Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $130.00 short call and a strike $140.00 long call offers a potential 7.41% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $130.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $9.31 would be incurred if the stock rose above the $140.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Boeing is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Boeing is bearish.
The RSI indicator is at 33.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
[$$] Sierra Nevada Steps Up Legal Battle Over NASA ‘Space Taxi' Competition
Thu, 16 Oct 2014 04:47:10 GMT
Exclusive: Boeing eyes possible Chinook helicopter sale to Brazil
Thu, 16 Oct 2014 01:13:46 GMT
Reuters – The Brazilian Army has expressed interest in buying a handful of Boeing Co (BA.N) CH-47 Chinook helicopters, the company said on Wednesday, saying that it continued to view Brazil as an important partner for defense and commercial projects. “We have had some early discussions about the Chinook with the Brazilian Army,” Boeing spokesman Scott Day said, when asked about a potential CH-47 sale to Brazil. Ties between the United States and Brazil are starting to recover from deep strains caused last year after documents leaked by former National Security Agency contractor Edward Snowden showed that Washington had spied on Brazilian President Dilma Rousseff and other world leaders.
Top U.S. Marine says F-35s July due date still “doable”
Wed, 15 Oct 2014 23:54:21 GMT
Reuters – Marine Corps said on Wednesday it is sticking to a July 2015 target to declare an initial squadron of 10 new Lockheed Martin Corp F-35 fighter jets ready for combat use, but said it would not be devastated if the date slipped to August. “It's too soon to flinch,” outgoing Marine Corps Commandant General James Amos said in an interview at his Pentagon office, when asked if the Marines would miss their target date for declaring an initial operational capability (IOC). The Marine Corps has set July 2015 as the date by which it wants to be able to use the stealthy new jets in combat, followed by the Air Force in 2016 and the Navy in 2018 or 2019. The Marines are slated to buy 340 F-35 B-models, which can take off from shorter runways and land vertically, plus 80 F-35 C-models, which have longer wings and a tailhook that allows them to land on aircraft carriers.
Record IndiGo jet order fails to stem Airbus share slide
Wed, 15 Oct 2014 18:47:44 GMT
Where the jobs are: Hot prospects for college grads
Wed, 15 Oct 2014 17:40:52 GMT
USA TODAY – Not all college degrees are equal, and some metro areas give a better head start than others.
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