Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 6.84% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $9.36 would be incurred if the stock dropped below the $105.00 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 51.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Pentagon says automatic budget cuts would hit F-35, other weapons
Wed, 16 Apr 2014 00:07:15 GMT
Reuters – The Pentagon on Tuesday detailed $48.3 billion in cuts to major weapons programs like Lockheed Martin Corp's F-35 fighter jet that would kick in from fiscal 2016 to 2019 if Congress does not reverse automatic budget cuts that are to resume in 2016. It said the cuts would slash $40 billion from the Pentagon's planned spending on operations and maintenance over that time, while research and development of new cutting-edge technologies would fall by nearly $18 billion from $337 billion. The Defense Department said the cuts required under a process called sequestration would damage the military's modernization efforts, increase national security risks, further slash troop levels and jeopardize the ability of U.S. forces to go to war.
Boeing
Tue, 15 Apr 2014 22:41:00 GMT
India's AEW Tender: Boeing's Next Battleground
Tue, 15 Apr 2014 18:36:44 GMT
Jefferies Stocks to Buy That Could Jump From an Earnings Surprise
Tue, 15 Apr 2014 12:15:09 GMT
Japanese Supplier for Boeing 777X to Build New Plant: Report
Tue, 15 Apr 2014 11:30:35 GMT
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