The Defense Sector in general seems to be overhyped as if it expects earnings not to matter anymore but the PE/Ratios keep rising as if it's betting on the US to enter a direct armed conflict rather than reality which is that we are simply just providing old unused equipment to the Ukraine. I think in the near future the market will realize this and we will see...
Trade based on Fundamentals and Price action. With Risk Management You will Never loss.
Today's US Mfg. PMI & Jobless Data = Strong dollar + weak Swiss economy result in USDCHF RISE.
Thank you
Yesterday was oversaturated and accordingly super volatile. Although it is worth noting that the strength of the counter-movements significantly exceeded our expectations. On days like yesterday, traders either make a fortune or (which happens much more often) lose their deposits. Often the reason for the loss of the deposit is excessive greed on the one hand and...
$RTN Defense is where my money is! We have all been watching Fox news and by now know that we put 59 Tomahawk missiles in Syria's lap. Those 59 have to be replaced....right?
The next couple of days are entangled with questions. What if.....and if so then what? With all the unknowns I think the market may be a little bearish in most industries. Except for...
