Get Your Share of Congress’ $886 Billion Xmas Gift

Looks like Christmas came a little early for the likes of Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), and RTX (NYSE: RTX)... Looks like Christmas came a little early for the likes of Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), and RTX (NYSE: RTX)...                                                                                                      [Wealth Daily] Jason Simpkins / Dec 19, 2023 Get Your Share of Congress’ $886 Billion Xmas Gift Looks like Christmas came a little early for the likes of Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), and RTX (NYSE: RTX)... Because Congress just passed a new defense budget at an unheard-of level — $886 billion. The usual suspects on the left launched their standard spiel about how that money could be better spent buying houses for the homeless, but that argument always supposes we’d somehow still have a country without a standing army. Look, I’d love to live in a peaceful and harmonic utopia too. But if you want to get there, you gotta make like John Lennon and just imagine. Because in this world, Russia is invading Ukraine in a war that’s cost tens of thousands of lives. In this world, Israel is engaged in a messy, blood-soaked campaign to eliminate the militants keen on its destruction. In this world, China is harassing its neighbors and U.S. forces in the Pacific and gearing up to invade Taiwan. In this world, fascists and dictators are cropping up around the world in places like Italy, Hungary, Argentina, and Brazil. That’s why most adults understand the necessity of a robust defense budget, as well as its utility as an economic engine. That’s why the House of Representatives approve the budget by a vote of 310-118 after the Senate passed the bill with its own unanimous vote. That tells you a lot. 9 Billionaires Shifting Funds Here (Plus Warren Buffett) The smartest investors in the world are making a BIG move right now. David Tepper, Steve Cohen, Bill Gross, Paul Tudor Jones, Jeremy Grantham, George Soros, Carl Icahn, Jim Simons, and Larry Fink... They're jumping into oil and gas stocks with both feet. Meanwhile, 99% of investors can’t see what’s coming. According to Keith Kohl, our oil and gas analyst, three powerful economic triggers are converging on the oil markets right now... A "perfect storm" unlike anything we’ve seen in 50 years. The last time this happened, a small group of oil companies made 20x returns in a few years. Some gains were as high as 3,000%! That’s exactly the type of oil company Keith is recommending today.  He’s calling it "the No. 1 oil stock of the decade." [Get the name and ticker here before oil prices surge higher.]( After all, this is Congress we’re talking about, and the House is especially fraught these days. Remember, these people couldn’t even agree on a Speaker a few months ago. Polarization and gridlock are pervasive. But if there’s one thing they can all agree on, it’s that we need to feed our defense industry. Honestly, we really do. Much of the industry’s manufacturing base, supply chains, and R&D projects were left to decay in the wake of the Cold War or upstaged by higher-level priorities in Iraq and Afghanistan. Meanwhile, near-peer actors like Russia, China, and Iran have been going full bore to build up their defense industries and tech development. So it’s imperative that we not take our foot off the gas[just when things were starting to turn around here](. Furthermore, in addition to providing technology and firepower for America’s war machine, the defense industry is one of our country’s biggest, most consistent economic engines. It provides tens of thousands of jobs and is a key technological incubator. And for investors, it’s a massive profit generator. I’m sitting on nearly a dozen gains ranging from 3%–106% (about 20% on average) in my Secret Stock Files portfolio, where I cover defense technology full time. We’re profiting from everything from drones to AI over there, and this budget ensures lucrative contracts will keep coming for the companies we’re tracking. For example, one of the biggest, most lucrative programs I’ve discussed this year is “[Project Wingman](,” which is a sprawling effort to pair manned fighters with unmanned drones.  Shots Fired!!! A war is raging between Wall Street and Main Street, and we’re going to battle. Join our private community of like-minded investors every trading day at 9:00 a.m. for our "Opening Salvo." We’ll tell you which stocks we’re watching. We’ll catch you up on key market-driving events. And we’ll be speaking our minds without any corporate sponsors or three-letter agencies peering over our shoulders. Participation is free for anyone with [this invitation.]( P.S. This is an exclusive, limited-time event. We rally at 9:00 a.m. until market open. Trading days only. You must be a member of our private Discord to participate. [Join here]( and check back in at the "Opening Salvo." That program has secured $5.8 billion in funding from 2024–28, with a goal of fielding at least 1,000 of the unmanned autonomous aircraft by the end of the decade. (You can [find out more about the company poised to profit most from the Project Wingman program here](.) Meanwhile, on the more traditional side, missiles and munitions got a big boost too. The Pentagon aims to spend $30.5 billion on munitions next year as we race to backfill the ammunition we’ve dispatched to Ukraine and construct a more efficient manufacturing chain capable of competing with Russia and China in the event of a major war. That’s big news for RTX and General Dynamics (NYSE: GD). The bill also expands the list of munitions and countries eligible for emergency and multi-year procurement. The six new munitions eligible for multi-year buys include Tomahawk Cruise Missiles, Precision Strike Missiles, Mark 48 Torpedoes, Evolved Sea Sparrow Missiles, Rolling Airframe Missiles, and Small-Diameter Bombs. And now Israel and Taiwan can acquire them more efficiently, along with Ukraine. Greasing the wheels of procurement and foreign sales is another great way to support the industry in addition to big-ticket spending. It’s also something that will further juice profits for defense contractors and technology suppliers who can count on higher volume and long-term demand for their products. So there’s a lot to like about defense stocks in 2024. More funding, less red tape, and a newfound sense of urgency all bode well for these companies and their investors. Fight on, [Jason Simpkins Signature] Jason Simpkins [Wealth Daily ICYMI Header]( One Company Is Set to Extract $322 BILLION Worth of Lithium There’s a small lithium tech company in Alberta, Canada, that has perfected an environmentally friendly lithium extraction method...It’s a method that DOESN’T involve drilling wells or wasting freshwater. And there are over 4.3 MILLION tons of lithium-rich brine sitting in ponds just like the one on this company’s property: [mi-black-lithium] And the best part is that there’s no searching required. No exploration, no geological studies, and no multi-year drilling programs. It’s an estimated $322 billion worth of lithium sitting in plain view, ready to be harvested. And this company’s proprietary technology removes lithium from the brine up to 20 times faster than traditional lithium extraction methods! This could completely change the face of modern lithium battery production, literally from the ground up. And you’ll want to act fast, because right now we’re on the ground floor. [But soon, this company could skyrocket, handing you between 108x and 225x your money virtually overnight.]( [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}. You can manage your subscription and get our privacy policy [here](. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202 © Wealth Daily.