Traders Play Defense Ahead of FOMC Meeting

Investors are playing defense – literally – ahead of this afternoon’s FOMC decision and statement.

The four aerospace/defense stocks below are touching all-time highs today.

They’re also up an average of 55% this year, more than double the return of the benchmark S&P 500, as market players stick with what works:

Aerospace/Defense New Highs

Investors continue to bet on the U.S. consumer, with sneaker-giant Nike and a handful of retailers are touching all-time highs today

Apparel/Footwear New Highs