New Diamond in the Rough Defense Sector Stock with a Hidden Allure

Plus Updates on Stock and Options Pick

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The stock market is waiting for a catalyst to extend its recovery. The New York Stock Exchange Advance Decline line is within striking distance of a new high, but has still not delivered the important confirmation.

We’ve had some encouraging results of late in the defense industry. So, I’m adding a new defense stock to the portfolio. This one has a surprising aspect to it; which makes it a bit of a diamond in the rough - as the company is poised to gain from the likely upgrade of the U.S. air systems.

I suggest reading through this week’s Smart Money Trading Strategy Weekly, e-mailed separately to all subscribers of this service, as I discuss the current market’s situation in detail.

The Weekender Portfolio is designed for investors with a more relaxed attitude and longer term time horizons that our short term focused Smart Money Passport portfolio. Certainly, last week’s sector wide bet on natural gas is a perfect example of that approach. But when short term opportunities arise, we’ll take them. This week, I’m adding both a stock and an option trade to the portfolio with highly specific instructions to manage risk.

Thanks to everyone for your support.

Thanks also to all the current Buy Me a Coffee members and supporters. Special shout out to new members who now have access to the Sector Selector ETF Service, included, at no extra charge with your Buy Me a Coffee membership.

For active trading, short term trading strategies, check out the Smart Money Passport.

If you’re looking for a slower pace to profits check out Joe’s Weekender Portfolio.

I also appreciate single coffees, which you can buy me here.

If you’re thinking about day trading, my new book – Day Trading 101

will get you started along the right path.

And if you’re looking cut your stress and trade more effectively, visit my Health

Page.

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You’re the music. I’m just the band.