War must be good for business, LMT Target 385-390 USDHey All,
When wall street and some fo the major NYSE and Nasdaq listed companies are experiencing a slight turmoil, Lockheed Martin (LMT) stands head and shoulders above them all which hints that there might be stuff in play that might not be obvious to us, mortals. Yet the expectations are priced in and it looks like USA's war machine is being lubed up right about now.
Wall Street was expecting big things from Lockheed Martin's (NYSE:LMT) first quarter, and the company more than delivered. Lockheed reported earnings of $5.99 per share, easily beating the $4.32 consensus estimate and well above the $4.02 per share it earned a year prior. The company also reported a massive backlog and stronger-than-expected operating margins, and raised its outlook for the full year.
Another year ahead and investors are again expecting great things from LMT and judging from the price trajectory, and overall strength of the trend I suspect that we will see a surge of the company's stock price and new levels of 385-390 USD per share.
Keep that war machine lubed up and enjoy your earnings!
Cheers
Archie
LMT
ARE INVESTORS PREPARING FOR WAR BREAKING OUT?What has Bitcoin and Lockheed Martin got in common? I show how both have been resistant in recent weeks to corrections in the S&P500, and one possible contributing factor. Why is any of this important? Well - war is a serious systematic risk to all traders and investors. (See disclaimer below).
Am I saying there is going to be a war? I am NOT! Am I predicting war? I am NOT !
So what I am saying is:
1. Fears of war - real war - could be one important contributing factor among several others, that drives people to put there value into a very volatile instrument such as Bitcoin. In other words investors and small people are so scared that they willing to sail very 'unpredictable seas'.
2. The gap up on Lockheed Martin at 23rd April was not closed. Price began following a parabolic curve that was resistant to the correction in the S&P500.
3. Lockheed Martin is without doubt about war. This is where the US Government will push their money when preparing for a war. Preparation for war does not mean war will happen!
4. You and I won't be told by the US Govt, ' Hey guys, we're going to war... get ready. '. These are very deep decision-making issues that happen well outside the knowledge of the public.
5. The gap up on 23rd April on LMT may be your only signal of what's possibly coming.
Previous post in April below:
FAT DISCLAIMER: This post is speculative. It is labelled 'long' only because the technical picture suggest further price advancement in the longer term based on the current 8H trend analysis. This is not advice or encouragement to trade securities or any other instrument. No liabilities accepted for your loss should you make decisions or feel influenced by this post. In other words, sue yourself if you lose your money.
Brink of War?The charts never lie..
Conflict between the West and Iran is brewing.. German jets go down an the media spit out instantly that two high tech military planes crashed into each other (yeah fucking right).. as certain parts of the internet go down (cloudflare and other services). Oil attack after Oil attack.. Digital attacks on Iran already targeting military objectives.
S&P500 looking weaker and weaker.
Bitcoin has been running parabolic for 3 months straight now.
Lockheed Martin about to break out (military contracting/high-tech weaponry defense company) ~ most likely due to Iran tensions / Brink of War?
Gold is absolutely surging now, which I've been saying to watch since Q3 2018. Gold runs during time of uncertainty, usually while S&P500 finds its triple top and retraces.
It's like watching a horror story in slow motion.
The US war machine is in a trade war with China.. Iran is China's biggest exporter for Oil.
Economy looks fucked. Don't get into too much debt hey?
There's a reason banks are barely lending at the moment.
THIS COULD BE A SIGN OF WARYou won't find much on this in traditional mainstream media outlets. They're usually late. Events unfolding in relation to the Strait of Hormuz are either hotting up or have already happened.
I've been tracking LMT for some time. I couldn't understand the sudden pulse on daily shares on 23rd April. I had wondered if it meant war started but nothing was in the mainstream media. What does LMT produce? Who fund them? Read up!
Well...well, the chatter come out of that region through non-traditional channels is that something is happening on the ground.
Then strangely yesterday I spotted moves on the eastern and western markets suggesting an about turn - across forex and market indices. You wouldn't have seen that unless you were looking across 10 min time frames.
What's next? Well I'm not a news channel. So, get going and do your own research. This is about systematic risk.
Golden week isn't over yet. Strangely the Yen is powering up madly and AUD is buckling. Think - outside 'the box'.
This post is speculative and may be totally wrong. Do not make financial decisions based on this. But you could get prepared if you find sufficient evidence. Getting prepared is about the biggest thing in trading.
AJRD - Defense Budget SpendingAug 13 approval of D-plan spending. This one to join top 5 D-stocks.
Call it a vice stock. Come to own conclusions.
