Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $360.00 short put and a strike $355.00 long put offers a potential 58.73% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $360.00 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $3.15 would be incurred if the stock dropped below the $355.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Boeing is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Boeing is bullish.
The RSI indicator is at 76.15 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Top 5 Things to Know in The Market on Wednesday
Wed, 30 Jan 2019 05:23:00 +0000
Investing.com – Here are the top five things you need to know in financial markets on Wednesday, January 30:
Industrial ETFs in Focus on Strong U.S. Manufacturing Output
Wed, 30 Jan 2019 01:22:01 +0000
Industrial production up 0.3% in December riding on higher manufacturing and mining levels. This puts related ETFs in focus.
[$$] Defense Firms Expect Higher Spending
Wed, 30 Jan 2019 00:23:58 +0000
U.S. defense executives expect the Pentagon to boost spending further, potentially ending months of uncertainty about the government’s plans that has spooked investors. Lockheed Martin Corp. and other contractors said Tuesday that the White House budget request for fiscal 2020 would likely be in line or surpass previous spending that had already generated record orders for combat jets, missile defense systems and space hardware. Lockheed Martin shares rose 1.5%, while Harris and merger partner L3 Technologies Inc. both climbed around 7%.
Facebook (FB) Q4 Earnings Preview: Monthly Active Users, Revenue & More
Tue, 29 Jan 2019 23:55:11 +0000
Let's dive into what investors should expect from the embattled social media firm after the closing bell Wednesday.
Japan's ANA orders passenger jets worth $4.3 billion in Asia push
Tue, 29 Jan 2019 23:10:20 +0000
SEATTLE/TOKYO (Reuters) – Japan's ANA Holdings Inc said on Tuesday it would order at least 38 planes worth $4.33 billion (£3.30 billion) from Boeing Co and Airbus, and buy a stake in Philippines Airlines' parent PAL Holdings Inc to support its Asia growth strategy. The order, confirming earlier Reuters reports, is the first in Japan for the newest version of Boeing's best-selling 737 family and comes at a time when the country is facing pressure from Washington to cut its trade surplus with the United States. It also raises the stakes in a battle for orders of the industry's largest category of airliner, allowing Boeing to weaken a bridgehead held by its European rival Airbus in the narrowbody fleet of one of its most strategic customers.
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