LMT a defense large cap dips for buyers LONG

5월 29일

LMT has been flat sideways since a good earnings beat 5 weeks ago. Lockheed Martin as a

defense contractor is in a growth environment with the US supplying arms to Ukraine as well

a Isreal. Domestic stockpiles and those of NATO are somewhat depleted. The contraacts will not

catch up for years. Gone are the days of making face masks and gowns during COVID to keep

revenues flowing in. I see this 2% dip as a change to get a small discount on what should

be a stock with upside for some years to come. This is a long swing trade not expectant of

a 3-4% profit in a week. I expect to hold this at least until the next earnings if not through

the presidential elections where the defense and national security perspectives of the

incoming or returning president may be a factor in the fundamentals of defense contractors.

6월 5일

액티브 트레이드

Price is now 3% above entry. Stop loss moved to break even.

6월 7일

노트

LMT made a small move higher.

6월 8일

액티브 트레이드

Price $12 above entry. Will take a partial at the high of day on Monday's session.