BIG SHORT on NOCBased on the previous uptrend movement that has been made in the previous14 years, it seems that the massive trend has been weakened and due to the breaking the trendline i think it's time to make a sell/short position. maybe befor the big drop we would see a short term of upward trend and this is making a better chance to make a short position.
stoploss of the mentioned position is NOC=483.4$ !
NOC trade ideas
War Giants Greed: Secret Military Industrial Complex TechnologyThe War on Terror: A Cash Infusion: "The global War on Terror" Massive air quotes , initiated in 2001 following the 9/11 terrorist attacks, led to a substantial surge in defense spending, especially by the U.S. This created an economic windfall for defense companies, fuelling their research and development initiatives.
Black Budget Projects: Part of the military's classified "black budget" is allocated to defense companies for top-secret projects. This could include advanced propulsion systems, stealth technology, energy weapons, and yes, even so-called anti-gravity technology.
Alien Technology Reverse-Engineering: Some conspiracy theories propose that defense companies have recovered crashed extraterrestrial spacecraft and are reverse-engineering their technology for military purposes. This narrative often ties back to the infamous Roswell incident in 1947, where it's suggested that debris from an alien spacecraft was collected and studied.
UFOs as Military Aircraft: Another common theory suggests that some UFO sightings are actually sightings of advanced, top-secret military aircraft developed by defense companies. In this theory, the strange movements and high speeds of these UFOs can be explained by undisclosed technological advancements.
Government and Corporate Secrecy: Conspiracy theories often hinge on the idea of widespread secrecy among governments and corporations. Theorists suggest that these entities possess advanced technology (possibly of extraterrestrial origin) but keep it secret for reasons of national security, profit, or control.
Area 51 and Skunk Works: Area 51, a classified remote detachment of Edwards Air Force Base, is often mentioned in conspiracy theories. Lockheed Martin's Skunk Works, known for developing groundbreaking aircraft like the SR-71 Blackbird and the F-117 Nighthawk, is also rumored to test new technologies there. These rumors fuel theories of secret advanced technology development.
Advanced Technology Suppression: Some theories suggest that highly advanced technologies, such as zero-point energy or anti-gravity, have been discovered and are being suppressed by defense companies, the military, or powerful elites. The rationale behind these theories varies, but common themes include maintaining control over the populace and protecting established industries.
1. Lockheed Martin Corp (LMT): $95 billion
2. Boeing Co (BA): $132 billion
3. Raytheon Technologies Corp (RTX): $134 billion
4. Northrop Grumman Corp (NOC): $57 billion
5. General Dynamics Corp (GD): $44 billion
6. L3Harris Technologies Inc (LHX): $42 billion
The U.S. Department of Defense only represents a portion of these companies' business, as they may also have contracts with other parts of the government, as well as with foreign governments and private entities.
For example, in 2020, Lockheed Martin reportedly received $75 billion in contract obligations from the U.S. government,
--Boeing received about $28 billion
--Raytheon about $27 billion
--Northrop Grumman about $19 billion
--General Dynamics about $15 billion
--L3Harris about $9 billion.
These figures are for one single year and only for U.S. government contracts.
NOC WCA - Head and Shoulders PatternCompany: Northrop Grumman
Ticker: NOC
Exchange: NYSE
Sector: Defense
Introduction:
Hello, and thank you for reading this analysis. Today, we focus on Northrop Grumman (NOC) on the NYSE. The weekly chart shows a potentially significant head and shoulders pattern that deserves our attention.
Head and Shoulders Pattern:
The head and shoulders pattern is a classic chart formation that can indicate either a bullish continuation or bearish reversal, depending on its orientation and the preceding trend. In this case, the pattern has formed over 441 days, making it noteworthy.
Analysis:
The NOC chart shows a clear uptrend, as demonstrated by the green upward sloping line and the position of the price above the 200 EMA. Both of these factors contribute to a bullish sentiment.
However, the formation of the head and shoulders pattern introduces an element of uncertainty. The neckline of this pattern, which currently acts as support, is at 431.61. A break below this level could signal a bearish reversal, offering a potential shorting opportunity.
On the other hand, a break above the right shoulder could indicate a continuation of the bullish trend. Given the existing uptrend and the position above the 200 EMA, the probabilities currently favor a continuation.
Conclusion:
In summary, Northrop Grumman's weekly chart presents a head and shoulders pattern within an uptrend, offering potential trading opportunities in both directions. Therefore, this is a chart to watch closely in the coming days.
