Comments on: Swing Trade Ideas & Market Analysis 10-13-23 https://rightsideofthechart.com/swing-trade-ideas-market-analysis-10-13-23/ Stock Trading, Investing & Market Analysis Tue, 17 Oct 2023 21:44:09 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: devnat https://rightsideofthechart.com/swing-trade-ideas-market-analysis-10-13-23/#comment-29522 Tue, 17 Oct 2023 21:44:09 +0000 https://rightsideofthechart.com/?p=212569#comment-29522 In reply to rsotc.

Randy, thanks

]]> By: rsotc https://rightsideofthechart.com/swing-trade-ideas-market-analysis-10-13-23/#comment-29520 Tue, 17 Oct 2023 19:11:19 +0000 https://rightsideofthechart.com/?p=212569#comment-29520 In reply to devnat.

I put some additional & specific notes on the daily charts of NOC, LMT, & ITA below but in a nutshell: While the chit-show in the middle east most certainly isn’t a net negative for the defense stocks & despite Biden’s (empty shell) statement in last night’s 60-minutes interview that the US will do ‘everything in our power’ to help Israel, the fact is DC is in political gridlock & we already 86’d any more funding for Ukraine in the most recent extension for the federal budget so the odds of big $$ flowing to the defense contractors isn’t nearly as good now as it was in the past IMO. Either way, see the charts below for key levels & developments.

]]> By: devnat https://rightsideofthechart.com/swing-trade-ideas-market-analysis-10-13-23/#comment-29509 Sat, 14 Oct 2023 18:28:03 +0000 https://rightsideofthechart.com/?p=212569#comment-29509 Randy
Can you share your thoughts on Defense sectors (NOC, LMT) and Treasuries ETF (TLT etc)?

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