What Did You Buy Today?

[Otter]

(03-18-2020, 11:38 AM)vbin Wrote:

(03-18-2020, 11:34 AM)fenders53 Wrote:

(03-18-2020, 11:13 AM)saimash Wrote: Dont know if this has already been discussed here, but any idea why UTX is getting hamered... I'm thinking of putting a limit order around $65.1
Also thinking of putting a limit order on JETS @ 10.1 and hoping it would bite (although ive taken a beating in Boeing :-( )

My limit orders 100 shares of DIS @ 651. and 100 shares of AXP @ 75.1 just executed this morning.

Your thoughts ???

Threat of a recession, and they sell jet parts come to mind.  Not good for UTX.  They are about to merge with RTN and pick up significant defense contract exposure.

What are your thoughts and other folks on spending cuts on defence? I am eyeing GD, RTN, NOC, LMT but thinking that defense spending will be cut. We are coming out of Afghanistan and if Biden or Berny comes they will cut def spend. Healthcare will get a boost but don't see anything which has taken major beating in healthcare.

The defense industry is a giant jobs program to all 50 states. Jobs are needed right now.