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I thought as you do. That's why I invested in Haliburton when Trump was elected. I figured the Military/Industrial complex was about to do VERY well. I'm dow
by ghostbrainalpha 9y ago
I thought as you do. That's why I invested in Haliburton when Trump was elected. I figured the Military/Industrial complex was about to do VERY well.
I'm down 20% since Trump was elected. Not saying we are wrong, necessarily.
But its good to check these theories against reality whenever possible.
http://www.marketwatch.com/investing/stock/hal http://www.marketwatch.com/investing/stock/hal
- codeisawesome 9y agoDoes that have to do more with the industry's performance as a whole, or this specific company? I do notice that in order to possibly avoid the arms "looking western", they are focussing on buying & supplying soviet looking weapons instead. Perhaps, the to-capacity usage of black/smuggling routes by various powers (US, NK, Saudi) - would increase business to legal transportation routes? Because the price of being illegal might be driven too high. Thus shipping might actually be doing well... I dunno.
- baursak 9y agoShould have gone with Raytheon, up ~35% since the election. Why HAL anyway, it's more of an oil company than a MIC company?
- mmjaa 9y agoOil companies are the industry, in military-industrial-complex. (Note that it should really be: military-industrial-pharmaceutical complex, since that is a more accurate description of the conglomerates currently destroying the planet..)
- mengibar10 9y agoWhat makes you think Trump is pro-war? My observation that he's against wars unless they are very profitable for the State not necessarily for companies. That is why the stocks are down probably. On the contrary Clinton was pro-war and establishment wanted her to win but she lost.