There’s been too much hype around Caterpillar versus the expected reality of a muted recovery in construction activity, said Eli Lustgarten, analyst at Longbow Research.
Cramer makes the call on viewers' favorite stocks.
On Wednesday investors will be pouring over earnings from farm equipment maker, Deere & Co. What will they reveal?
Bullishness rises, and that's bad news for the rally. I've been away in New Orleans for a few days, and my email are stuffed with more optimistic commentary from traders-about Bernanke's testimony, about better economic news. The message seems to be that recovery is coming sooner than expected.
Caterpillar is seeing heavy options activity as its stock trades moderately higher Wednesday. Calls outnumber puts by a 3-1 ratio and are concentrated at the February 33 strike, where contracts were bought for $0.77, $0.80, and $0.81. Some May 40 calls also traded for $0.88, according to OptionMonster's real-time tracking systems.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.