Lockheed Hangs Tough

Lockheed Hangs Tough

Lockheed Martin is not giving back an inch today.  Despite the broad market sell off, and an overbought(daily MACD) reading, LMT is in the green at mid day and remains well above this month’s lows.  The powerful upside momentum released back on April 23rd...
SH

SH

On May 6th we mentioned using SH as a hedge against the longs with a close above 27.15. Stop on a close is 26.67.