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“Buy on the canons…” Pop-history tells us Baron Rothschild said that during the Napoleonic Wars… but there’s a good chance he didn’t.
Whoever really said it wasn’t exactly wrong. Times of conflict, like we’re seeing in the Middle East and in Ukraine and Russia, put upward pressure on defense contractors and oil companies. And, as these conflicts seem to be kicking into higher gear, we’d be foolish to ignore the potential there.
And while I don’t think we’re in “bullish breakthrough” territory yet, I like the setup for the next bullish moves in stocks like General Electric, Lockheed Martin, Raytheon, and a few more.
I’ll tell you all about it right now…
