Let's trim some #RTN for a profit; I've had a big defense position for a long time, so let's book some gains to be safe. Price: $182.70, sold about 20% of the position.

I'm a huge believe in defense stocks, and I think they are potentially poised to move higher again after we get past the mid-term elections. I think, regardless of the election's outcomes, #RTN, #HII, #NOC, and #LMT are in good position. If the Republicans hold the House, I think you could see a sharp move higher. And if the Democrats win, I think a small "relief rally" could happen since the expectations seem to be that the Democrats will win the house. Either way, fundament

#RTN is the perfect stock for this market, and if you're not in, you just got a good discount to buy the past few weeks. I already have a large position, but I wanted to reiterate my conviction in the position. Missile technology isn't going anywhere.