Page 1

The Red Roadmaster’s US Market Re-cap + Stock Talk ™

September 10, 2009

Date Line: USA

Wall Street Close Up for 4th session running

Re-cap of the US Stock Market Action on September 9, 2009 US stocks closed higher for a 4th day running on Wednesday, driving the S&P 500 to its best finish on the year. The advance on the NAS was limited by Apple Inc. as if fell 1% to US$171.14/shr. The DJIA was up 49.88 pts, or 0.53%, to close at 9,547.22, the S&P 500 was up 7.98 pts, or 0.78%, at 1,033.37 on the day, the NAS was up 22.62 pts, or 1.11%, to end the session at 2,060.39, and the The Russell 2000 rose 10.02, or 1.7%, closing at 586.40. US Crude Oil settled at US$71.31bbl and Gold trade tapped near US$1,000 oz. .The Federal Reserve's Beige Book survey showed half of Federal Reserve districts saw evidence the US economy had improved by the end of August, as labor markets remained weak and retail sales flat overall. Volume and Breadth: Advancers outpaced decliners by about 5-to-2 on the NYSE, the volume came to 1.2M/shrs. compared with 1.3B/shrs on Tuesday. Bond prices mostly rose. The yield on the benchmark 10 yr T-Note was flat at 3.48%t from late Tuesday. Overseas, Japan's Nikkei stock average fell 0.8%, Britain's FTSE 100 rose 1.2%, Germany's DAX rose 1.7%, and France's CAC-40 advanced 1.3%. Stock to Watch Today

Caterpillar, Inc. (CAT), eBay (EBAY), General Electric Company (GE), and 3M Company (MMM)

Caterpillar, Inc. (CAT) Up-date 14 September 10, 2009 Paul A. Ebeling, Jr. Analyst Let’s have a look at Caterpillar, Inc. (CAT), the World's #1 maker of earthmoving machinery and a leading supplier of agri. equipment, from a Technical POV. The overall indications after Wednesday’s (September 9, 2009) market action is Bullish: in the near term Neutral, mid-term Very Bullish and long term Very Bullish. The recent candlestick analysis is Very Bearish.

**Chart by:

Latest News: Navistar and Caterpillar Announce Global Truck Joint Venture NC2

Wednesday’s Market Action Close 48.14 + 1.44

Volume 12,362,000/shrs

There is a DOJI on September 8 and five Gaps open up between July 15 and September 8, 2009 at 31.96/46.36, the near term resistance is 52.90, support at 47.96, and the 50 day (EMA) exponential moving average is 42.93. This is Caterpillar, Inc: Caterpillar is the world's #1 maker of earthmoving machinery and a leading supplier of agricultural equipment. It makes construction, mining, and logging machinery; diesel and natural gas engines; industrial gas turbines; and electrical power-generation systems. Caterpillar has plants worldwide and sells its equipment globally via a network of 3,600 locations in 180 countries, offering rental services through more than 1,600 outlets worldwide, and it provides financing and insurance for its dealers and customers. Cat Power Ventures invests in power projects that use Caterpillar power generation equipment, and Caterpillar Logistics Services offers supply chain services Industries Where Caterpillar Competes Construction, Mining & Other Heavy Equipment Manufacturing Agricultural Machinery Manufacturing Financial Services Insurance Transportation Services

Caterpillar, Inc. (HQ) Chairman and CEO James W. (Jim) Owens

100 NE Adams St. Peoria, IL 61629 United States Phone: 309-675-1000 Fax: 309-675-1182

Caterpillar Subsidiaries Caterpillar Logistics Services, Inc. Mitsubishi Caterpillar Forklift America Inc. Progress Rail Services Corporation

eBay, Inc. (EBAY) Up-date 4 September 10, 2009 Paul A. Ebeling, Jr. Analyst Today let’s look at eBay (EBAY), the premier online (AKA World’s Biggest) marketer/seller, from a technical POV. The overall indications, after Wednesday’s (September 9, 2009) market action, are Bulllish: in the near term Neutral, mid-term Very Bullish, and long term Very Bullish. The recent Candle Stick Analysis is: Neutral.

**Chart by:

Latest News: EBay, McDonald's, Capital 1, Apple big movers

Wednesday’s Market Action Close


+ .85

Volume 22,395,400/shrs

There are three Gaps open up on Apr 23 and Sept 9, 2009 at 15.10/22.15; the near term resistance is at 24.47, support at 22.13, and the 50 day exponential moving average is 20.65. This is eBay, Inc. (EBAY): In the lexicon of the modern consuming idiom the term “I got it on eBay" has become fully establish and is making eBay online auctioneer the world leader. eBay is a cyber-forum for selling more than 50,000 categories of merchandise, from junk to fine antiques, and hosting about 500,000 online stores worldwide. eBay, which generates revenue through listing/ selling fees and advertising, has more than 27%MM registered users. In 2007, eBay acquired one of the fastest growing online ticket sellers, StubHub, for US$307MM. eBay, Inc. ranks #326 in FORTUNE 500 and #213 in FT Global 500

The Competitive Landscape eBay competitors are primarily in the Auctions industry. eBay also competes in the Messaging, Conferencing & Communications Software, Transaction, Credit & Collections, and Fixed-line Voice Services Providers sectors.

