CBT, SCHN, ITW, CRDN, IEX, HON Expected to Trade Down Short Term
September 2, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring top equities trading strategies and these stocks are the most likely to trade Down in the coming weeks. CABOT CORP (NYSE:CBT), SCHNITZER STEEL INDS INC-A (NASDAQ:SCHN), ILLINOIS TOOL WORKS (NYSE:ITW), CERADYNE INC (NASDAQ:CRDN), IDEX CORP (NYSE:IEX), HONEYWELL INTERNATIONAL INC (NYSE:HON) are all expected to go Down as Bearish signals have been generated by top equity trading strategies. This trading system is designed to identify high probability reversion to mean trading candidates. It looks to go long immediately following strong sell-offs, and goes short after sharp run ups. Its trades are short term and hone in on the irrational decisions of emotional traders around these extreme moves. The specific technology used to make these predictions is available for a low monthly fee at: http://www.squeezetrigger.com/services/sw/ot.php The chart below displays the stocks expected to go Down and a suggested stop level to limit any potential trading losses.
Symbol Company Price Price Stop Level CBT CABOT CORP 33.850 $35.54 SCHN SCHNITZER STEEL INDS INC-A 44.330 $46.55 ITW ILLINOIS TOOL WORKS 45.210 $47.47 CRDN CERADYNE INC 30.080 $31.58 IEX IDEX CORP 36.180 $37.99 HON HONEYWELL INTERNATIONAL INC 45.900 $49.22CABOT CORP (NYSE:CBT) - Cabot Corporation provides specialty chemicals and performance materials worldwide. Its Core segment produces rubber black products for tires and industrial products; and elastomer composite products for tire applications, as well as tantalum, niobium, and their alloys for electronics; for producing superalloys and chemical process equipment; and for various other industrial and aerospace applications. This segment also sells starting metals, such as high-purity grade tantalum powders, plates, and ingots that are used to manufacture finished tantalum sputtering targets. The companys Performance segment designs, manufactures, and sells specialty grades of carbon black and thermoplastic concentrates; and fumed silica, fumed alumina, and dispersions for a range of customer applications, including automotive, construction and infrastructure, and electronics and consumer products sectors. Its New Business segment produces and sells aqueous inkjet colorants primarily to the inkjet printing market; and aerogel, a hydrophobic, silica-based particle with a high surface area that is used various thermal insulation and specialty chemical applications. This segment also focuses on developing advanced materials for anti-counterfeiting security applications; for energy storage and discharge in battery applications; solar energy applications; and for other performance material applications. The companys Specialty Fluids segment produces and markets cesium formate as a drilling and completion fluid for use primarily in high pressure and high temperature oil and gas well construction. Cabot Corporation sells its products primarily through distributors and sales representatives. The company was founded in 1882 and is headquartered in Boston, Massachusetts.
SCHNITZER STEEL INDS INC-A (NASDAQ:SCHN) - Schnitzer Steel Industries, Inc. engages in recycling ferrous and nonferrous scrap metals, and used and salvaged vehicles; and manufacturing finished steel products. The company operates through three segments: Metals Recycling Business (MRB), Auto Parts Business (APB), and Steel Manufacturing Business (SMB). The MRB segment involves in the purchase, collection, processing, recycling, sale, and broking of ferrous scrap metals. It processes mixed and large pieces of scrap metal into smaller pieces by sorting, shearing, shredding, and torching. This segments products include ferrous products, including ferrous scrap metal, a feedstock used in the production of finished steel products; and nonferrous scrap metals, including aluminum, copper, stainless steel, nickel, brass, titanium, lead, high temperature alloys, and joint products, such as zorba (mixed nonferrous material) and zurik (stainless steel). The MRB segment sells its products to steel mills and smelters. The APB segment purchases used and salvaged vehicles and sells serviceable used auto parts from these vehicles through its 45 self-service auto parts stores, which are located across the United States and western Canada. It also sells other vehicles, including auto bodies; cores, such as engines, transmissions, alternators, and catalytic converters; and nonferrous materials to metal recyclers. The SMB segment engages in the purchase of recycled metal, and processing of the recycled metal and other raw materials into finished steel products. Its product portfolio comprises semi-finished goods and finished goods consisting of rebar, coiled rebar, wire rod, merchant bar, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood product suppliers. The company exports its products worldwide. Schnitzer Steel Industries, Inc. was founded in 1946 and is based in Portland, Oregon.
