Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $350.00 short put and a strike $345.00 long put offers a potential 40.85% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $350.00 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $345.00 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 50.98 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
These embarrassing mega-merger flops prove that bigger isn’t always better
Tue, 11 Jun 2019 09:20:00 +0000
Raytheon-United Technologies deal may work out, but mergers can be painful for investors, writes Jeff Reeves.
Planemakers race for wide-body orders in Asia showdown
Tue, 11 Jun 2019 09:16:56 +0000
The contests include a fight for business at Philippines budget airline Cebu Air as Airbus seeks a new foothold for its slow-selling A330neo airliner in the face of competition from Boeing's 787 Dreamliner. The budget carrier is leaning toward breaking its exclusive ties with Airbus by selecting the Boeing 787 for its requirement for up to 16 wide-body jets to be delivered in 2020 and 2021, but negotiations are set to go down to the wire, the sources said.
Big is beautiful for UTC and Raytheon in mega deal
Tue, 11 Jun 2019 03:00:27 +0000
Greg Hayes was a busy man last summer. The chief executive of United Technologies was finalising a $30bn acquisition of the avionics specialist Rockwell Collins while also plotting a break up of his US industrial conglomerate by spinning off other businesses. On the phone was Tom Kennedy, his counterpart at Raytheon, the defence group and one of the top five prime contractors to the Pentagon.
SHAREHOLDER ALERT: BA CBL AOS: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
Tue, 11 Jun 2019 02:10:00 +0000
NEW YORK, NY / ACCESSWIRE / June 10, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have …
The Boeing 737 MAX Disaster Could Help Airbus Dominate the Paris Air Show
Tue, 11 Jun 2019 00:07:00 +0000
The Boeing 737 MAX grounding has given Airbus a huge advantage over its American rival heading into the most important sales event of the year.
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