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Caterpillar Earnings Were Great-- Now What?

As Josh rightly points out, $CAT had a solid earnings beat and just great numbers all around.

On the back of the report, the stock is gapping up big into some potential resistnace levels.

With this in mind, I consider a slightly contrarian bet, thinking that we're due for a breather in the name.

The trade idea can be found in today's SFO Daily, and you can view it here.

by Steven Place

Steven Place is the founder and head trader at