Let's look at the charts.
Military contractor could rally higher, but the 'shake out' in early July gives reason to be cautious and longs should consider raising sell stops to a close below $185.
And as the semiconductor sector continues to shine, Brooks Automation is a name to keep in mind.
Also, defense industry names can breathe easier with word of debt ceiling and federal spending deal.
The drone maker already has had a great run this year and its technical signs indicate the move upward could continue.
Here are defense companies to watch as the U.S. responds to offensive threats posed by China and Russia.
Preventing the U.S. dollar from appreciating too aggressively while repairing credit conditions are 'job freaking one'.
After the week's Fed speak, CPI data for June arrives on Thursday.
There is the potential for a vertical spread in the aircraft maker.
Time to review the charts and indicators.