October 24, 2023

BUYING OPPORTUNITY IN DEFENSE: CO-PRODUCER OF IRON DOME JUMPS 7.19% ON GOOD EARNINGS

By Nigam Arora & Dr. Natasha Arora

Signal(s) to enter, add, reduce, exit, hold or change.

Iron Dome

Iron Dome that is protecting Israel from Hamas rockets is in the news these days. RTX is the co-producer of Iron Dome. RTX is also the producer of Patriot Missile System that is protecting Ukraine.

Earnings

Earnings are better than expected. The stock is jumping 7.19% to $78.39 as of this writing on earnings.

Core Model Portfolio

RTX is in the core Model Portfolio. Demand for missile defense systems is insatiable. Defense spending is likely to increase across the globe. RTX is a good way to profit from it.… Please click here or the title below to read more.

October 24, 2023

BUYING IN STOCKS ON PULLBACK IN YIELDS, RUSH TO BUY BITCOIN

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Buying In Stocks

Please click here for a chart of 7-10 year Treasury bond ETF (IEF).

Note the following:

The trendline on the chart shows that IEF has been in a downtrend. IEF being in a downtrend means that the yield on 10 year Treasuries has been rising. This has been putting pressure on the stock market. The chart shows that IEF bounced yesterday and is bouncing more today as yields pull back from the psychologically important 5% level.
The pullback in yields is bringing in buyers.

… Please click here or the title below to read more.

October 24, 2023