Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $250.00 short put and a strike $240.00 long put offers a potential 35.14% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $250.00 by expiration. The full premium credit of $2.60 would be kept by the premium seller. The risk of $7.40 would be incurred if the stock dropped below the $240.00 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 71.97 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Analysis: New Boeing 787 inspections signal tougher FAA oversight
Fri, 19 Mar 2021 01:40:31 +0000
A U.S. Federal Aviation Administration decision to bring in-house final checks on four Boeing Co 787 jets is the latest signal of the agency's tougher scrutiny of the embattled U.S. airplane manufacturer. The FAA said late Wednesday it was taking “a number of corrective actions” to address multiple production issues on the advanced carbon-composite twin-aisle aircraft. The FAA told Boeing of its decision in a January letter reviewed by Reuters.
Massive NASA Rocket Thunders Through Successful Test While Future Gets Sudden Boost
Thu, 18 Mar 2021 21:39:36 +0000
Boeing fired the engines on its Space Launch System rocket Thursday for the full duration of an important test.
UPDATE 2-NASA completes test of rocket engines that could eventually send humans to the moon
Thu, 18 Mar 2021 20:39:45 +0000
NASA on Thursday completed an eight-minute test of engines on a Boeing-built rocket for Artemis missions that aim to return U.S. astronauts to the moon by 2024, more than half a century since the last lunar walk. NASA conducted Thursday's hot fire test of the core stage of the Space Launch System (SLS) rocket to simulate a launch by firing the engines while anchored to a tower at its Stennis Space Center in Mississippi. The four RS-25 engines roared to life for the full duration of the test and filled the surrounding area and sky with clouds of white smoke.
Best Dow Jones Stocks To Buy And Watch In March 2021: Apple Sells Off, Nike Dives On Earnings
Thu, 18 Mar 2021 20:17:33 +0000
The Dow Jones Industrial Average slid from record highs at the end of February, as the current stock market pullback continues. The best Dow Jones stocks to buy and watch in March 2021 are Apple, Disney, Microsoft and Visa.
Boeing Loses Key Authority On Additional Aircraft To FAA
Thu, 18 Mar 2021 20:03:59 +0000
The FAA said late Wednesday that its regulators, not Boeing employees, would inspect specific 787 Dreamliners before they enter service.
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