Dow gaining 40 points, s p climbing. 29 , nasdaq. 20. Companies that make heavy equipment, companies that help make planes or cars or homes just keep winning over investors hearts. As we play in this vacuum thats virtually devoid of earnings reports, how thick is this love . Not long ago, i predicted that caterpillar after a serious spell of poor performance could become adored. Adored beyond all reason as the economy improves. It seems so natural given that united rental, a company we had several times and said its heavy machinery customers are as bullish as theyve ever seen them. Its reasonable to think theres a big uptick coming in construction spending. Maybe from the boom in oil and gas and nonresidential building. Its no surprise when the once despised now acclaimed caterpillar, big dow stock smashed through 100 like a hot knife through butter. It is the leader of 2014 that i follow. Companies that melt iron and bend steel are acting the way the biotechs acted not long ago and a
HISTORIC TRIANGLE — Several food trucks from the Historic Triangle continue to serve culinary creations throughout the community. From breweries, distilleries…
HISTORIC TRIANGLE — Several food trucks from the Historic Triangle continue to serve culinary creations throughout the community. From breweries, distilleries…
HISTORIC TRIANGLE — Several food trucks from the Historic Triangle continue to serve culinary creations throughout the community. From breweries, distilleries…