Tag: war

  • If War is Short-Lived, Short these Stocks

    If War is Short-Lived, Short these Stocks

    With the war in the Middle East, keep an eye on defense stocks. Today, for example, shares of Northrop Grumman (NOC) gapped from about $420 to $470.04. L3Harris (LHX) gapped from about $160 to $179.85. Lockheed Martin (LMT) jumped from about $300 to $434.65. General Dynamics (GD) even jumped from $ 215 to $237.60. However,…

  • Oil Gushed to $105 a Barrel… and It Could Get Worse

    Oil Gushed to $105 a Barrel… and It Could Get Worse

    By now, you know Russia attacked Ukraine. “In announcing a major military operation, Russian President Vladimir Putin deflected global condemnation and cascading new sanctions — and chillingly referred to his country’s nuclear arsenal as he threatened any foreign country attempting to interfere with ‘consequences you have never seen,’” noted Reuters. Meanwhile, NATO plans to reinforce…