April 11, 2022, 11:11 am EDT
Industries: Common Ground Between Missiles and Beers
What is the common ground between missiles and beers in the stock market? The answer is that both are rising industries today when all indexes are in the red color.
The coming battle in Ukraine and safer harbor for the investment made defensive and consumer staples industries the right place to allocate assets:
- Defense: LMT, RTX, HII, GD, LHX, NOC, AJRD, MANT, MAXR, KTOS, MRCY
- Consumer Stapes: TAP, SAM, STZ
However, it is important to pay attention to the troubled market as Dow Jones is down -200 points (-0.6%). The bigger trouble comes from the Nasdaq index which is down -245 points or -1.8% now.
The rising of missiles and bears underlines the struggle in the stock markets. This signal also serves the purpose for investors and traders to adjust their portfolios accordingly.
