ANALYSIS: Good entry point for defense
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, fundamentally, I don't see defense spending changing.