I have no idea why Cummins Engine (CMI) is up 14% this AM to the $72s; I do see a news event involving Caterpillar (CAT), and Navistar but fail to see a direct connection - I could be missing the forest for the trees. Either way I am going to use this opportunity to cut back my position from a 1.6% stake to 0.6% (I actually bought some yesterday as it spiked downward to its 50 day moving average, but not enough of a stake to mention, so sort of lucked out on those shares)If anyone can decipher why that news is good for Cummins or if there is something else going on behind the scenes with this name, feel free to add a comment. We'll buy back on future pullbacks.[Apr 30: Cummins Engine Excellent Report on Strong International Sales]...

I am doing about 2 weeks worth of transactions in 1 day... exhausting. Just to avoid being a pig I am taking down my Cummins Engine (CMI) by 1/3rd. I restarted this position April 18 as a weak dollar, undervalued US multinational [Apr 18: Restarting Cummins Engine as the Rest of the World Moves on Without USA] in the $53s. I am now looking back at old holdings that are industrial in nature and am going back to Cummins Engine (CMI) - which has great exposure to India and China. This was a previous fund position, that I closed in November [Nov 13: Closing Cummins Engine] correctly anticipating a selloff and weak period for these type of names. Since then, on April 30th it reported excellent earnings [Apr 30: Cummins Engine Excellent Report on Strong International Sales] at which point I sold 200 of my 500 shares in ...