Lockheed Looks Heavy
Lockheed Martin (LMT) is falling below key support as a new week begins. The aerospace/defense company is continuing its very poor May performance with another damaging loss. Lockheed's downside is modest today, but the 0.90% drop has pushed shares below both its March and April lows.
The healthy recovery the overall market has had off the early lows is not spreading to Lockheed either. The stock has been drifting lower since the first 30 minutes of action and now appears headed for a deep pullback....340 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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