My Lockheed Martin Piece on Pro
New Lockheed Price Target After Huge Breakout | TheStreet Pro
Position: Long LMT, RTX equity
Tweet of the Afternoon
Position: Long AMD equity
New Lockheed Price Target After Huge Breakout
The defense giant is forcing managers to increase long-side exposure.
RTX Breaking Out
Three cheers for the old Raytheon.
Readers can see that RTX Corp. ($RTX) is breaking out on Thursday from a Cup with Handle pattern of bullish reversal. This particular Cup with Handle bears a $204 pivot.
Relative Strength has spiked and the daily MACD has just produced a bullish crossover of the 26-day EMA by the 12-day EMA. Yes, while the histogram of the 9-day EMA moves above the zero-bound.
Target Price: $245
Pivot: $204
Add: As close to pivot as possible
Panic: Loss of 21-day EMA
Note: RTX will likely experience a golden cross either tomorrow or early next week.
Position: Long RTX equity
My $10K Portfolio Piece
The $10K Portfolio’s Fueling Up on Rocket Lab (And Another Stock) | TheStreet Pro
Positions: Long ALTO, EVLV, INSG, OCUL, ONDS, PL, RXT, SOFI, SWBI, VELO equity. Short SOFI, OCUL calls.
The $10K Portfolio’s Fueling Up on Rocket Lab (And Another Stock)
Here’s the plan for Rocket Lab; also, another stock we’re stocking up on today.
Mid-Morning Tweet
Positions: Long LMT equity.
Ahead of the Bell…
S&P Futures: -92 vs FV.
Nasdaq Futures: -489 vs FV.
US 10-Yr Note: $4.716%
US 2-Yr Note: 4.364%
US 3-Mo T-Bill: 3.859%
WTI Crude: $91.24
Gold: $4,050
Silver: $57.58
Bitcoin: $64,992
US Dollar Index: 101.44
positions: Long Gold, Silver, US Treasuries.
Thursday Morning Market Recon
A Google First: Negative Free Cash Flow; Oil Bubbles Higher; Yields Creep Up | TheStreet Pro
Positions: Long LMT, RTX, INTC, IBM equity.