Well, it is no secret. Techs are doing great, particularly the semiconductor stocks. Conglomerates are weak for two days in a row now. caterpillar is also showing some weakness. This stock cannot move past the $60 mark. Today is showed some real lack of conviction. The Bulls may be giving up on this one too! Now I am not shorting this one but my feeling is that CAT will start moving down if it can't make a strong move above $60 in the next couple trading sessions.
BA came back a little this afternoon but ended lower for the day. This stock should bleed for a while longer!
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