Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $195.00 short put and a strike $190.00 long put offers a potential 23.76% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $195.00 by expiration. The full premium credit of $0.96 would be kept by the premium seller. The risk of $4.04 would be incurred if the stock dropped below the $190.00 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 77.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Scott Fancher's retirement from Boeing sets up bigger role for CFO Greg Smith
Thu, 29 Jun 2017 01:55:08 +0000
A veteran Boeing commercial airplane executive is retiring while a second senior executive is taking on bigger role. Scott Fancher, a senior Boeing vice president of program management, integration and development programs, will retire in September after a 40-year career. Boeing Chairman, President and CEO Dennis Muilenburg said Fancher's planned retirement, along with that of Boeing Vice Chairman Ray Conner this fall , created a window to consolidate performance-based efforts under Greg Smith, Boeing's chief financial officer and executive vice president of corporate development and strategy.
Boeing asks for delay in duty ruling on Bombardier jet petition
Wed, 28 Jun 2017 21:25:00 +0000
In April, Boeing had asked the Commerce Department to investigate alleged subsidies and unfair pricing for Bombardier's CSeries airplane, accusing Bombardier of having sold 75 of the planes to Delta Air Lines Inc (DAL.N) last year at a price well below cost. The Commerce Department decided to launch an investigation into Boeing's claims in May, a decision which was opposed by the Canadian government. The U.S. Department of Commerce and Bombardier were not immediately available for comment, while Boeing declined to comment.
Regulators delay Bombardier trade row ruling at Boeing's request
Wed, 28 Jun 2017 21:06:41 +0000
Boeing has requested that the US Department of Commerce delay by several months a decision about whether to hit Bombardier's CSeries with subsidy-related import duties.
Boeing asks regulators to delay Bombardier trade dispute ruling
Wed, 28 Jun 2017 21:06:41 +0000
Boeing has requested that the US Department of Commerce delay by several months a decision about whether to hit Bombardier's CSeries with subsidy-related import duties.
How Boeing Works Against Consumer Choice
Wed, 28 Jun 2017 19:26:16 +0000
Boeing is trying block out some of its competition, and it's trying to get help from the federal government. The Chicago-based aircraft manufacturer recently launched trade complaints with the Department of Commerce and U.S. International Trade Commission against one of its Canadian competitors, Bombardier, and wants tariffs slapped on it. The "justification" they are using against the company is that…
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