Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $340.00 short put and a strike $335.00 long put offers a potential 75.44% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $340.00 by expiration. The full premium credit of $2.15 would be kept by the premium seller. The risk of $2.85 would be incurred if the stock dropped below the $335.00 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 53.59 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
[$$] Lightning Hazards Prompt Boeing to Fix 787 Jets
Thu, 26 Apr 2018 04:07:05 +0000
Boeing Co. is enhancing software on current and future 787 jetliners to prevent electrical spikes generated by lightning storms from potentially disabling cockpit instruments. The moves were initially prompted by an incident years ago when three of five primary cockpit displays on a United Airlines 787 Dreamliner suddenly stopped functioning after the plane was hit by lightning. The incident surprised regulators and company safety experts alike, as such equipment failures were considered extremely improbable on such models.
[$$] Boeing to Open Plant in China This Year
Thu, 26 Apr 2018 04:06:55 +0000
Boeing Co. aims to have a new facility in China ready to complete some of its 737 jets by the end of this year, a sign that the aerospace giant is taking trade tensions in stride. Chief Executive Dennis Muilenburg said Wednesday that construction is under way on a finishing center near Shanghai that Boeing has said it needs to compete with rival Airbus SE, which already builds jets in China. The new guidance signals Boeing is working through challenges in the broader aerospace supply chain related to engines and other plane parts as it and Airbus—which reports Friday—boost jetliner production.
Boeing Is Back to Cruising Altitude; GM Gets Assist From Amazon — ICYMI
Thu, 26 Apr 2018 00:00:00 +0000
rose on Wednesday, April 25, after the aircraft manufacturing company reported better-than-expected quarterly earnings and raised full-year guidance for three key financial metrics. The strong quarterly results, in combination with a positive market outlook, led Boeing to raise its full-year outlook. Boeing was, of course, the darling of Wall Street in 2017 as the company soared to all-time highs.
Boeing donates $1M to Central Washington University Foundation in tribute to Ray Conner
Wed, 25 Apr 2018 23:45:59 +0000
The Central Washington University Foundation said Boeing's donation is one of largest it's ever received. It follows a separate six-digit gift by Ray Conner and his wife, Katie Conner. The cash will provide scholarships to support students in the Highline Public Schools.
How China could affect Boeing's future sales
Wed, 25 Apr 2018 23:40:00 +0000
China has some options with regard to its purchases from Boeing if the trade spat widens with the U.S., but little slack remains on the supply side in the near term with manufacturers "running at full capacity," says Ken Herbert of Canaccord Genuity.
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