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January 28, 2013  Mon 7:35 AM CT

CAT: SEE CHART GET CHAIN FIND STRATEGIES
Traders Look Past Revenue Miss

Caterpillar reported fourth-quarter profit of $1.91 a share, beating the $1.70 expected by analysts. Revenue missed, but investors are focusing on that strong bottom line number and CAT is up more than 2 percent before the bell on my tradeMONSTER platform.

Sony Upgraded by Citigroup

Citigroup upgraded Sony to "buy" from "neutral," saying declines the Japanese yen will help the company. SNE climbs 7 percent in the premarket.

JoS. A Bank Hammered by Cost Pressures

JoS. A Bank Clothiers said that net income will drop 20 percent in the full year as costs surge. Management also said it was hurt by warm weather and customers didn't respond well to promotions. JOSB drops 16 percent before the bell.

Furiex Pops on Drug Approvals

Furiex Pharmaceuticals said the Food & Drug Administration approved three new type 2 diabetes drugs. The medicines will be sold by Takeda Pharmaceuticals, but FURX will receive a $25 million milestone payment, plus royalties. The stock is up 32 percent in early trading.
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Market Level Making You Nervous, Huh? Part 3

In last week's article, we discussed how important the extra cash you save by using the Stock Replacement Strategy over buying the actual stock is! That extra cash in our account instead of being unnecessarily tied up in a stock position allows us to buy the puts we would need to protect our downside in the case of a major sell-off.

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