As always, it's important to manage your risk appropriately and ensure that any trading decisions align with your overall investment strategy.
Please note that this analysis does not constitute financial advice. Always conduct your own research before making investment decisions.
If you found this analysis helpful, please like, share, and follow for more updates. Happy trading!
Best regards,
Karim Subhieh
NOC swing trade ideaNYSE:NOC reports on Thursday. It's still 15% off of its ATH. It's been in an uptrend and putting in HL and HH's this year. They beat on revenue and EPS last quarter. There have been a lot of down revisions to estimates, while NOC has a strong history of beating estimates.
I'm setting up for a short term trade that assumes a beat. Entry at $472. Targeting overhead resistance at the 200SMA and the top of the gap from the Jan 12 drop to take profit. Setting a stop at $462, which is 1 20 period ATR below the 0.382 of the current extension.
NYSE:LMT
Defence stocks ideas: $NOCNOC is one of the best performing large cap investments of the last decade but has gotten expensive with a PE (fwd) of 21.45x.
Despite the optically rich valuation, worries over limited returns in future are not warranted as the business is positioned to continue growing revenues and earnings.
NOC is investing in future growth by doubling down its investments in space and ramping up capex to stay competitive through initiatives such as in-house chip fabrication.
It has used its strong cash generation to grow dividends for 17 straight years and has also made use of buybacks to reduce its share count and boost EPS.
Investors waiting for it to get cheaper might miss the long-term opportunity
Symmetrical TriangleRectangle noted that NOC was in before breaking up to form a symmetrical triangle only to break down from the triangle.
Strong stock but perhaps the big guys have decided to run another sector in to sky scraper land for now.
No recommendation/Short entry with a clean break of support line and a downtrend. The support line is broken today but a clear downtrend is not noted.
NOC | Time to Start Nibbling | LONGNorthrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.
Northrop Grumman (NOC)Transfer of ABRAMS and LEOPARD 2 tanks to Ukraine has become unblocked. Ukraine would have requested, so it seems, over 300 tanks, deemed necessary to replace the losses suffered especially in recent months, to increase firepower and move on the most difficult terrains. Tanks will necessarily need air cover. Tanks are always dangerous, because in fact we pass from a positional/artillery war to an offensive one. The tanks are the real "boots on the groud" and I don't think they will be only for the defense of the Ukrainian territory. It is rapidly moving to a new level of confrontation.
NOC buyyyyyAfter all those months of running, we finally got the retracement. This is where things get interesting! I think NOC sets a bottom here @460.77. Friday there was a pretty considerable call that hit the tape. Strike: $500, Expiration: 5-19-2023 Premium: ~$475k, filled @19.60 avg. For this to go itm, NOC needs to move up roughly 8.5% by May 19th. Considering NOC atr, this isn't a bad trade. I'm positioning myself long
NOC sustain its bullish momentumDespite all the uncertainty this year, NOC’s stock continues forward
on its long-term uptrend. As long price holds above 470, there are
many reasons to be bullish in 2023. Strong momentum and the
bullish patterns reflect optimism in the market.
In short-term price is likely to remain volatile in a range between 480
and 560, however long-term momentum points to the higher levels
between 700 and 770 by the end of 2023.
12/16 Expiration, Iron Condor Trade Idea, $NOC$NOC
Iron Condor Idea
12/16 Expiration
+1 $575 call
-1 $570 call
--{$526.03 current price}--
-1 $410 put
+1 $405 put
Credit +/- $150 (TBD).
Liquidity is NOT GOOD on $NOC. Spreads are wide. But you never know, sometimes you get a favorable order fill when you least expect it.
Short Condor Idea for 10/21 ExpirationNOC- Short Iron Condor Trade Idea:
Expiration Oct 21st (73 Days (an eternity...)).
Strike Prices to create IC:
Long Call: $545.
Short Call: $540.
------
Short Put: $400.
Long Put: $395.
Filled @ $100 ($1.00) credit (as of 8/9 not long after open).
$500 Collateral.
Risk:Reward Ratio: $400:$100, or 4:1.
Short strikes can accommodate approx. 16% down and 13% up from current price (8/9 mid-day).
Good luck trading!
Northrop Grumman CorporationNorthrop Grumman Corporation is a global aerospace and defense company. The Company operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems.
Over the past 5 months, price has formed an ascending triangle chart pattern with the horizontal boundary acting as strong resistance around the $490.00 level. A daily close above the $497.00 level will confirm the breakout from the 5-month-long ascending triangle with the possible chart pattern price target around the $557.00 level.