Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $340.00 short put and a strike $335.00 long put offers a potential 28.21% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $340.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock dropped below the $335.00 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 64.87 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Why Tesla is Selling $2 Billion Stock, and Two More Numbers to Know
Fri, 14 Feb 2020 10:01:00 +0000
Just a little more than two weeks ago, CEO Elon Musk had said selling stock didn’t make sense for the company. The question of whether Tesla (TSLA) should sell stock isn’t new. Less than a year ago, Tesla was burning through cash and investors thought it would be forced to sell stock.
Boeing to extend labor contract with engineer's union by four years
Fri, 14 Feb 2020 09:05:56 +0000
It will also establish fixed salary adjustment funds for each year from 2020 through 2026. Boeing's current contract is set to expire in 2022. The contract with Society of Professional Engineering Employees in Aerospace (SPEEA) will cover about 18,000 engineering and technical employees, the company said.
Boeing faces lawsuit from two VIP 737 Max 8 buyers
Fri, 14 Feb 2020 06:41:41 +0000
Lawyers at Seattle-based Lane Powell have filed a lawsuit for two companies that want the court to reimburse their VIP jet purchases, saying they're now stuck with "essentially valueless aircraft that have been unusable since shortly after delivery."
Boeing and SPEEA Announce a Tentative Agreement on Four-Year Contract Extension
Fri, 14 Feb 2020 04:45:00 +0000
The Boeing Company [NYSE: BA] today reached a tentative agreement with the Society of Professional Engineering Employees in Aerospace (SPEEA) on a new four-year contract extension that would run through 2026 covering approximately 18,000 engineering and technical employees, nearly all of whom are in Washington and Oregon.
Airbus slows output to focus on greener jets
Fri, 14 Feb 2020 04:00:38 +0000
“I see 2025 as the start of being in a position to launch a new programme, which means entry into service will be at the beginning of the next decade,” Mr Faury said in an interview with the Financial Times. Ten months into his job as chief executive, Mr Faury is right to want to look forward. for bribery and corruption, and €1.2bn in new charges on the ill-starred A400M military transport aircraft.
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