Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $362.50 short put and a strike $357.50 long put offers a potential 38.89% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $362.50 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $3.60 would be incurred if the stock dropped below the $357.50 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 68.01 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Germany delays tender for military helicopters – document
Wed, 26 Sep 2018 08:42:10 +0000
Germany's planned 4 billion euro ($4.71 billion) tender to buy new heavy-lift helicopters that was due to be issued this autumn will be delayed, according to an official document seen by Reuters on Wednesday. The planned start of the tender by the end of September would be “delayed until further notice,” the office in charge of military procurement said in a letter to several defence firms. The procurement office did not give a reason for the delay or say when the tender would be launched.
Malaysia Airlines' 787 deal with Boeing lapses, considering future widebody purchases
Wed, 26 Sep 2018 04:14:16 +0000
Malaysia Airlines Bhd said on Wednesday a provisional deal to purchase eight Boeing Co (BA.N) 787 jets had lapsed and the airline was in talks with planemakers about the future of its widebody fleet. The national carrier last year signed a memorandum of understanding with Boeing to purchase the 787 jets valued at $2.25 billion (£1.7 billion) at list prices during a visit to Washington by former prime minister Najib Razak. In April, Reuters reported the carrier had expressed interest in buying 20 to 30 widebody jets from either Boeing or its rival Airbus SE (AIR.PA) that could expand or replace the Boeing MoU.
Boeing wins $2.4 billion helicopter contract
Tue, 25 Sep 2018 19:49:29 +0000
The U.S. Air Force on Monday awarded Boeing Co. the first part of a contract worth about $2.38 billion for replacement helicopters.
Boeing Roundup: $2.4B Air Force helicopter deal… 737 production plan raised to 63 per month
Tue, 25 Sep 2018 18:29:12 +0000
Chicago-based Boeing Co. has operations around the country. Here are other recent stories reported by The Business Journals.
15 Safe Dividend Stocks to Buy for the Rest of 2018
Tue, 25 Sep 2018 15:53:17 +0000
Since March, President Donald Trump’s tough stance on fair trade practices have evaporated more than $1 trillion in market value. Such a drastic impact exponentially raises interest in safe dividend stocks to buy. Grabbing the spotlight, of course, is our ongoing trade war with China.
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