iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,431 Blog Posts

Let’s Go To War

With the elections around the corner and John (Rambo) McCain as a candidate, it’s a good idea to be long military stocks, especially with Russia getting all besides themselves with their low-end tanks in the Caucuses.

In short, once upon a time, “The Fly” was thoroughly versed in the industrial-military complex. I have vast experience in buying/selling the names, dating back to the Civil War (“The Fly” was a stock broker in all of his previous lives).

I like the unmanned aircraft producers, which include ARGON ST, Inc. [[STST]] and AeroVironment, Inc. [[AVAV]] . Some of the big dogs produce unmanned aircrafts too, but it represents a small portion of overall revenue.

In addition, I like all of the big players, which include: General Dynamics Corporation [[GD]] , Lockheed Martin Corporation [[LMT]] , Alliant Techsystems Inc. [[ATK]] , L-3 Communications Holdings, Inc. [[LLL]] and Northrop Grumman Corporation [[NOC]] .

Some niche/marginal players include:

FLIR Systems, Inc. [[FLIR]] , Force Protection, Inc. [[FRPT]] , Ka0man Corporation [[KAMN]] , TransDigm Group Incorporated [[TDG]] , American Science & Engineering, Inc. American Science & Engineering, Inc. American Science & Engineering, Inc. [[ASEI]] , Esterline Technologies Corporation [[ESL]] , Ceradyne, Inc. [[CRDN]] , HEICO Corporation [[HEI]] and Textron Inc. [[TXT]] , who is also a producer unmanned aircrafts.

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20 comments

  1. John McLame

    I was against it….no for it…..

    damn, I can’t remember.

    Ok how about this… If the military machine will contribute to my cause, I’ll be for it.

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  2. Mr. Obvious

    http://www.rationalenquirer.org/features/portfolio/

    Home of “The Perpetual War Portfolio”. Wish I could take credit for thinking of it first….

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  3. Jed Clampett

    Ya’ll don’t greedy now, Yah hear?

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  4. TraderCaddy

    Still negative on MLM (Martin Marietta)? They make some fine missles.

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  5. The Fly

    MLM will get smashed.

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  6. boca

    What do you think of RTN?

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  7. buckeye bob

    Whats wrong with this picture – refiners (VLO, FTO) are lower with lower oil prices (and predictions of lower prices to come)? Is demand weakening that much – can’t believe that – I think they might be signaling a bottom in oil – anyone got thoughts?

    Oh yeah I forgot to mention the tropics, Gapping brings up the areas of tropical disturbances – NOAA likes their own terms. UNG getting to seasonal low here

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  8. gappingandyapping
    gappingandyapping

    I think JBLU is a major short here. Its run up to resistance and is on falling volume. If oil spikes up at all then look out. Also hurricanes are picking up somewhat.

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  9. Juice

    just tell us who makes nukes, cause the next war is gonna be a nukular one.

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  10. Juancho

    Nookala?

    Fly, do you have any Israeli defense firms you’re high on?

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  11. Juice

    Bennet Sedacca

    01:43:09 PM

    Who is the next troubled regional???

    Last quarter I focused on Keycorp (KEY), National City (NCC) and Fifth Third (FITB) as disaster candidates.

    My new favorite is Zions Bancorp (ZION), via puts.

    They have a real problem. They tried to float $200 million in preferreds at 9 1/2% and got $47 million done.

    The company’s debt, when you can get a bid, trades +970 to Treasuries.

    And oh yeah, S&P downgrades it and yet the company says it is going to raise core capital and maintain its dividend.

    Right.

    I recall lots of other regionals and GSE’s saying the same thing.

    Target. $5-10.

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  12. nullpointer

    VNBC

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  13. sniper6

    I go on vacation, and this is what I come back to? Where is my $150 oil?

    No wonder I never go on vacation.

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  14. Woodshedder

    Merlin says, “Poof, your BAK puts are money!”

    Thats BAC, for you fricking losers.

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  15. Cajun

    Well done Wood.

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  16. BPOE

    Everything went super positive for FXP at 15:00 yesterday.
    Could not get in this morning it already was up. Oh well thats what you get when you try to be smart. I was just as happy for the FLY. Go FLY bank that coin!!!

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  17. TraderCaddy

    Your theory is based on the fact that John (Rambo) McCain will win, so what does one buy if Obama (the Appeaser) wins?

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  18. Crazy Short Seller
    Crazy Short Seller

    The uptick rule is for pussies.

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  19. TravelinLight

    Gapping… Continental also a very good short candidate here… in a very clear trend channel going back to the beginning of 2007… bumping up against the top of the channel and the 200 day in the same spot.

    I know, I know… chart chompers…

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