Na Zdorovie!

I have no special knowledge about whether or not Russia will launch a full attack on Ukraine anytime soon. However, I do think the Russian soldiers currently being mobilized will have many hours to burn while the Olympics roll on, at a minimum, and many cigarettes are likely to be smoked as the Russian Armed Forces are not quite as, ahem, PC are things are nowadays in America. 

We continue to focus on dividend and value plays, with big tobacco like Philip Morris (PM), the international spinoff of Altria many years back, being a solid candidate with about a 5% dividend currently.

Did you know they have a huge factory in Russia?

From their website:

Our Izhora factory in St. Petersburg is the first-largest PMI production facility in the world. To date, the company's overall investments in Russia amount to about USD 2 bln and every day our sales force assures availability and presentation of our brands at retail. PMI affiliates in Russia employ around 4,100 people at two factories and 100 sales offices across Russia.

The PM daily chart, updated below, continues to tighten up to form a new base without much apparent selling interest. 

Next earnings are coming up this Thursday, however. But I want to keep this one close by for a trading entry afterwards if the chart remains intact.