$LMT Inverted H&S on Daily$LMT Lockheed Martin has formed what appears to be a very clear inverted head and shoulders pattern on the daily chart over the last 3-4 months. Up nicely today after UBS initiated coverage with a Buy rating and $400 price target. Will be looking for a break through $330 level for confirmation. Another positive sign, the 50d ema is turning back north about to crossover the 200d.
Near term target - $336.50
Medium term target - $363.00 (previous all time high)
Note: Informational analysis, not investment advice.
Lockheed Martin illogical reaction on positive news = buying oppLMT bleeped on my radar just now as it went down more than 7% despite going up by 1% in pre-market.
The move came in after new results were out, I'll quote some of them and you be the judge if this fall is organic:
"- earnings of $1.2B, or $4.02 per share, compared to $78M, or $2.69 per share, in the same quarter a year ago.
- Quarterly cash deployment: Cash from operations of $632M after pension contributions of $1.5B; Capex $216M; Repurchased 900K shares; Paid cash dividends of $586M; Record backlog of $105B.
-Raised outlook for 2018: Diluted earnings per share (GAAP) of $15.80-$16.10 (from $15.20-$15.50), on net sales of $50.35B-$51.85B (vs. $50B-$51.5B)."
Absolutely a buy in my book, would give it one more day to see where it will consolidate, but expecting the comeback to be swift as it has been each time the previous pullbacks occurred.
Buy LMT On This PullbackLMT has dropped from an all time high and has retested the support zone as highlighted in the rectangle in the chart.
As you can see, LMT has an upward sloping 50 and 200 day SMA. This shows that LMT is in a solid uptrend. Although we are currently below the 50 day SMA, we are still well above the 200 day SMA.
Trade Idea: Now would be a good time to buy a half position. You can buy another half on a dip to the 325-330 zone. Your stop loss is just below 325, and your profit exit is around 360. You risk 10 dollars for a reward of 20 dollars. That is a good risk:reward ratio.
Trade Idea Of The Week In KTOS!Please note that I am a swing trader. When I enter a position I am looking to hold anywhere from 1 day to 3 months depending on the momentum, but the average is around 7 market days for my hold time. I think it is important to know how we're looking to trade this as different strategies will provide different results even on the same stocks. Here are some quick bullet points on why I like this stock for this week:
-The aerospace and defense sector is looking extremely strong right now (although somewhat extended like the rest of the market)
-The monthly, weekly, and daily charts all look coiled and ready to go higher
-Price looks to be firing out of a squeeze at longterm support
-Volume is picking up nicely
Remember to always trade within your system and trade what you see, not what you hear, feel, or fear.
Best of luck!
Long term investment in Lockheed Martin Corporation If you are interested in warfare technology and you want to invest in stocks long term, you should buy Lockheed Martin Stocks.
The stock prices rose after the innovation of stealth fighter jets,war news.
United State's power is based on that kind of warfare corporations and even in the broken economy cuz of political crisis and war, LMT stocks shall rise.
Investing in LMT stocks can be profitable cuz of US and North Korean crisis.
LONG POSITION - 2 Possible entries - Lockheed Martin (LMT)Sector: Industrial Goods
Industry: Aerospace/Defence Products & Services
BASIC INFO:
Lockheed Martin Corporation is a security and aerospace company in the research, design, development, manufacture, integration and sustainment of technology systems, products and services worldwide.
It operates through four segments:
Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems.
Earnings over the last 4 quarters have been better than estimated as well as a few big contracts awarded to the company finance.yahoo.com . Price/Earnings for LMT are still above the industry average by at least 50%. Earnings Forecasts also look promising with a rising earning per share forecast over the next 4 years. Return on Equity gets a passing score as it has also been increasing for at least two consecutive years.
Here are 2 possible entry points to get in on the Lockheed Martin(LMT) up trend:
Price has been trading high above the 50 day moving average for the last month but still within the trend range. However this might indicate a posable correction back to the moving average and we might also have resistance around the 300 mark so we need to be careful of that.
Option 1 - The price pushes straight through 300, has a small resistance wobble and carries on with its up trend (MA50 might stop this happening).
Time to get in would be after we’re sure resistance has been broken i.e. 302.
Option 2 - Price rebounds off top trend line or the 300 mark forcing price to retrace closer the the MA50 and to the bottom trend line (Red Dotted Line) before attempting to break the 300 while moving with its average.
Time to get in would be after we have rebounded off the bottom trend line (Red Dotted Line) and have seen a day or two of positive price action.
For this stock my preference would be to aim for a stop just below the bottom trend line (Red Dotted Line) as this could be an indicator the trend is over. However as the trend continues I would add to the position every time the price bounces off the bottom trend line (Green Arrows).