Aerospace & Defense Sector Overview

I've put together a video covering the Aerospace & Defense Sector and a dozen of the individual components with charts that stood out to me.  As a lot has happened in the markets over the last few weeks that has damped the longer-term bearish case and strengthened the bullish case, a dilemma has developed lately which is a very obscure, or more precise, a conflicting technical picture.  From a longer-term perspective (weekly charts), I continue to believe that the technicals are bearish.  Nearly all major US indices are at or near key multi-year resistance while most or all have recently broken [...]

2013-01-09T12:41:31+00:00Jan 9, 2013 11:57am|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , |Comments Off on Aerospace & Defense Sector Overview