Stock Market Today: Wartime Industry

February 22, 2022, 11:35 am EST

Wartime Industry

As the wartime started yesterday, February 21, 2022, from the Russian invasion, the stock market responded with DJIA down -300 points or near -1% drop across all indexes. Key support levels are wiped out for DJIA, S&P 500, and Nasdaq. Please be aware of the fact that it is the beginning of a major downtrend.

Three major disasters for a human being are diseases, war, and famine. In the past couple of years, everyone on this earth was going through the COVID-19 pandemic. This time we would need to face wartime. Most likely, the war will spread to other parts of the world so we consider the scale and scope are worldwide levels. Although most industries and businesses will suffer, there are some industries that could grow during wartime. 

  • Defense: GD, LMT, LHX, NOC, MANT, CW
  • Diversified Industrials: HWM
  • Medical Equipment: MDT, SNN

Please note that most traders and investors are likely to lose money during the bear market. So, if you are unsure what to do in your investment, holding a cash position is also a good choice. If you do not lose money during the bear market, you probably beat 80-90% of the percentiles of traders and investors.

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