Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $352.50 short put and a strike $347.50 long put offers a potential 44.93% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $352.50 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $3.45 would be incurred if the stock dropped below the $347.50 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 54.11 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing to have 51 percent stake in venture with Embraer – paper
Mon, 26 Feb 2018 03:06:40 +0000
Boeing Co will have a 51 percent stake in a joint company currently being negotiated with Brazilian aircraft maker Embraer, O Globo newspaper columnist Lauro Jardim reported on Sunday. Boeing has agreed to a Brazilian government demand that the U.S. company have no more than a 51 percent controlling share, Jardim said, without citing sources. Embraer said it would not comment on the matter.
Hawaiian Airlines Will Buy Boeing's 787-9 Dreamliner, and It Makes No Sense
Sun, 25 Feb 2018 20:10:00 +0000
In a perplexing move, Hawaiian Airlines plans to dump its order for six Airbus A330-800neos in favor of Boeing's 787-9 model.
Air Force Cancels $7B JSTARS Program Over Boeing, Northrop Objections
Sun, 25 Feb 2018 17:15:00 +0000
The decision is somewhat of a win for Lockheed, which had the least to lose from a cancellation.
Will Abandoning the International Space Station Set Investors Adrift?
Sun, 25 Feb 2018 02:03:00 +0000
President Trump supports Russia's plan to build its own space station. But there should still be ways to invest in space.
Boeing Hedges Its Bet in MQ-25 Drone Competition
Sat, 24 Feb 2018 16:30:00 +0000
The company is taking steps to make sure it's involved in the winning bid in a competition that will help push military aircraft technology forward.
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