DE - Deere & Company

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Stockaholic, Apr 4, 2016.

  1. Stockaholic

    Stockaholic Content Manager

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    [​IMG]

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    Deere & Company (DE) (brand name John Deere) is an American corporation that manufactures agricultural, construction, and forestry machinery, diesel engines,drivetrains (axles, transmissions, gearboxes) used in heavy equipment, and lawn care equipment. In 2014, it was listed as 80th in the Fortune 500 America's ranking and was ranked 307th in the Fortune Global 500 ranking in 2013.

    John Deere also provides financial services and other related activities.

    Deere is listed on the New York Stock Exchange under the symbols DE.[5] The company's slogan is "Nothing Runs Like a Deere", and its logo is a leaping deer, with the words 'JOHN DEERE' under it. The logo of the leaping deer has been used by this company for over 135 years. Over the years, the logo has had minor changes and pieces removed. Some of the older style logos have the deer leaping over a log. The company uses different logo colors for agricultural vs. construction products. The company's agricultural products are identifiable by a distinctive shade of green paint, augmented by yellow trim.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Reported before open today (5/20/16)
    Earnings: EPS $1.56 Revenue $7.875B
    Estimates: EPS $1.48 Revenue $6.71B

    Down 2.26% pre-market
     
  3. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    I will be looking for stopping action to get long. See the trading journal "A Wyckoff Student Notebook" for more.
     
  4. fidelgeorge

    fidelgeorge Well-Known Member

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    Though price down 5.7% for the week, don't shy to go short it will soon head $70s any pop is opportunity to sell short
     
  5. T0rm3nted

    T0rm3nted Moderator
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    Ex-Div-Date: 6/28/16
    Payment Date: 8/1/16
    Dividend: $0.60
    Current Price: $81.72
    Annual Yield: 2.85%
     
  6. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Deere Stock Soars As Q4 Earnings Crush Estimates

    upload_2016-11-23_7-27-5.png
     
  7. Stockaholic

    Stockaholic Content Manager

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    Nice pop today and breaking out to ATHs

    [​IMG]
     
  8. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Nice and good market mover
     
  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Once 108 gives out, this (and CAT) have gaps to fill downward.
    Expect this to close below 109.50. If it closes above, then I take that as a good sign for the market in general for a couple more weeks. Short this as close as you can get to 112.
     
    #9 anotherdevilsadvocate, Feb 17, 2017
    Last edited: Feb 17, 2017
  10. Gambit

    Gambit Active Member

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    Deere & Company $DE received some bullish love from Wall Street analysts at Stifel Nicolaus on Tuesday, as the agriculture and construction equipment maker continues to hover near all-time highs.
    Stifel started coverage on DE with Buy rating and $126 price target, suggesting a 15% upside to the stock’s Monday closing price of $109.73.
     
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  11. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    That's strange, I only get $125 :confused:........$170 longer term.

    upload_2017-4-11_19-32-59.png
     
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  12. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Does anybody know any statistics on gaps getting filled? I think there is something to that, but I've also seen where it can take years.

    This came into the recent trading range from strength; from an uptrend. You know what they say about trends......and that is one market quip you can, more often than not, take to the bank.....bully.

    Daily:
    upload_2017-4-11_20-28-5.png
     
  13. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Yeah I closed my short on this. Made some money and thought I was set up to make a lot of money, but only ended up being some money.

    Was able to make some money because there was a pretty good range I was tuned into: I would keep loading shorts when it got within the ATR of $112 (average true range = ATR is $1.50). And closed a portion down to normal size when it would get back down to $109. So I had a pretty good cost basis. I was confident and kept loading because the recent high of $112.18 was clearly a resistance (and my cost basis was above that), and the ATR is relatively small so if I was wrong it wouldn't kill me. I was certain it would eventually go down more.
    [​IMG]
    The last time it went below the 50 sma, I was thinking I could make a lot of money. It then went right back up into the box, and I gave up.

    I think TipToppTrader once said 90% of all gaps get filled, but that stat neglects to give a time frame.
     
    #13 anotherdevilsadvocate, Apr 11, 2017
    Last edited: Apr 11, 2017
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  14. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    I think you might be right. I haven't done the point & figure work yet but that's one long trading range that should propel it a lot higher in the long term.

    Interesting that the November 2016 gap didn't get filled (see discussion just above with @anotherdevilsadvocate. The trend is your friend.

    Weekly Bars:
    upload_2020-9-13_22-6-49.png
     
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  15. emmett kelly

    emmett kelly Well-Known Member

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    Deere & Co shares are trading higher after the company reported better-than-expected Q1 EPS and sales results.

    Feb 19, 2021 7:31a ET
     
  16. Syynik

    Syynik Well-Known Member

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    Damn, that is one beautiful chart. I've had my eye on CAT since March, forgot about old John Deere.
     
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  17. rg7803

    rg7803 Well-Known Member

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    you read my mind! amazing chart, allmost without any type of pullback
     
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  18. Smokie

    Smokie Well-Known Member

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    Interesting to see this.

    Deere Jumps Into Electric Excavators in Tech Transformation

    (Bloomberg) -- Deere & Co., the world’s largest manufacturer of farm equipment, launched a new electric excavator amid rising demand to reduce emissions in heavy industry.

    The Moline, Illinois-based company said the battery-powered machine will reduce daily operating costs for construction workers and road builders, while eliminating tailpipe emissions. The company said the electric version won’t sacrifice any power or performance, but did not immediately give details about how often the machine will need to recharge and how long it will take.


    “We’re not in the business of creating new technology just because it’s cool,” John May, Deere’s chief executive officer, said at an industry presentation in Las Vegas. “Technology is the key to driving sustainability on the farm and construction sites and empowering our customers to become more efficient and profitable in the age of significant challenges.”

    The announcement comes as large machinery companies like Deere and competitor Caterpillar Inc. begin to improve offerings of fully electric and autonomous equipment that miners, contractors and other heavy industry customers are demanding amid the energy transition. Producing these technologies at scale present some of the biggest challenges for these companies, which could be forced to make costly overhauls of their manufacturing processes.

    Deere also unveiled its so-called “ExactShot” technology, which uses a sensor to know when an individual seed is planted and immediately sprays the exact amount of fertilizer needed directly on it. The technology could save more than 93 million gallons of starter fertilizer per year, according to a statement.
     
  19. TomB16

    TomB16 Well-Known Member

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    I've been following this for a few years. It is not possible to over estimate the importance or impact of this technology on farming.

    This is the equivalent of the first transistor, except it is going to conquer the world within five years, not several decades. It will also redistribute farm land. Unfortunately, land will aggregate in a few, extremely large, corporations.
     
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  20. Smokie

    Smokie Well-Known Member

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    It is amazing to see how far things have come and continue to evolve. I think in the agriculture industry it is even more astonishing when you think about it.
     

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