March 28 3:00 PM Market Report: GovCon Index and Markets Reverse Direction

As of 3:00 PM (EST) the Executive Mosaic’s GovCon Index reversed its three day downward trend to post positive gain of 0.846 to 91.969.

The major indices were all up on the day with the S&P500 at 2,361.81 up 20.04 points, the DJIA reaching 20,719.45 up 172.67 points, and the NASDAQ up 44.57 points to 5,884.95. Consumer confidence reached a 16 year high in March and was reflected in stock activity.

GovCon Index advancers are outpacing decliners 29 to 1.

On the day WTI broke through the $48 barrier to $48.37 up 0.64 as Libya cut oil exports which helped address the concerns about an oil glut.

Market Summary

Index	Value	Net Change	% Change
GovCon Index	91.969	+0.846	+0.928%
S&P 500	2,361.81	+20.04	+0.85%
Dow Jones Industrial Average	20,719.45	+172.67	+0.82%
NASDAQ	5,884.95	+44.57	+0.75%

Advancing GovCon Index Issues	29
Declining GovCon Index Issues	1
Unchanged GovCon Index Issues	0

Top GovCon Index Net Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
GD	General Dynamics *	189.26	+3.76	+2.03%
LMT	Lockheed Martin *	270.58	+3.42	+1.28%
NOC	Northrop Grumman *	237.88	+2.05	+0.87%
LLL	L3 Technologies *	167.22	+1.95	+1.18%
RTN	Raytheon *	152.85	+1.70	+1.12%

Top GovCon Index Percentage Performers

Symbol	Company	$ Current Price	Net Change	% Change –´
ACM	AECOM	34.60	+0.74	+2.17%
TXT	Textron Inc. *	47.36	+1.00	+2.16%
GD	General Dynamics *	189.26	+3.76	+2.03%
COL	Rockwell Collins	98.88	+1.61	+1.66%
KBR	KBR	14.07	+0.22	+1.59%