NEW YORK ( TheStreet) -- When you look at the earnings reports from Wednesday and Thursday, the headlines show that Boeing (BA - Get Report) continues to fly to new highs as Amazon.com (AMZN - Get Report) rockets into a higher orbit, but Caterpillar (CAT - Get Report) remains grounded by reduced demand for heavy construction equipment.On Oct. 22, I wrote, Boeing, Caterpillar and AT&T Headline Wednesday's Earnings and on Oct. 23 I wrote, Amazon, Ford and Microsoft Headline Thursday's Earnings. These posts covered 22 stocks; only five had buy ratings, nine had hold ratings and eight had sell ratings. Even with these cautious ratings 14 stocks traded higher after reporting results with nine of those setting new multi-year or all time highs. Two moved sideways and only six traded lower.
Amazon Rockets, Boeing Flies Higher But Caterpillar Is Grounded
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