Caterpillar is one of those "no man's land" (btwn the 50 and 200-day moving averages) stocks that I love so much (not!). It's showing good strength in this market but I don't see a good entry point right here. I'd keep an eye on last week's gap and the now broken trendline, both of which should be support.
Right on Mike!
CAT is now in the proverbial "there must be easier money than this" category.
T.