Defense stocks have been sneaking under the radar lately as the major stock indexes make new 52 week highs. Most investors will only take notice of these stocks when a war or some type of new conflict takes place. However, it is these stocks that will often react positive before any important military event occurs. It is well documented that their could be a crisis brewing in the Middle East with Iran, and Israel. While there have been tensions in the region for years now, this time oil is involved and that effects the lives of almost everyone in the world. The leading defense stocks have steadily been on the rise since late September 2011. In this Weekly Market Report, we will review three leading defense stocks and find where these stealth market leaders will face important chart resistance. The resistance levels located in this report will serve as powerful trading points and dictate where the stocks should see selling pressure. ...Continue reading here: http://bit.ly/zGm5JZ
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.