- Investment Literacy Coach
- Posts
- Jan 8 The defense and security stocks are in rotation
Market
“One of the stocks that is getting more play is $RDDT ( ▼ 0.22% ) Reddit, which has become the #1 social network in UK and is also among the top 3 for GenZ” 😊 😋
NASDAQ went lower on tech selloff as traders move to defense stocks
As the military budget for the next year tops $1.5 Trillion (up from $1T in 2025) stocks including $NOC ( ▲ 1.7% ) $LMT ( ▲ 1.53% ) $RTX ( ▲ 2.84% ) and $KTOS ( ▲ 3.66% ) did well. But these are slow moving, cyclical stocks which means they will get a quick bump and we should be back to AI in a few days or weeks.
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Insights from the portfolio
Video of the day
Today’s video is on NU Bank $NU ( ▼ 2.41% ) the Latin American neo bank.
