Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $140.00 short put and a strike $130.00 long put offers a potential 11.73% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $8.95 would be incurred if the stock dropped below the $130.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Boeing is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Boeing is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Boeing
Tencent: China's hottest tech company
Thu, 09 Jan 2014 01:53:00 GMT
CNNMoney.com – Which tech company has a bigger market cap than Cisco or HP, more users than Twitter and more sales than Facebook? You'll find the answer in China, where Tencent has been spinning a web of mobile, telecom …
Boeing, manufacturers press U.S. IRS on R&D tax rule changes
Wed, 08 Jan 2014 23:55:05 GMT
Reuters – Boeing Co and other manufacturers asked the U.S. Internal Revenue Service on Wednesday to scrap parts of a proposed rewrite of the federal tax deduction for corporate research and development that they …
Military Spending Resolved as Congress Nears Deadline
Wed, 08 Jan 2014 22:52:02 GMT
Bloomberg – Congressional negotiators have completed work on the military portion of a plan to finance the U.S. government and avoid a second shutdown in four months, said House Appropriations Committee member Ken …
Boeing Battery Fire: Report Due in March
Wed, 08 Jan 2014 22:17:05 GMT
Wall St. Cheat Sheet – U.S. National Transportation Safety Board has been looking into the matter of a Boeing 787 Dreamliner battery fire, but answers won't come till March.
3D Systems Unveils Printer for Your Kitchen and Alan Mulally Squashes Microsoft Rumors
Wed, 08 Jan 2014 20:55:59 GMT
Motley Fool – It might sound like science fiction, but 3D Systems just unveiled its ChefJet kitchen printer that uses edible materials.
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