What We're Reading

On December 12, U.S. President Elect Donald Trump took to Twitter to rail against Lockheed Martin for the perceived waste of its next-gen fighter jet program. In his tweet, Trump said:

The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20th.

— Donald J. Trump (@realDonaldTrump) December 12, 2016

News of the tweet consumed CNBC and other news outlets for much of the day, and Lockheed’s stock tumbled in the immediate aftermath of the comments before rallying to close down 2.5% on the day.

Trump’s comments on the program's cost were made within the context of the government spending that his campaign promised to curtail, and as a heavy government supplier, Lockheed was an expected target. In fact, using FactSet’s Supply Chain data we can see that Lockheed receives a whopping 78% of its revenue from the U.S. government.

Which Targets Might Be Next?

Given Trump’s predilection to delivering his thoughts d

Last week it was amazing to witness entire expressways shut down during the Hong Kong protests.  Something which was not surprisingly given little attention by our "keep the advertisers happy at all costs" mainstream media.  *cough cough*  Thank goodness for technology with this amazing drone footage and social media for 'getting it out there'.  Afterwards I decided to take a further look into the area of investing in drone (and drone component) manufacturers.

I've thrown this together, running on battery only and no internet after having lost power due to a strong storm rolling through the region.  Hey, it's a start, right?

Face it America.  It’s only a matter of time before drone applications become commonplace and drones are buzzing past our homes like flies.  Imagine the possibilities.  Packages, mail, medical supplies, internet and wireless signals to remote or under served areas, news coverage, spraying fields with pesticides, no more lost hikers (or drivers for that matte