Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $265.00 short put and a strike $260.00 long put offers a potential 20.19% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $265.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.16 would be incurred if the stock dropped below the $260.00 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 58.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Cargolux considers adding more Boeing 747 freighters to its fleet, expanding routes
Thu, 30 Nov 2017 23:05:12 +0000
Buoyed by higher shipping volumes, European air cargo giant Cargolux said it's considering a plan to add more Boeing 747 freighters to its fleet in 2018, a Luxembourg newspaper reported. Cargolux CEO Richard Forson reportedly told journalists that his airline — Europe's largest cargo carrier — is hiring 60 pilots for its Luxembourg operations in 2018 and may also add new destinations and airplanes to its network. Forson said that “depending on circumstances next year,” the carrier may add to its fleet of Boeing 747-8 and 747-400 freighters, according to a report in Luxemburger Wort, a leading daily newspaper.
Dow makes habit of hitting 1,000-point milestones in 2017
Thu, 30 Nov 2017 22:47:48 +0000
The Dow Jones industrial average is making 1,000-point gains look easy. The Dow closed at 24,000 for the first time Thursday, marking the fifth time in 2017 the index hit a 1,000-point milestone. After …
Boeing-backed Zunum Aero faces electric airplane rival produced by Airbus, Rolls Royce and Siemens
Thu, 30 Nov 2017 20:40:16 +0000
Airbus, Rolls Royce and Siemens are teaming up to develop a demonstration hybrid electric commercial airplane that the companies aim to test by 2020. The European giants are taking direct aim at a rival hybrid electric regional aircraft being developed by Zunum Aero of Kirkland, which is backed by Boeing's (BA) and Jet Blue Airways' venture capital arms. Airbus, Rolls Royce and Siemens announced their 50-to-100-seat airplane, involving some of the world’s foremost electrical and propulsion technologies experts, at the Royal Aeronautical Society in London Tuesday.
Boeing takes next step with its ballistic missile system
Thu, 30 Nov 2017 19:56:19 +0000
The Boeing Co. passed a key review in its design for America’s next intercontinental ballistic missile. The Air Force validated Boeing’s technical requirements for its Ground Based Strategic Deterrent (GBSD) program. The November review establishes the baseline for the program, which will replace the Minuteman III intercontinental ballistic missile.
Home Depot and these other stocks have powered the Dow's move from 23,000 to 24,000
Thu, 30 Nov 2017 18:03:13 +0000
Six high-priced stocks accounted for more than 600 points of the Dow's 1,000-point gain.
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