitters around rising COVID-19 cases in the U.S. and Europe. Horrific day on Wall Street. Too bad a record bad jobs report didn’t come out today PlunkettPrime Who cares. EZ Stimulus hopes rally overnight
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »
Industrial stocks tank after China sanctions Lockheed Martin, Boeing, and Raytheon over Taiwan sales | Markets InsiderThank you Lockheed Martin, Boeing and Raytheon! stay strong against the communists. china sanctioning US!!!
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »