 Alright, good Monday morning everyone. It is time to talk about the markets with Jim Kramer on the floor of the New York Stock Exchange Our Jim Caterpillar upgraded by JP Morgan. This tax reform bullishness continues. Yeah, I mean I think that that's a very important note because they emphasize the, I don't have a way for someone to do this, the deep appreciation change You can write off equipment that you buy after one year. That can be new and it also can be used apparently The problem here obviously is the stock run a great deal. So and I've been behind Caterpillar all the way We have more than $200 price target. This is an example of one where I would say please wait, don't just come in and buy it There is a shortage of machinery stocks. I've been writing about that in real money But I don't want people to come in upon weaker hands and that's important trading guidance Yeah, Caterpillar up 75% over the past year I mean let's I just want to warn people that look that you may have missed Caterpillar Maybe the trains left the station but if you're going to buy it right here You better be patient and willing to take some pain in the interim if we get something about deep 232 I'm trying to keep 232 in front of everyone. That's a trade provision that allows the president after the Commerce Department Rules on it to block Chinese steel. So Caterpillar is a huge amount of sales in China So if that happens and suspected this month that may be a better opportunity or you can just say you missed it I think that we don't talk about the notion of missing it enough I think I may have to address that on the action alerts conference call that I'm inviting people who are not members of the club To join in the next two days. I don't think I think you really like it It's a pretty big call that we do and we answer a lot of club members questions That takes place on Wednesday at 11 30 a.m. on really important. We I spent a lot of the weekend on it So did my team and I really just think those who are watching and I know a lot of people watch Trial the product and I'm not just talking my book. It's just that this is what people want to know And it's very personal and uses a lot of what I've learned in since I started trading in 1979 A deeper dive than these videos which we appreciate meanwhile Jim United Technologies upgraded by Goldman this gear turbo fan The same thing the same thing you're coming in on top of a lot of upgrades that said the gear turbo turbo fan The GTF has been a major engineering problem for United Technologies It is a fabulous engine. It's got much much less noise It's much better for fuel use but if they indeed have solved the problems which by the way my sources indicate They have to then what happens is you buy one of their fans they get which they don't make much money on But then they make all this money on the service revenue and this is a very very competitive I think better engine that what GES I'd love G to come out maybe Flannery will talk about it But the fact is this stock has moved I recommended at 109 here at 109 on real money So I think you have to recognize you're not early if you come in right here Is there a read through to Honeywell from this? I think the read through for Honeywell is the same as we get for Boeing the same as we get for anything involved in aerospace Which is that the demand is intense for anything related to aerospace But remember we're in Honeywell fraction alerts because of the split where they're bringing out value That's Darius and Jamtech doing it. Now Damcheck is certainly pro aerospace But understand that United Technologies call should have emphasized I think more about how strong HVAC is and how strong Otis is Otis big big company for service in China Yeah, I think like every segment is doing well at UTX Every single one Wow, Jim let's also talk about retail Lululemon raising its fourth quarter guidance Again retail is one of those areas where I gotta be careful because these companies are coming out and saying good things I happen to be a huge backer of Lulu but I have for 20 points So if you come in now all you're doing is finally listening to me on Lulu Same thing with Kohl's I've been behind Kohl's for 20 points You come in and you're listening and you would listen to me and I'm not saying listen I'm a genius Because I am just commenting on what a lot of people were saying And these analysts are late to the game Again that means waiting or saying I missed and I'm taking a pass Children's play is very simple So the market seems to think that there will be some sort of pullback No, the market does not say that I am saying that The market is saying the opposite The market is saying buy them now I am saying wait for a pullback Meemaw, Jim, who do you have on med money tonight? I have exact sciences this is a good example of a company that pre-announced better numbers People don't like it I have alchemy which is doing fantastic work Or recidivism for alcoholics and for drug addicts And also a central nervous system The central nervous system trials did not succeed previously Maybe there's new information about them succeeding This is Richard Pops, the CEO By the way, remember they're located overseas They don't get a big tax benefit Alright, Jim Kramer we're going to continue the conversation behind ActionAlertsPlus.com Please join us there