Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $141.00 short put and a strike $136.00 long put offers a potential 17.37% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $141.00 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock dropped below the $136.00 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
Drink-Fueled Passenger Outbursts Surge as Crews Battle Assaults
Fri, 10 Jan 2014 00:01:00 GMT
Bloomberg – The arrest this week of Ralph Lauren’s niece Jennifer for pushing a Delta Air Lines Inc. crew member is the latest example of spiraling inflight misbehavior that industry body IATA says poses a growing …
Machinist union members file unfair-labor charges against Boeing
Thu, 09 Jan 2014 23:52:13 GMT
Reuters – Members of the Seattle-area machinists union have filed unfair labor practice charges against Boeing Co, alleging the company interfered with their rights to vote freely on a contract offer by threatening …
3:25 pm Boeing issues statement on Trade Promotion Authority: ‘Today's actions set the stage for a reinvigorated U.S. trade agenda'
Thu, 09 Jan 2014 23:28:06 GMT
Briefing.com – 3:25 pm Boeing issues statement on Trade Promotion Authority: ‘Today's actions set the stage for a reinvigorated U.S. trade agenda'
Inslee bemoans corporate incentive competitions
Thu, 09 Jan 2014 21:35:26 GMT
AP – Gov. Jay Inslee said Thursday he wishes states weren't in constant competition to provide financial incentives in order secure jobs from big companies. Inslee said he would like to see a national agreement …
Boeing and UnitedHealth Are Helping the Dow Wake Up
Thu, 09 Jan 2014 21:31:59 GMT
Motley Fool – The new year might be starting off slowly, but not if these companies have anything to say about it.
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