|Day Low/High||229.28 / 232.38|
|52 Wk Low/High||164.70 / 233.48|
This really becomes a story down the road of margin and cash flow.
It is easy to suggest that RTN is up on the heels of fresh U.S.- Iran tensions but the stock has been climbing for several months.
There are two overt threats to market health and by extension to U.S. economic growth.
There is less risk if one has the conviction of opinion in expressing their own view through several options strategies than there is in staking a claim in the equity space.
If you've ever read me, you know that I have long been involved with almost all of these defense stocks at one time or another.
Plus, we preview Wednesday's Trump-Erdogan meeting and check out AbbVie's huge debt offering as well as the new Abode-Microsoft connection.
Defense stocks offer both downside protection and potential upside.
Large-cap equity indices over a month have churned on lackluster interest outside of the high-frequency crowd, and the trucking and rail sectors are outperforming the indices this month.
The Trump and Xi administrations are at least looking at the same page. That's more than nothing.
Let's review the charts and indicators to see what they are showing today.
Let's consider the case of what would be the best odds on favorites to start a new position in the Dow Jones average.
The fact is that there are several highly significant barriers with China still to be satisfactorily addressed before any real progress might be realized.
Plus, defense contractors remain stocks to own as geopolitical risk isn't going away.
The U.S. economy may see a real lift-off in consumer prices due to higher energy prices, even if certain sectors stand to benefit greatly -- as might the trade deficit.
That the market didn't plummet following the strikes on Saudi oil facilities shows big differences in our economy and reliance on foreign oil compared with just a decade ago.
The drone attacks on Saudi oil operations even could influence the Fed's thinking on inflation and rates.
Algorithmic traders, along with the Chinese and the Saudis, will feel the outcome of the oil attacks.
There is no denying that markets got ugly over the last 30 minutes or so of the Thursday session.
And as the semiconductor sector continues to shine, Brooks Automation is a name to keep in mind.
Here are defense companies to watch as the U.S. responds to offensive threats posed by China and Russia.
Obviously My references to oil prices in the Kibsgaard piece were written just ahead of the Iranian Revolutionary Guard seizing a British vessel in the Straight of Hormuz. This has put some pop in oil late on Friday. By the way... the Industrials ar...
Preventing the U.S. dollar from appreciating too aggressively while repairing credit conditions are 'job freaking one'.
What started as a 'small step' 50 years ago this weekend has launched a journey that's really now taking shape in ways never before believed -- for the military, potential civilian travel and coming investor opportunities.
After the week's Fed speak, CPI data for June arrives on Thursday.
While perhaps not good long-term holds at these prices, Raytheon and Northrop Grumman may be good trades.