Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $360.00 short put and a strike $350.00 long put offers a potential 20.77% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $360.00 by expiration. The full premium credit of $1.72 would be kept by the premium seller. The risk of $8.28 would be incurred if the stock dropped below the $350.00 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 69.16 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
[$$] European Equities Market Talk Roundup
Tue, 25 Sep 2018 09:29:43 +0000
0925 GMT – Next PLC’s fears that a July bounce in sales could be due to shoppers buying clothes earlier than usual because of warm weather proved to be unfounded, Shore Capital says. Next said it didn’t experience any material loss of sales in August or early September, so it raised its central guidance for full-year pretax profit by GBP10 million to GBP727 million.
Stocks – Dow Delivers Triple-Digit Loss Amid Washington Turmoil, Trade Concerns
Mon, 24 Sep 2018 23:06:00 +0000
Investing.com – The Dow posted a triple-digit loss Monday as turmoil in Washington and trade tensions reined in investor appetite for stocks.
Boeing wins $2.4 billion to replace Air Force's aging iconic Huey choppers that guard America's nukes
Mon, 24 Sep 2018 22:00:00 +0000
The long-awaited Pentagon contract is worth $2.4 billion for up to 84 aircraft. The service awarded Boeing approximately $375 million for the first four helicopters on Monday. Three defense companies were in the running for the lucrative Pentagon contract: Sierra Nevada Corp., Boeing partnered with Leonardo, and Sikorsky, a unit of Lockheed Martin.
Boeing wins first leg of $2.4 billion helicopter deal from U.S. Air Force
Mon, 24 Sep 2018 21:49:10 +0000
The U.S. Air Force awarded Boeing Co (BA.N) a $376 million contract to build four helicopters in the first leg of a $2.38 billion deal to replace the fleet of 46-year-old UH-1N Huey helicopters. The Air Force said it will eventually order 84 helicopters to be delivered from 2020 through 2032. The Air Force will use the helicopters to protect the U.S. nuclear arsenal, with aircraft based in Wyoming, Montana and North Dakota, among other locations around the world.
Boeing Beats Lockheed in $2.4 Billion Air Force Copter Contest
Mon, 24 Sep 2018 21:00:00 +0000
Boeing Co. beat rivals Lockheed Martin Corp. and closely held Sierra Nevada Corp. in a contest valued at as much as $2.38 billion for new helicopters to guard intercontinental ballistic missile sites, the Pentagon said Monday. As many as 84 of the Boeing MH-139 helicopters will replace decades-old UH-1 Hueys protecting nuclear bases in Montana, Wyoming and North Dakota. Chicago-based Boeing received a $375 million fixed-price contract for the first four aircraft.
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