Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $180.00 short put and a strike $175.00 long put offers a potential 17.37% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $180.00 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 $175.00 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 64.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Surprise! Most Americans Want Trump to Slash Military Spending by $41 Billion
Sun, 30 Apr 2017 14:09:00 +0000
Meanwhile, a 100% majority of recent presidents don't seem to care what voters think.
Russia's New Spaceship Could Be Crewed by Robots
Sun, 30 Apr 2017 12:13:00 +0000
Initially, at least.
Trump Still Has a Chance to Strike a Blow Against Special Interests
Sun, 30 Apr 2017 09:15:00 +0000
President Trump recently announced his intention to nominate former U.S. Representative Scott Garrett (R-N.J.) to head the Export-Import (Ex-Im) Bank. Special interests like Ex-Im are the perennial antiheroes of political theater. Office-seekers are right to blame special interests for many of our nation’s ills.
Defense industry CEOs vent about ongoing budget mess in Washington
Sat, 29 Apr 2017 16:32:29 +0000
Top defense companies had first-quarter earnings calls this week and one common theme was management's displeasure about the budget stalemate.
Trump Portfolio Beats S&P 500 in First 100 Days, Led by GEO Prison Stock
Sat, 29 Apr 2017 15:20:00 +0000
Donald Trump's presidency has been a boon for a private prison company that backed his campaign.
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