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Geopolitical Tension Is Setting Certain Stocks Up for a Move
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“Buy on the canons…” Pop-history tells us Baron Rothschild said that during the Napoleonic Wars… but there’s a good chance he didn’t.
Whoever really said it wasn’t exactly wrong. Times of conflict, like we’re seeing in the Middle East and in Ukraine and Russia, put upward pressure on defense contractors and oil companies. And, as these conflicts seem to be kicking into higher gear, we’d be foolish to ignore the potential there.
And while I don’t think we’re in “bullish breakthrough” territory yet, I like the setup for the next bullish moves in stocks like General Electric, Lockheed Martin, Raytheon, and a few more.
I’ll tell you all about it right now…
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Whoever really said it wasn’t exactly wrong. Times of conflict, like we’re seeing in the Middle East and in Ukraine and Russia, put upward pressure on defense contractors and oil companies. And, as these conflicts seem to be kicking into higher gear, we’d be foolish to ignore the potential there.
And while I don’t think we’re in “bullish breakthrough” territory yet, I like the setup for the next bullish moves in stocks like General Electric, Lockheed Martin, Raytheon, and a few more.
I’ll tell you all about it right now…
TotalTheo® Unlimited Monthly Streaming:
TheoTRADE 2023 Live Event "A Trader's Paradise"
The Next Big Short Class (Risk Twist Spread)
Weekly Options Trading Advantage Class
Consistent Intraday Strategies and Setups Class
High Probability Trading with In Out Spreads Class:
Day Trading Nasdaq Futures Class with Tony Rago
Don't have thinkorswim? Open a TD Ameritrade Account and get the thinkorswim platform for free here:
Join TheoTrade:
Get Market Cliff Notes delivered to your inbox each trading day:
Get more free videos like these delivered to your inbox each trading day:
Get free thinkorswim® tutorials:
Subscribe to our YouTube channel:
Follow TheoTrade on Twitter:
Become a fan of TheoTrade on Facebook:
Follow TheoTrade on Pinterest: