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Originally Posted by Hog's Gone Fishin
The next 2 days will be interesting. Trumps state of the Union speech should boost infrastructure stocks and then 1/31 the earnings report for X makes me nervous. I'm thinking of just putting a stop loss at 38.25. If we make it though the earnings report it should move on up some more since it finally broke $40.
If the stop loss gets triggered I may move my X money to NUE or STLD and stay in steel. I already own both those anyway. Still thinking GE needs to be bought at some point. But I'm thinking $13. When they spin off their trash sectors this year it could gain 100% over 6 months. IMO.
X seems like its been moving slow but my chart says it's up 16.94% since Jan 1.
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Caterpillar would be another great stock to buy tomorrow morning before the speech. It's already the number 2 performer on the DOW last year, and stands to gain much more if Trump makes infrastructure a priority.