Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $415.00 short put and a strike $410.00 long put offers a potential 35.14% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $415.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $410.00 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 76.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
VietJet to sign major Boeing deal during Trump-Kim summit: sources
Fri, 22 Feb 2019 10:50:20 +0000
Fast-growing Vietnamese budget airline VietJet Aviation JSC is expected to sign a major jet deal with Boeing Co on the sidelines of next week's Trump-Kim summit, according to sources familiar with the matter. U.S. President Donald Trump and North Korean leader Kim Jong Un will hold their second summit in the Vietnamese capital of Hanoi on Feb 27-28. Holding a signing ceremony during Trump's visit would help emphasize strengthening economic and military ties between the United States and Vietnam.
Airbus sees market for widebody jets at Indian budget carriers
Fri, 22 Feb 2019 10:37:08 +0000
Airbus SE is pushing for fast-growing Indian budget carriers to make the leap into low-cost, long-haul widebody operations to compliment their existing narrowbodies, an executive from the planemaker said. India is the world's fastest-growing market for air travel and budget airlines led by Interglobe Aviation Ltd's IndiGo have been looking to add more overseas routes. “With Indian airlines expanding international operations, the A330neo is the next natural step for growth,” Joost van der Heijden, Airbus' head of marketing for Asia and North America, said on the sidelines of the Aero India airshow in Bengaluru.
Lessors doubt Jet Airways rescue plan, pull out more planes -sources
Fri, 22 Feb 2019 03:55:56 +0000
SINGAPORE/BENGALURU, Feb 21 (Reuters) – International lessors have grounded more Jet Airways planes prior to potentially moving them out of India, as scepticism builds whether a state-led bailout of the carrier can clear their dues on time, sources familiar with the matter said. The troubles at India's Jet, which is saddled with a billion dollars in debt, have rekindled memories of Kingfisher Airlines' collapse in 2012 that forced lessors to write off millions of dollars. Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.
Air Lease Corp (AL) Q4 2018 Earnings Conference Call Transcript
Fri, 22 Feb 2019 03:40:05 +0000
AL earnings call for the period ending December 31, 2018.
2019 40 Under 40: Tyler Schroeder
Fri, 22 Feb 2019 03:00:00 +0000
Tyler Schroeder Senior Manager of National Strategy and Engagement The Boeing Co. Tyler Schroeder joined The Boeing Co. in 2016 as senior manager for national strategy and engagement based in San Antonio. In this capacity, he oversees government affairs, strategy, and engagement for Boeing sites and subsidiaries and represents Boeing’s Texas legislative interests across the state.
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