Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $355.00 short put and a strike $350.00 long put offers a potential 53.85% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $355.00 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $3.25 would be incurred if the stock dropped below the $350.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Boeing
Stuck in a Trade War, Tech Pitches Davos on Innovation
Fri, 25 Jan 2019 07:59:34 +0000
Tech companies are back pitching the promise of innovation, but this time, stuck in the middle of a trade war, they’re welcoming government oversight. This was the broad consensus at the World Economic Forum in Davos, Switzerland, which was devoted this year to the theme of Globalization 4.0, an emerging world economy that’s increasingly based on the transfer of data instead of physical goods. Global leaders and technology chieftains agreed on the need for stricter government oversight, after a year that featured privacy scandals at Facebook Inc. and a broad reckoning of the tech industry.
With handoff to Air Force, Boeing's KC-46 tanker program hits turning point
Fri, 25 Jan 2019 00:40:06 +0000
Delivery of the first two KC-46 aerial refueling tankers marks a big milestone for Boeing. Now, the company gets paid for the jets after the program incurring years of losses on the fixed-price contract.
Embraer signs papers for Boeing tie-up, calls shareholder meeting
Thu, 24 Jan 2019 22:00:19 +0000
SAO PAULO (Reuters) – Embraer SA has signed the “master transaction agreement” for a tie-up with Boeing Co and called a shareholder assembly for Feb. 26 to approve the partnership, the Brazilian …
Boeing Warns On Government Shutdown Amid These Ominous Signs
Thu, 24 Jan 2019 21:03:12 +0000
Boeing hasn't yet been affected by the government shutdown but raised concerns about the long-term affects on the aviation industry if it drags on.
Hexcel Corporation (HXL) Q4 2018 Earnings Conference Call Transcript
Thu, 24 Jan 2019 20:47:27 +0000
HXL earnings call for the period ending December 31, 2018.
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