Today’s Call: Caterpillar (CAT) to fall. Currently $101.10
Rationale: Caterpillar has risen dramatically over the past year. The sudden downturn in economic indicators and commodity prices will mute demand for its products which will reflect in a share price that drifts quietly downwards through the summer months.
Result of Call for May 31, 2011: GSG Commodity Index to rise. Was $36.38, Currently $36.05. Bad Call.
Calls to Date: Good Calls: 24, Bad Calls: 18, Batting .571