Lockheed has been a good long term performer.
Notice the changes in the slope and channel effects of late. Also note that while price has continued to grow, there is little structural support along the way.
Last year, the Aeronautics group took a big hit, got a new VP, and lost the th generation fighter job to Boeing.
During the 2025 Tariff rumble, LMT was used as a sanctuary holding.
Rebecca Walser - A new analyst on the scene.... Predicting a 30% pullback, due to world wide effect. Covid effects, nations pulling away from the West to the East....
ES/NQ/YM putting in double bottoms at defined levels - Watch to go sideways
Observation
Vanguard front ran my VTI buy at market price
Begin to place limit orders
Check out IEX who beat the HFTs
News Bites:
90 Day pause on Tariffs
We are priced for "nothing to go wrong" (like modern day management)
Walmart & Amazon reaffirmed their guidance and believe they'll weather the tariffs.
Deltek (AI) reports growth has stalled
Healthcare not rallying (rumors of tariff war on pharma)
F - 52 week low - Downgraded to underperform
INTC - In rebuilding period
McDonalds is using Google Cloud AI for upgrading performance
Bonds
Lots of volatility
2-3 Years at 3%
Utilities & Energy down
Starbucks: Reached lower strong price point. New CEO with back to basics approach
Keurig & Dr Pepper upgraded to overweight. Charts are mixed
Good morning, the overnight & weekend Dow, S&P, and Nasdaq has:
1) hit the 50% pullback we spotted a few weeks ago.
2) It also (finally) is near, and in some cases met, the 50 month moving average….
3) Thirdly, price in the three indexes appears to have plopped into what my eyeball judges as a reasonable structural volume….
We’re at the three targets I saw and would imagine seeing some sideway as things get caught up.
Squinting - There appears small gaps in the weekly around December (post election rally) that might be a point revisited.
It’s Monday…..
ES
NQ
YM
