Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $370.00 short put and a strike $365.00 long put offers a potential 53.85% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $370.00 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $3.25 would be incurred if the stock dropped below the $365.00 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 64.95 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
American Airlines Reports Earnings Tomorrow. Here’s What to Expect.
Wed, 24 Jul 2019 09:45:00 +0000
The airline’s stock has made meager gains in 2019, hurt by ongoing disruption related to the grounding of Boeing’s 737 MAX aircraft. Investors will be looking for encouragement when American reports second-quarter earnings on Wednesday, before markets open.
Boeing, Tesla, Facebook, Snap, U.S.-China Trade Talks – 5 Things You Must Know
Wed, 24 Jul 2019 05:22:00 +0000
U.S. stock futures are lower as U.S.-China trade talks are set to resume; the Department of Justice launches a new probe into whether Alphabet, Amazon, Facebook and Apple have been stifling competition; Tesla, Boeing, Ford, Facebook and Caterpillar report earnings.
Earnings Watch: Facebook’s fine, Boeing’s bind and Tesla’s bottom line
Tue, 23 Jul 2019 23:50:00 +0000
Last quarter, Boeing Co., Facebook Inc. and Tesla Inc. played “Hold my beer” amid controversies; three months later, it is time for an update as they work through their issues.
EgyptAir's new Boeing 787 Dreamliner takes off for history-making biofuel flight
Tue, 23 Jul 2019 23:01:32 +0000
The first flight of the new aircraft, bearing a "Clean to Fly" moniker on its fuselage, comes as jet makers and airlines battle a growing chorus of criticism that global air travel exacerbates global warming.
Boeing's Massive 737 Max Charge To Result In These Dismal Q2 Results
Tue, 23 Jul 2019 20:02:53 +0000
Boeing will release its Q2 earnings before the market opens Wednesday after the aerospace giant announced it would book a massive charge the grounded 737 Max.
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