Mark Spellman Browse All Authors Top 4 quotes by Mark Spellman We've been low on oil for so long that stable or slightly higher oil price is viewed positively as a stabilizing effect on the economy and stock market. Mark Spellman company-news Raytheon Co has been our number one holding in the defense sector, because they have more international sales, upwards of 40 percent of what they do now is non-US business. And that's the highest percentage of any defense contractor. Mark Spellman industrials Raytheon Co -LRB- RYT.N -RRB- has been our number one holding in the defense sector, because they have more international sales, upwards of 40 percent of what they do now is non-US business. And that's the highest percentage of any defense contractor. Mark Spellman us-news When you have these major banks reporting, you really get a very good cross profile of what's going on with the economy in the United States. Mark Spellman company-news