The Aerospace and Defense sector has been relatively hot, gaining 4.6% over the past month. Here are my favorite stocks from the sector. Most are breaking out, or have formed bases and look as if they may attempt a breakout in the near future. They are in order of greatest volume to least volume.
[[HON]] My guess is this explodes when it finally clears this range.
[[LMT]] Nice base.
[[GD]] Possible cup with handle forming.
[[DRS]] Looks like a pullback to the pivot point my be in order here.
[[SWHC]] This one has been beaten badly, but might be a good pick when mass food shortages cause everyone the world over to have to protect themselves from cannibals.
[[ORB]] Another nice flag after a breakout.
[[TDY]] Is the this the “Water Pik” company? My mom used to make me clean my teeth with that. It would make my gums bleed.
[[ESL]] Another very pretty chart.
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I only like [[ORB]] from these charts.
The rest look like they are perfect short candidates.
On general principle, I’d stay away from the first three but, unless one expects the vaunted leadership in the US to send troops somewhere else, investing in those companies looks like an opportunity for pain.
I would agree w. the above comment, save for DRS, which looks good too.
The others are definite “wait (for a while) and see.” I think HON shits the bed, as is its wont.