- Chart of the Week
Oil Service ETF (OIH)
The OIH rallies into its next resistance band at the 2019 downtrend near the July highs.
- Signal from Noise
CAT Has More Lives; Shares Could Make a Comeback
Caterpillar is the poster child for companies damaged by the new tariff regime introduced by President Donald Trump. It’s the whipping boy for investors worried by slowing global growth. In other words, trade good but tariffs bad for CAT. According to FactSet, companies which get 50% of sales outside the...