eBay’s competition includes Google Yahoo!

eBay, Inc. (HQ) Chairman Pierre M. Omidyar SVP & CFO Robert H. (Bob) Swan 2145 Hamilton Ave. San Jose, CA 95125 United States Phone: 408-376-7400 Fax: 408-376-7401

General Electric Company (GE) Up-date 41 September 10, 2009 Paul A. Ebeling, Jr. Analyst Today let’s look at General Electric Company (GE), a company whose innovative leadership has played a major part in shaping the modern world and how we live and enjoy it, from a Technical POV. The overall analysis after Wednesday’s (September 9, 2009) market action is Bullish: in the near term Neutral, midterm Very Bullish , and long term Very Bullish. The recent Candle Stick analysis is: Very Bearish

**Chart by:

Latest News: Nuclear Poised for Comeback: GE, Hitachi Win Design Approval for Passive Reactor

Wednesday’s Market Action Close 14.87

+ .37

Volume 154,023,300/shrs

There is a Bearish Doji Star on September 8 and four Gaps open up between April 2 and Sept 8, 2009 at 10.26/14.26, the near term resistance is NIL, support at 14.70 and the 50 day (EMA) exponential moving average is 13.37. This is the General Electric Company (GE): GE manufactures everything from turbines to TVs, from household appliances to power plants, General Electric has innovated businesses that have shaped the modern world and how we live and enjoy it. The company produces; aircraft engines, locomotives and other transportation equipment, kitchen and laundry appliances, lighting, electric distribution and control equipment, generators and turbines, and medical imaging equipment. GE is also one of the preeminent financial services companies in the US. Its General Electric Capital unit comprises commercial finance, consumer finance, aircraft leasing, and energy financial services, is its largest segment. Plus they own and operate the NBC television network.

Industries Where GE Competes Commercial Lending (primary) Aerospace & Defense Automotive & Transport Consumer Products Manufacturers

GE Subsidiaries and Affiliates CFM International, S.A. Société Factofrance Fanuc GE CNC Europe S.A.

General Electric (HQ) Chairman and CEO Jeffrey R. (Jeff) Immelt 3135 Easton Tpke. Fairfield, CT 06828-0001 United States Phone: 203-373-2211 Fax: 203-373-3131

3M Company (MMM) Up-date 6 September 10, 2009 Paul A. Ebeling, Jr. Analyst Today let’s look at the 3M Company (MMM), the leader in tape and adhesive manufacturing, from a Technical POV. The overall indications, after Wednesday’s (September 9, 2009) market action is Very Bullish: in the near term Bullish, mid-term , Very Bullish and long term Very Bullish. The recent Candle Stick Analysis is: Very Bullish.

**Chart by:

Latest News: How 3M Encourages Collaboration

Wednesday’s Market Action Close 73.18 + 1.49

Volume 4,771,100/shrs

There is a Bullish Engulfing Candle on September 9, and one Gaps open up on July 23, 2009 at 64.89/66.35, the near term resistance is 76.97, support at 72.82, and the 50 day (EMA) exponential moving average is 68.50.

This is the 3M Company (MMM): 3M makes everything from masking tape to asthma inhalers. The company has six operating segments: display/graphics, specialty film, traffic control materials; health care (dental and medical supplies, and health IT); safety, security, and protection (commercial care, occupational health and safety products); electro and communications (connecting, splicing, and insulating products); industrial and transportation (specialty materials, tapes, and adhesives); and consumer and office. Well-known brands include Scotchgard fabric protectors, Post-it Notes, ScotchBrite scouring products, and Scotch tapes. Sales outside the US account for about two-thirds of 3M's sales. Top 3M Competitors Avery Dennison Avery Dennison Johnson & Johnson

The 3M Company (HQ) Chairman, President, and CEO George W. Buckley 3M Center St. Paul, MN 55144 United States Phone: 651-733-1110 Fax: 651-733-9973 Toll Free: 800-364-3577 3M Subsidiaries 3M Digital Signage 3M Health Care 3M Health Care Ltd. (UK) Disclaimer

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS WEBSITE OR IN OUR NEWSLETTERS. Red Roadmaster is not registered as a securities broker-dealer or an investment advisor either within the US Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. The information contained on our website or in any of our newsletters should be viewed as commercial advertisement and is not intended to be investment advice. Any information found on our website, or in any of our newsletters is not provided to any particular individual with a view toward their individual circumstances. The

information contained on our website, and in any newsletter we distribute, is not an offer to buy or sell securities. We distribute opinions, comments, and information free of charge exclusively to individuals who wish to receive them.

Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any of the companies’ profiled based solely on information contained in our report. Individuals should assume that all information contained on our website or in one of our newsletters about profiled companies is not trustworthy unless verified by their own independent research.

Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment adviser or licensed stock broker before investing.

Information contained in the Redroadmaster Stock Talk report will contain “forward looking statements” as defined under section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company’s most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements.

Red Roadmaster is committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company’s plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related sources which we believe to be reliable. To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in this report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information). We encourage you to invest carefully and read investment information available at the websites of the SEC at and FINRA at

Red Roadmaster Stock  

Red Roadmaster Stock Talk featuring CAT, EBAY, GE, MMM

Read more
Read more
Similar to
Popular now
Just for you