On Meidas Defense: cryptocurrency, sanctions, and Trump quid pro quo
Published . Updated .
This report is about Defense and Sanctions. Names like LMT and RTX typically gain because defense contractors get more work when conflict spending rises.
Directly affected
- RTX Rtx-0.4%
Named in this report.
Indirectly affected
- LMT Lockheed Martin+11.5%
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman+5.3%
Defense contractors get more work when conflict spending rises
- GD General Dynamics-1.7%
Defense contractors get more work when conflict spending rises
- XLE Energy Select Sector SPDR+3.8%
Energy prices move when sanctioned supply is blocked
- USO United States Oil Fund+4.9%
This fund moves with oil prices
- IBIT iShares Bitcoin Trust+2.9%
This price moves with the crypto market
- COIN Coinbase-3.4%
The crypto exchange moves with trading volumes
- ITA iShares U.S. Aerospace & Defense-6.7%
A fund of aerospace and defense companies
- BA Boeing-10.9%
Defense and aerospace orders move with conflict spending
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| RTX | +0.43% | +0.19% | base | after close | after close | after close | after close |
| LMT | -9.46% | -8.86% | base | after close | after close | after close | after close |
| NOC | -7.45% | -2.17% | base | after close | after close | after close | after close |
| GD | -2.32% | -1.32% | base | after close | after close | after close | after close |
| XLE | -2.18% | -1.67% | base | after close | after close | after close | after close |
| USO | -5.10% | -5.75% | base | after close | after close | after close | after close |
| IBIT | +0.74% | +4.07% | base | after close | after close | after close | after close |
| COIN | +2.30% | +7.65% | base | after close | after close | after close | after close |
| ITA | +2.59% | +1.63% | base | after close | after close | after close | after close |
| BA | +1.58% | +2.06% | base | after close | after close | after close | after close |
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.
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.
On Meidas Defense: cryptocurrency, sanctions, and Trump quid pro quo Citation Needed by Molly White
Source: Citation Needed by Molly White
This story
| Company | When | Move | Status |
|---|---|---|---|
| BA | three days earlier | +2.06% | final price |
| BA | five days earlier | +1.58% | final price |
| COIN | three days earlier | +7.65% | final price |
| COIN | five days earlier | +2.30% | final price |
| GD | three days earlier | -1.32% | final price |
| GD | five days earlier | -2.32% | final price |
| IBIT | three days earlier | +4.07% | final price |
| IBIT | five days earlier | +0.74% | final price |
| ITA | three days earlier | +1.63% | final price |
| ITA | five days earlier | +2.59% | final price |
| LMT | three days earlier | -8.86% | final price |
| LMT | five days earlier | -9.46% | final price |
| NOC | three days earlier | -2.17% | final price |
| NOC | five days earlier | -7.45% | final price |
| RTX | three days earlier | +0.19% | final price |
| RTX | five days earlier | +0.43% | final price |
| USO | three days earlier | -5.75% | final price |
| USO | five days earlier | -5.10% | final price |
| XLE | three days earlier | -1.67% | final price |
| XLE | five days earlier | -2.18% | final price |
Congressional trades in the stocks in this story
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 30 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 30 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 36 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 49 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 66 days before publication. Filed 10 Sep 2026. View the filing.
- Rep. Maria Elvira Salazar sold Boeing (BA), worth $1,001 - $15,000 on 24 Sep 2026. That is 29 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Boeing (BA) (jointly held), worth $15,001 - $50,000 on 13 Aug 2026. That is 71 days before publication. Filed 1 Sep 2026. View the filing.
- Rep. Kevin Hern sold Boeing (BA) (jointly held), worth $1,001 - $15,000 on 13 Aug 2026. That is 71 days before publication. Filed 1 Sep 2026. View the filing.
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).
This story
12 out of 100
“On Meidas Defense: cryptocurrency, sanctions, and Trump quid pro quo” scores 12 out of 100. The score uses 1 sources.