Today I kept an eye on Boeing, Raytheon, and Lockheed Martin, and it feels like the defense sector is really getting chaotic.

Boeing's recent performance has given some encouragement to the bulls, with military orders coming one after another. But seeing the pullback in Lockheed Martin and RTX, it's a bit self-deceptive to say the sector is worry-free.

Caterpillar remains stubbornly high—only the brave would chase it at this point. A timid retail investor like me will just watch the show with a laid-back attitude.

Honeywell, on the other hand, has steady performance, rising for two consecutive days, trying to be a low-key profit-maker. In this defense market, we still need to resist the itch to act and not be swayed by daily fluctuations.