Looking backward before going forward might be what we teach a teen learning to drive, but for those who want to make their money grow in the market, it is not a good idea. Conventional market behavior is erratic because it operates on the principle just described above. Witness today, for example. How is anything in the market world appreciably different from yesterday? Buy the dips.
– The Danish government has picked U.S. defense giant Lockheed Martin Corp to supply 27 of its F-35 Lightning fighter jets, TV2 News said on Wednesday, citing unidentified sources.
Big money is still moving forward in the global economy, so our job is to find out where it is going. Lockheed might not be the play, but its suppliers could well be. It takes time to build 27 fighter jets, so going forward there will be plenty of “bidness” for Lockheed’s suppliers. Check it out. http://spiderbook.com/lockheedmartin-suppliers.html
BTW, Lockheed is into something else as well … Think moving cargo cheaply.
– Lockheed Martin is best known for airplanes, but recently, the company has looked at bringing back a blast from aviation’s past, with its Hybrid Airships promising an ideal balance between speed and fuel efficiency.
Hey, just sayin’ …
– Recent data from the Conference Board shows that the number of Americans who want to buy a home in the next six months has reached historic levels.
Finally, rising housing demand means more construction, which means jobs, which means economic movement forward. It also suggests Americans are feeling good about their economic situation. Again, who cares about 1st quarter GDP, Disney last quarter, or the price of oil today?
