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So as world markets plummet, Lockheed Martin soars
Posted on 8/5/24 at 11:02 am
Posted on 8/5/24 at 11:02 am
Today’s/Black Monday numbers aside, of course ….
Why is one of the biggest military industrial complex stocks in the world pumping while the rest of the market is dumping?

Why is one of the biggest military industrial complex stocks in the world pumping while the rest of the market is dumping?

Posted on 8/5/24 at 11:03 am to EKG
Middle East is about to kick off
Posted on 8/5/24 at 11:03 am to EKG
Because the Middle East is about to blowup and they are the ones that will supply the bombs that do it.
Posted on 8/5/24 at 11:05 am to EKG
I wish Bannon was on War Room today.
Posted on 8/5/24 at 11:05 am to EKG
Can’t we have an Any War at Any Time in Any Location for Any Duration Index Fund?
Posted on 8/5/24 at 11:11 am to EKG
Lockheed Martin is down today. Just over 2 points.
Posted on 8/5/24 at 11:11 am to lsuguy84
Posted on 8/5/24 at 11:12 am to doubleb
quote:
Lockheed Martin is down today. Just over 2 points.
Hence my qualifier/first sentence: “Today’s/Black Monday numbers aside, of course ….”
Posted on 8/5/24 at 11:12 am to EKG
The market hit record highs a week ago.
The market dropped severely after that.
The market dropped severely after that.
Posted on 8/5/24 at 11:15 am to EKG
That screenshot is very misleading. show the X-axis.
Posted on 8/5/24 at 11:18 am to EKG
"JUST IN"
"up +23% in one month"

"up +23% in one month"
Posted on 8/5/24 at 11:22 am to EKG
Would like to see how many in Congress have stock in the MIC.
Posted on 8/5/24 at 11:27 am to EKG
quote:
In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.
Posted on 8/5/24 at 11:27 am to Don Quixote
LINK ]Lockheed Martin Up Nearly 4% In Overnight Trading Amid Escalating Tensions In Middle East And Global Market Sell-Off - Benzinga Financial News & Data
quote:
What Happened: The stock of the American aerospace and defense company has risen by almost 4% in overnight trading on Robinhood Inc.. This follows a week in which the stock has seen a nearly 9% increase.
The U.S. is increasing its military presence in the Middle East as a defensive measure to de-escalate tensions in the region, a White House official revealed on Sunday.
The recent assassination of Ismail Haniyeh, the leader of the Palestinian Islamist group Hamas, in Tehran, and a strike in Beirut that killed Fuad Shukr, a senior military commander from the Lebanese group Hezbollah, have heightened regional tensions.
There are concerns that the conflict between Israel and Palestinian militants in Gaza, which began last October, could escalate into a wider Middle East conflict. Iran and Hamas have accused Israel of Haniyeh’s assassination and have vowed revenge, raising the specter of further hostilities.
quote:
Why It Matters: The surge in Lockheed Martin’s stock comes amid a deepening global market selloff, with Japanese stocks experiencing a significant drop.
This has sparked concerns among top financial experts, including Mohamed El-Erian, the Chief Economic Advisor at Allianz. The situation has been further compounded by the appreciation of the Yen, currently trading at 145 to the dollar.
Despite the global market turmoil, Lockheed Martin’s stock has been on an upward trajectory, building on its strong performance in the previous week. The company was also among the top performers in the large-cap stock category last week.
Posted on 8/5/24 at 11:31 am to OccamsStubble
quote:
Can’t we have an Any War at Any Time in Any Location for Any Duration Index Fund?
Any fund that trades in defense stocks will qualify.
Posted on 8/5/24 at 11:59 am to EKG
Because at the end of the day, might makes right.
It's been that way throughout all of history. Only our sissified western elites are foolish enough to think human behavior can change just because they are in charge.
When there is a fight for survival, the warrior is king.
We're not to that point yet, but we need to be reminded why our own founding document took "provide for the common defense" so seriously.
It's been that way throughout all of history. Only our sissified western elites are foolish enough to think human behavior can change just because they are in charge.
When there is a fight for survival, the warrior is king.
We're not to that point yet, but we need to be reminded why our own founding document took "provide for the common defense" so seriously.
This post was edited on 8/5/24 at 12:00 pm
Posted on 8/5/24 at 11:59 am to mikesliveisacheater
quote:
Because the Middle East is about to blowup and they are the ones that will supply the bombs that do it.
B I N G O !!!
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