Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $347.50 short put and a strike $342.50 long put offers a potential 35.14% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $347.50 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $342.50 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 50.28 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Qantas eyes larger Airbus A350 jet for Sydney-London flights: CEO
Thu, 23 Aug 2018 07:17:03 +0000
Australia's Qantas Airways Ltd is considering a larger version of the Airbus SE A350 as the European jetmaker and Boeing Co vie to connect Sydney and London in a non-stop 20-hour flight by 2022, the airline's CEO said. The airline's selection process for what would be the world's longest commercial flight has advanced to the request for proposal stage with a purchase decision due next year, CEO Alan Joyce said after Qantas reported a record annual profit on Thursday. Qantas had been eyeing the A350-900ULR that rival Singapore Airlines Ltd will use to relaunch flights from Singapore to New York this year.
Stocks – S&P 500 Snaps Win Streak as Political Turmoil Grips Wall Street
Wed, 22 Aug 2018 23:37:00 +0000
Investing.com – The S&P 500 closed marginally lower Wednesday, as gains in energy were offset by political uncertainty in Washington.
Boeing (BA) Secures Air Force Deal to Modify F-15 Program
Wed, 22 Aug 2018 21:23:09 +0000
Boeing (BA) will implement Mission Planning-18 (MP-18) into F-15C and F-15E MTCs to be compliant with Combat Air Force Distributed Mission Operations standards updates.
How a Pacific NW dronemaker helps firefighters do their jobs safely (Video)
Wed, 22 Aug 2018 19:32:56 +0000
Insitu's unmanned aerial systems ultimately help firefighters stay safe while identifying potential danger spots.
Dow Jones Cools Off, Nasdaq Up As Apple Stays On Track To $1.25 Trillion Market Cap
Wed, 22 Aug 2018 17:55:04 +0000
U.S. stocks today showed mixed action as investors shrugged off concern over the conviction of President Trump's former campaign manager and the admission by a key Trump lawyer to committing fraud. Oil stocks rallied. Apple snapped a light two-session selling streak.
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