Posted by morton13 on 17th of Sep 2014 at 08:40 am
NASA awarded a $6.8 billion contract to Boeing (BA +0.80%) and
SpaceX, of which Boeing will receive $4.2 billion, and SpaceX will
receive $2.6 billion, for the commercial flight of astronauts to
the International Space Station
Posted by morton13 on 17th of Sep 2014 at 08:33 am
The defense contractors are on the move because there is talk in
Congress about removing the budget constraints put on them in the
sequestration effort last year. Makes sense, since we seem to have
declared war again, and there are credible analysts who argue the
U.S. will be entangled in fighting in the Middle East for another
decade.
None of the pure defense stocks are cheap on an intrinsic value
basis, but there are so few of them that when all fund managers
decide to own them they have to bid up the shares -- plain and
simple, economics 101. One of the few that is a little undervalued
is L3 Communications(LLL), and it has mounted a
furious rally from a gap-down low hit in July.
Honeywell
(HON), which makes avionics for advanced aircraft, is genuinely
cheap, about 45% undervalued according to the Parallax model. HON
is being held back by its construction-related business, but that's
probably temporary.
Boeing(BA) is not cheap, but after being grounded
this year it should be ready to take off before long too.
The community is delayed by three days for non registered users.
AOL
Posted by morton13 on 19th of Sep 2014 at 08:50 am
daily, may breakout here.
NVGS
Posted by morton13 on 18th of Sep 2014 at 03:58 pm
daily, w/breakout
nice one!
PRU
Posted by morton13 on 18th of Sep 2014 at 02:50 pm
BAC
Posted by morton13 on 18th of Sep 2014 at 01:11 pm
daily, continues to do well.
thanks I bought in low 61
TGT
Posted by morton13 on 18th of Sep 2014 at 12:59 pm
TGT
Posted by morton13 on 18th of Sep 2014 at 11:15 am
daily, doing well.
of course the will help Boeing too!
Boeing IH&S
Posted by morton13 on 17th of Sep 2014 at 08:40 am
NASA awarded a $6.8 billion contract to Boeing (BA +0.80%) and SpaceX, of which Boeing will receive $4.2 billion, and SpaceX will receive $2.6 billion, for the commercial flight of astronauts to the International Space Station
I like it also....from my morning newsletter
Boeing IH&S
Posted by morton13 on 17th of Sep 2014 at 08:33 am
The defense contractors are on the move because there is talk in Congress about removing the budget constraints put on them in the sequestration effort last year. Makes sense, since we seem to have declared war again, and there are credible analysts who argue the U.S. will be entangled in fighting in the Middle East for another decade.
None of the pure defense stocks are cheap on an intrinsic value basis, but there are so few of them that when all fund managers decide to own them they have to bid up the shares -- plain and simple, economics 101. One of the few that is a little undervalued is L3 Communications(LLL), and it has mounted a furious rally from a gap-down low hit in July.
Honeywell (HON), which makes avionics for advanced aircraft, is genuinely cheap, about 45% undervalued according to the Parallax model. HON is being held back by its construction-related business, but that's probably temporary. Boeing(BA) is not cheap, but after being grounded this year it should be ready to take off before long too.
and a Scotch on Friday?
Upcoming Events
Posted by morton13 on 16th of Sep 2014 at 11:55 am
LNG
Posted by morton13 on 16th of Sep 2014 at 11:55 am
daily, nice bounce off the 20
ok thanks will keep it on a tight stop.
BPT
Posted by morton13 on 16th of Sep 2014 at 11:53 am
WPX
Posted by morton13 on 16th of Sep 2014 at 11:44 am
daily, in here.
BPT
Posted by morton13 on 16th of Sep 2014 at 11:41 am
daily, back in.
thanks for sharing
Seasonals
Posted by morton13 on 16th of Sep 2014 at 09:01 am
AAPL
Posted by morton13 on 15th of Sep 2014 at 04:08 pm
big short for tomorrow??
PCRX
Posted by morton13 on 15th of Sep 2014 at 04:07 pm
daily, breaking down.
AA
Posted by morton13 on 15th of Sep 2014 at 09:53 am
daily, big divergence and losing its long trendline.
BPT
Posted by morton13 on 12th of Sep 2014 at 03:22 pm
daily, selling at breakeven not panning out.
PIMO looking interesting....
BDSI
Posted by morton13 on 12th of Sep 2014 at 10:48 am
daily, making a new high today.
nice chart, thanks
de
Posted by morton13 on 11th of Sep 2014 at 04:57 pm