CNBC Options Action October 9, 2016
Starbucks are going to do. Honeywell shares tumbled on guidance. It was the companys worst day in five years, and that could have big implications for the bestperforming dow stocks. Obviously, industrials, with the exception of boeing did pretty poor lay. I dont know if theres a direct correlation between caterpillar and honeywell. Capex is particularly weak and its not a good recipe for caterpillar. We had ppg as well. Theres some doubt about these sort of cyclical stocks. Whats interesting is that you would think if the fed is ready to lift off, at least theyre going on a rateincreasing cycl...