CAESARS' STOCK SOARS AS ELDORADO OFFER VALUES CASINO OPERATOR AT ABOUT $8.6B 
TRUMP DELAYS ICE RAIDS FOR TWO WEEKS SO CONGRESS CAN REACH DEAL 
FED'S STRESS TEST SHOWS NATION'S TOP BANKS COULD WITHSTAND $410 BLN OF LOSSES 
S&P 500 INDEX NOTCHES 2% WEEKLY GAIN, BUT ENDS FRIDAY SESSION IN THE RED 
THESE FACTORS COULD DRIVE GOLD ABOVE $1,400 OVER THE NEXT SIX TO 18 MONTHS 
BITCOIN PUNCHES ABOVE $10,000 ON CME, FOR HIGHEST TRADE INTRADAY IN A YEAR-PLUS 
'STRANGER THINGS' AND EVERYTHING COMING TO NETFLIX IN JULY 
DOW INDUSTRIALS CLIMB MORE THAN 100 POINTS, NOW ON TRACK TO END AT A RECORD 
DOW INDUSTRIALS WITHIN SPITTING DISTANCE OF OCT. 3 CLOSING RECORD 
FED'S KASHKARI SAYS HE PUSHED FOR HALF-POINT INTEREST-RATE CUT THIS WEEK 

Only Two 52 Week Highs Today BUT HUGE GAINERS

This is a Post from the Symbol Surfing Blog from Mon, Oct 15, 2018.


There are only 2 new highs today.

That's not surprising given the market we're in now.

There are a few things I found interesting.

  1. Both stocks are aerospace & defense stocks
  2. Both stocks were huge gainers
  3. Both stocks are at a record high

This was the news today.

Defense Stocks: L3 Technologies Stock Skyrockets on Harris Merger

nasdaq.com

Will these 2 stocks move higher?

With a big move like this in 1 day, the stock can sometimes move sideways or sell off over the next few days or weeks before regaining steam to move higher.

Are there other aerospace & defense stocks that are set to move as well?

I am scanning the aerospace & defense stocks page and there are some other stocks that look good.

I sorted the Market Cap column to show the highest market cap companies at the top.

The top 3 are Boeing (BA) at $205.74 billion, United Technologies (UTX) at $103 billion and Lockheed Martin (LMT) at $93.30 billion.

I bought LMT on Mon, Aug 13, 2018.

I'm up about 5% and plan to hold this stock for a while.

It also pays a nice dividend.

The other thing to point out is that it's earnings season.

LMT will report earnings on Thu, Oct 23, 2018, while BA and UTX will report earnings on Wed, Oct 24, 2018.

That should be interesting.

Let me know in the comments section!

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Mon, Oct 15, 2018 HRS @ $173.25