• Everybody Trades

TRADE: Closing Mantech International

Defense stocks are trading down today in the wake of possible peace/denuclearization in North Korea. #MANT is trading slightly higher, defying the day's trend, so I will take advantage and close out my smallest defense position in order to concentrate on others.


Overall, defense spending looks to remain quite strong worldwide, regardless of news out of North Korea.


Putting stocks aside for a moment, anything that results in more freedom for North Koreans is a huge win for them and the planet. Let's hope some semblance of free trade comes there; look at what free-market-based reforms have done for South Korea. Their people have had remarkable advances in life quality. There's no reason the North should be any different.


Price: $56

Gain: 32.5%



Recent Posts

See All

TRADE: Exiting Alphabet

Closing out the end out of my #GOOGL position for now, as Amazon and Facebook are taking share from them. Management painted a less-than-positive picture on the earnings call. Price: $1,186.64

TRADE: Trimming Raytheon

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.

TRADE: Closing Amgen

#AMGN has some legal risk that has come to light, so I'm just going to dump it and take a very small loss. Price: $190.77

© 2018 by John Miller, Everybody Trades. 

 

Disclaimer

  • YouTube Social  Icon
  • Apple Music Social Icon
  • Google Play Social Icon
  • Spotify Social Icon
  • SoundCloud Social Icon
  • RSS Social Icon
  • Twitter Social Icon
  • Instagram Social Icon
  • Facebook Social Icon