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Raytheon Update

Raytheon Update

Raytheon is set to release their Q1 results before Thursday’s open.  Heading into the news the stock is setting up well for a fresh rally leg.  Since the post Christmas rally ran out of steam in mid February RTN has been consolidating in a very narrow range just...

Cenovus Energy (CVE): Update

Quick update on Cenovus Energy (CVE), the Canadian heavy sands oil company that I wrote about in early March when the stock was trading around $9/share. It has moved substantially higher since then and is trading at $10.45 as I type this note. Absolutely MONSTER...
Northrup Grumman Update

Northrup Grumman Update

Ahead of tomorrow morning’s Q1 earnings report shares of Northrup Grumman are moving well.  The stock is up over 3% and is moving past layers of heavy resistance.  Other big defense names are also rallying of late.  Lockheed Martin reported excellent numbers...