ILLINOIS TOOL WORKS (NYSE:ITW) - Illinois Tool Works Inc. manufactures a range of industrial products and equipment worldwide. The companys Transportation segment offers metal and plastic components, fasteners, and assemblies; fluids and polymers; fillers and putties; polyester coatings, and patch and repair products; and truck remanufacturing and related parts and service. Its Industrial Packaging segment offers steel and plastic strapping and related tools and equipment; plastic stretch film and related equipment; paper and plastic products that protect goods in transit; and metal jacketing products. The companys Food Equipment segment provides warewashing, cooking, refrigeration, and food processing equipment; and kitchen exhaust, ventilation, and pollution control systems. Its Power Systems & Electronics segment provides arc welding equipment; metal arc welding consumables; metal solder materials for PC board fabrication; equipment and services for microelectronics assembly; electronic components and component packaging; and airport ground support equipment. The companys Construction Products segment offers anchors, fasteners, and related fastening tools for wood, metal, and concrete applications; metal plate truss components, and related equipment and software; and packaged hardware and other products for retail. Its Polymers & Fluids segment provides adhesives, chemical fluids, epoxy and resin-based coating products, hand wipes and cleaners, and pressure-sensitive adhesives and components. The companys Decorative Surfaces segment offers laminate for furniture, office and retail space, and countertops; and laminate flooring and worktops. In addition, the company offers plastic reclosable packages and bags, and consumables; plastic and metal fasteners, and components; foil and film products; product coding and marking, paint spray, and static and contamination control equipment; and swabs and mats. The company was founded in 1912 and is based in Glenview, Illinois.
CERADYNE INC (NASDAQ:CRDN) - Ceradyne Inc. engages in the development, manufacture, and marketing of technical ceramic products, powders, and components for defense, industrial, automotive/diesel, and commercial applications in the U.S. Its customers include the federal government, prime government contractors, and industrial, automotive, diesel, and commercial manufacturers in domestic and international markets. Ceradyne was founded in 1967 and is based in Costa Mesa, Calif.
IDEX CORP (NYSE:IEX) - IDEX Corporation, through its subsidiaries, engages in the manufacture and sale of an array of pumps, flow meters, other fluidics systems and components, and engineered products worldwide. Its Fluid & Metering Technologies segment designs, produces, and distributes displacement pumps and flow meters, injectors, and other fluid-handling pump modules and systems; and provides flow monitoring and other services for water and wastewater. This segment serves various markets, including industrial infrastructure, chemical processing, agricultural, food and beverage, pulp and paper, transportation, plastics and resins, electronics and electrical, construction and mining, pharmaceutical and bio-pharmaceutical, and machinery. The companys Health & Science Technologies segment designs, produces, and distributes a range of precision fluidics solutions required in analytical instrumentation, clinical diagnostics and drug discovery, performance molded and extruded, biocompatible medical devices and implantables, air compressors, and precision gear and peristaltic pump technologies. Its Dispensing Equipment segment produces precision equipment for dispensing, metering, and mixing colorants, paints, hair colorants, and other personal care products. This segments products are used in retail and commercial stores, hardware stores, home centers, department stores, automotive body shops, and point-of-purchase dispensers, as well as personal care, health, and beauty industry. The companys Fire & Safety/Diversified Products segment offers firefighting pumps and controls, rescue tools, lifting bags, and other components and systems for the fire and rescue industry; and engineered stainless steel banding and clamping devices used in various industrial and commercial applications. IDEX Corporation was founded in 1987 and is based in Lake Forest, Illinois.
HONEYWELL INTERNATIONAL INC (NYSE:HON) - Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides turbine propulsion engines, auxiliary power units, environmental control and electric power systems, engine systems and accessories, avionic systems, aircraft lighting, inertial sensors, control products, space products and subsystems, and landing products for aircraft manufacturers, airlines, business and general aviation, military, space, and airport operations, as well as offers management and technical, logistics, aircraft wheels and brakes and repair, and overhaul services. The companys Automation and Control Solutions segment provides environmental and combustion controls, and sensing controls; security and life safety products and services; scanning and mobility products; process automation products and solutions; and building solutions and services for homes, buildings, and industrial facilities. Its Specialty Materials segment provides resins and chemicals; hydrofluoric acid; fluorocarbons; fluorine specialties; nuclear services; performance chemicals; chemical processing sealants; fibers and composites; specialty films and additives; imaging and electronic chemicals; semiconductor materials and services; catalysts, adsorbents, and specialties; and renewable fuels and chemicals. It offers these products for refining, petrochemical, automotive, healthcare, agricultural, packaging, refrigeration, appliance, housing, semiconductor, wax, and adhesives segments. This segment also provides process technology and equipment for the petroleum refining, and petrochemical and gas processing industries. The companys Transportation Systems segment provides charge-air systems; thermal systems; filters, spark plugs, electronic components, and car care products; and brake hard parts and other friction materials for passenger cars and commercial vehicles. The company was founded in 1920 and is headquartered in Morris Township, New Jersey.
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