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CAT and China

Being that Caterpillar is linked up with China, their numbers are being used as an indicator of China/US business relations. Today Caterpillar slipped as earnings aren’t expected to meet expectations.  Chinese stocks(the ones we are monitoring), however, are having a positive day.

The strategy today is to look for any major drop in JD.com and add position if it falls to about 30.33 or less. BABA will be maintained although a drop is expected.

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