Lockheed Martin Up in Pre-Market Lockheed Martin (NYSE: LMT) announced today their 2Q20 Earnings report showing a net sales of $16.2 billion showing an increase from the previous year second quarter earnings of just $14.4 billion. While many other company have done poorly in the aviation industry we are seeing those that are in the … Continue reading Lockheed Martin Up in Pre-Market
Turbulent Airline Stocks in the Pre-Market Today is Thursday February 27th, 2020. Over the last 2 weeks the market has seen a 9% drop on indices such as the Dow Jones Industrial Average. The market has been been extremely volatile as the fear regarding certain global conditions continue to rise. A few of the aerospace … Continue reading Turbulent Airline Stocks in the Pre-Market
The Aviation Sub-Sectors The start of the week was a bit chaotic as some sectors started pushing up while other lagged behind in the big picture. Overall the market had a lot of stocks that moved generally sidways with a slight bias to the downside. As stocks across the board noticed a strong rally last … Continue reading Pre-Market Overview
FedEx ended off the day yesterday with some poor news. At the close of the market FedEx closed the day by releasing the earnings report for the last quarter just under forecast. This morning in our Pre-Market session we are seeing the results of the earnings release from FedEx. Screenshot from Investing.com Revenue was estimated … Continue reading FedEx Falls on Earnings
The start of the week was rough for airlines and aviation companies across the board. We saw a lot of sharp price action in the pre-market session early morning on Monday after the news of an Oil Refinery in the middle east being attacked. The attacked on the Saudi Oil refinery damaged about 50% of … Continue reading Did We Drop Down Too Fast?