I'm posting this here because my point is political.... I just wonder if that could be portending a major armed conflict.
Lockheed, Northrup. Both at 52 week highs. Who knows. In the scale of human history, we are long overdue for a major war, according to my history buff attorney. North Korea, Iran,... what will happen if Trump gets the nod?
U.S. imposed heavy tarriffs on many types/grades of Chinese steel to stop the rampant dumping. Some in May and some kicking in now. This should filter through to profits in Q3, Q4. EU has done the same. Aerospace groups are producing new fighters and bombers as many are entering early stages of obsolescence.
Good info on the steel tarriffs Banjo, I didn't know that. I need to study more. Thats the kind of stuff one uses when buying stocks for their long term portfolio.
Re: weapons producers. http://www.zerohedge.com/news/2016-...the+survival+rate+for+everyone+drops+to+zero)