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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%



© 2018 by John Miller, Everybody Trades. 

 

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