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
Summary: While there still is room for lower movement, we are in territory for a reversal and don't wish to miss the pop. Begin a moderate scaling in....
Context:
Looming debt refinancing ahead.
Theory:
1) DOGE & Congress to clean up the budget
2) Federal debt is at all time highs and coming due in 2026
3) Rumors are to enter a recession to lower interest rates to better finance debt
4) Enter a recession by starting tariff war
4a) Stocks dip
4b) Funds switch from Stocks to Treasuries,
4c) Feds lower interest rates
Task - Reckon when to buy the dip and don't miss the pop.
"What could go wrong" & "Unintended Results)
Factors
1) We are in the range of historical pullbacks percentage wise
2a) Examination of the ES, NQ & YM suggests additional retreat into fair value (small)
2b) Examination finds at the bottom of recent local High Volume Areas
2c) Historically, sell off lasted a bit longer then present (2a)
3) Rumor: Proposal to lower interest rates circulating
4) Present decision: Begin scaling on
Historical Pullbacks
We are at a 10-20% pullback - Severe because of high valuations but not the worse.
Seeking to enter a position in a power transmission company
According to recent data, some of the most profitable companies that own power lines include Exelon, Duke Energy, The Southern Company, NextEra Energy, and Pacific Gas & Electric (PG&E), which are considered top utility companies in the United States based on revenue and market presence; with NextEra Energy often cited as one of the most profitable among them.
Checking the Energy Sector for the largest firms, we are already positioned in GEV:
Happy New Year!
MSFT - Long
Spotted this price action pattern suggesting a long on MSFT and in context with MSFT's posture in AI, the current hot item.
PFE - Consolidation
Pfizer took a beating, I believe, by being associated with the Covid vaccine and aftermath.
LMT Gap Repair
Around July 2024, LMT took off, leaving a gap. At the end of 2024, the gap appears to have been repaired.
PLTR Snapshot
AI is the present darling child. On a whim, we took a position in PLTR near its top, and capture this snapshot.
Apple & Tesla, along with Gold & Bitcoin, are worth more on paper than their companies - Traditional measure doesn't seem to apply.
Both split this morning and we established a speculative position.
In the 5 Year view (top row), both are "ripping" - AAPL has pocket of structural support volumes (blue) while TSLA does not. This means TSLA can fall harder than AAPL.
In the 1 Year view (middle row), structural support volumes (blue) appear for both. Will be good to see these areas beef themselves up.
AAPL - Pay's dividends (reinvesting) and Tesla does not.
