Geopolitics Alpha

Canada joins coalition refusing to play ice hockey against Russia over Ukraine war

Published . Updated .

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

DEFENSECanada joins coalition refusing toplay ice hockey against Russiaover Ukraine warGEOPOLITICS ALPHA

Growing number of countries are resisting Russia’s reintegration into international hockey after a sports court lifted a ban on competition Canada has joined a coalition of countries refusing to play ⁠ice ​hockey teams from Russia, with prime minister Mark Carney saying Russian skaters will not be able to compete in ⁠a world junior championship next month due to the war in Ukraine. “While Russia and Belarus are supporting this illegal, unjustified, horrific ‌war in Ukraine, as long as that’s going on, there will be none of ​those athletes competing for their countries in Canada,” Carney told reporters on Tuesday. Continue reading...

Directly affected

  • No company is named in this report.

Indirectly affected

  • ITA iShares U.S. Aerospace & Defense ETF+1.2% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.

  • XAR SPDR S&P Aerospace & Defense ETF-3.5% 30d

    SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.

  • USO United States Oil Fund-1.1% 30d

    United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story.

  • UNG United States Natural Gas Fund-13.5% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story.

  • EWC iShares MSCI Canada ETF+1.0% 30d

    iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).

  • LMT Lockheed Martin+19.5% 30d

    Lockheed Martin (guided missiles and space vehicles and parts): defense contractors gain when military spending rises. Linked by “war” (defense) in this story.

  • RTX Rtx+2.6% 18d

    Rtx (aircraft engines and engine parts): defense contractors gain when military spending rises. Linked by “war” (defense) in this story.

  • NOC Northrop Grumman+14.9% 30d

    Northrop Grumman (search, detection, navigation, guidance, aeronautical sys): defense contractors gain when military spending rises. Linked by “war” (defense) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ITA-4.02%-3.08%base-1.67%-5.60%-4.31%-0.65%
XAR-3.84%-2.83%base-3.63%-8.47%-4.14%+1.09%
USO+5.38%+6.75%base-8.03%-6.32%-5.71%-9.82%
UNG+4.28%-0.44%base+1.70%+1.54%+2.41%+10.86%
EWC+2.17%+0.68%base+2.78%-0.02%-0.41%+1.52%
LMT-1.51%-0.41%base-7.03%-9.64%-11.35%-8.16%
RTX-3.80%-1.96%base-2.65%-5.83%-7.03%-3.69%
NOC+0.45%+1.37%base-4.53%-4.51%-4.52%-2.10%

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Growing number of countries are resisting Russia’s reintegration into international hockey after a sports court lifted a ban on competition Canada has joined a coalition of countries refusing to play ⁠ice ​hockey teams from Russia, with pr…

Source: The Guardian

Defense

CompanyWhenMoveStatus
EWCthat day+2.78%final price
EWCthe next day-0.02%final price
EWCtwo days later-0.41%final price
EWCthree days later+1.52%final price
EWCthree days earlier+0.68%final price
EWCfive days earlier+2.17%final price
ITAthat day-1.67%final price
ITAthe next day-5.60%final price
ITAtwo days later-4.31%final price
ITAthree days later-0.65%final price
ITAthree days earlier-3.08%final price
ITAfive days earlier-4.02%final price
LMTthat day-7.03%final price
LMTthe next day-9.64%final price
LMTtwo days later-11.35%final price
LMTthree days later-8.16%final price
LMTthree days earlier-0.41%final price
LMTfive days earlier-1.51%final price
NOCthat day-4.53%final price
NOCthe next day-4.51%final price
NOCtwo days later-4.52%final price
NOCthree days later-2.10%final price
NOCthree days earlier+1.37%final price
NOCfive days earlier+0.45%final price
RTXthat day-2.65%final price
RTXthe next day-5.83%final price
RTXtwo days later-7.03%final price
RTXthree days later-3.69%final price
RTXthree days earlier-1.96%final price
RTXfive days earlier-3.80%final price
UNGthat day+1.70%final price
UNGthe next day+1.54%final price
UNGtwo days later+2.41%final price
UNGthree days later+10.86%final price
UNGthree days earlier-0.44%final price
UNGfive days earlier+4.28%final price
USOthat day-8.03%final price
USOthe next day-6.32%final price
USOtwo days later-5.71%final price
USOthree days later-9.82%final price
USOthree days earlier+6.75%final price
USOfive days earlier+5.38%final price
XARthat day-3.63%final price
XARthe next day-8.47%final price
XARtwo days later-4.14%final price
XARthree days later+1.09%final price
XARthree days earlier-2.83%final price
XARfive days earlier-3.84%final price

Defense

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the defense case looks

12 out of 100

“Canada joins coalition refusing to play ice hockey against Russia over Ukraine war” scores 12 out of 100. The score uses 1 sources.