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Day: November 18, 2020
Market Activity

Lockheed (LMT) In Efforts Of Leaving The SpaceX Behind

A Lockheed Martin Corporation (LMT) quarterly report showed that the space segment of the business is increasing at the slowest rate, and its profitability is dropping altogether. Competition with SpaceX is the main reason, but the management of Lockheed claims that the space technology segment will expand the fastest. The price competition with SpaceX in the field of payload production is unlikely, and SpaceX will hold a dominant role in the industry for decades with the arrival of the Starship vehicle. Lockheed aims to circumvent SpaceX in another direction which is the space technology security section. In particular, Lockheed anticipates
Trading Signals

Wall Street Took A Pause On Tuesday

A day after the record highs for the Dow Jones and S&P 500 in anticipation of successful coronavirus vaccines revealed by Moderna (MRNA) and Pfizer (PFE) in the coming weeks, and potentially other laboratories already in the final phase of their clinical trials, the New York Stock Exchange dropped on Tuesday. Investors hope that in 2021 the economic recovery will intensify, but in the short term, the second Covid-19 wave, which is swelling in the United States, could lead to a vacuum, needing more fiscal and monetary support. As a consequence, in October, retail sales in the United States disappointed

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