Defense Stocks ..Lead By Northrup Grumman Rocket To The Upside !
US Defense stocks lead by Northrup Grumman ( Chart Shown Here)
rocketed higher on 1/3/20, in reaction to assassination of Iran's Security Chief by the United States.
Look at the breakaway upside gap in NOC on Friday.
This kind of move is an "initiation move",
meaning that it is probably just the beginning of the upside move into defense stocks going forward.
If you are looking for stocks to buy,... look no further.
The reaction of the market the "immediate" big institutional money move into strategic defense stocks in the US,,
has been almost breathtaking in scope.
That the market is taking this event so seriously should alert every trader that the "risk on" of this aggression
could alter"the geopolitical balance in the Middle East, with just one wrong miscalculated move.., by Iran or the US.
Take heed.
THE_UNWIND
1/4/20
NEW YORK
rocketed higher on 1/3/20, in reaction to assassination of Iran's Security Chief by the United States.
Look at the breakaway upside gap in NOC on Friday.
This kind of move is an "initiation move",
meaning that it is probably just the beginning of the upside move into defense stocks going forward.
If you are looking for stocks to buy,... look no further.
The reaction of the market the "immediate" big institutional money move into strategic defense stocks in the US,,
has been almost breathtaking in scope.
That the market is taking this event so seriously should alert every trader that the "risk on" of this aggression
could alter"the geopolitical balance in the Middle East, with just one wrong miscalculated move.., by Iran or the US.
Take heed.
THE_UNWIND
1/4/20
NEW YORK