March 13 Market Close: GovCon Index Up, With Markets Mixed

Executive Mosaic’s GovCon Index closed up on the day as markets were mixed; the S&P 500 up 0.04 % to 2372.47, the DJIA closing down 0.10% to 20,881.48, and the NASDAQ up 0.24% closing at 5875.78.

Advancing issues outpaced declining 4 to 1. Rockwell Collins lead the way for GovCon Index companies upon receiving an upgrade to overweight and Morgan Stanley saying it has a $121 target price and the B/E Aerospace (Nasdaq: BEAV) acquisition could add as much as 30% to earnings.

Stocks traded in very tight band awaiting an almost certain Fed rate increase at tomorrow’s meeting.

WTI crude flirted with dropping below the $48 mark however ended the day closing at $48.43 per barrel off 0.12%.

Market Summary

Index	Value	Net Change	% Change
GovCon Index	93.298	+0.428	+0.461%
S&P 500	2,373.47	+0.87	+0.04%
Dow Jones Industrial Average	20,881.48	-21.50	-0.10%
NASDAQ	5,875.78	+14.06	+0.24%

Advancing GovCon Index Issues	24
Declining GovCon Index Issues	6
Unchanged GovCon Index Issues	0

Top GovCon Index Net Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
COL	Rockwell Collins	99.30	+2.09	+2.15%
CACI	CACI Intern. Inc	123.85	+1.55	+1.27%
HII	Huntington Ingalls	213.25	+1.55	+0.73%
LDOS	Leidos Holdings	53.95	+1.46	+2.78%
EGL	Engility Holdings	30.12	+1.25	+4.33%

Top GovCon Index Percentage Performers

Symbol	Company	$ Current Price	Net Change	% Change –´
EGL	Engility Holdings	30.12	+1.25	+4.33%
LDOS	Leidos Holdings	53.9536.07	+1.46	+2.78%
COL	Rockwell Collins	99.30	+2.09	+2.15%
NAV	Navistar Intern.	26.46	+0.46	+1.77%
CSRA	CSRA*	28.81	+0.39	+1.37%