Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $352.50 short call and a strike $357.50 long call offers a potential 75.44% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $352.50 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 rose above the $357.50 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 54.68 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Rolls-Royce interested in powering any new mid-market jet
Wed, 07 Mar 2018 10:53:45 +0000
Britain's Rolls-Royce would be interested in providing an engine for any new middle of the market jet, its chief executive said on Wednesday, if doing so made commercial sense. Rolls-Royce currently specialises in making engines for bigger planes, which carry more passengers. “We're in the business of selling engines and so naturally we would want to go after that opportunity if it makes commercial sense,” CEO Warren East told analysts on Wednesday, after the company reported a 25 percent jump in annual profits.
Trump tariffs would barely raise Boeing's prices but could hurt sales
Wed, 07 Mar 2018 10:37:46 +0000
President Donald Trump's plan to slap tariffs on imported steel and aluminum would barely budge the price of a Boeing Co jetliner or fighter plane, belying fears of a big blow to U.S. industry, aerospace analysts said. What could have an impact is retaliation by countries such as China, one of Boeing's biggest customers, if the United States goes through with threats to tax imported steel by 25 percent and aluminum by 10 percent, they said. As one of the world's largest manufacturers, Boeing provides a window into how double-digit tariffs on raw materials would translate into just a fractional uptick in the cost of finished goods.
Beer cans and sedans: the tariff debate is centering on two product categories
Wed, 07 Mar 2018 09:54:26 +0000
The debate over tariffs and the potential effect import duties could have is raging among U.S. investors, strategists and economists, but there are a pair of product categories in particular that the debate …
Pressure mounts on Airbus A330 in widebody order battle
Wed, 07 Mar 2018 08:32:16 +0000
Imminent airline decisions on $10 billion of wide-body plane orders could influence the fate of Airbus' (AIR.PA) A330neo even before the recently upgraded jet completes flight trials, industry sources said. A Tuesday announcement from Hawaiian Airlines that it had dropped its order of six Airbus A330neos in favour of 10 787-9 Dreamliner jets by rival Boeing (BA.N) was a sharp blow to the suffering wide-body program. American Airlines (AAL.O) said in January it was reviewing the Boeing 787-9 Dreamliner and shorter-range Airbus A330-900, which is in test flights before entering service this summer.
[$$] Daily briefing: May’s Brexit rebuff, fake news education, Cohn quits White House
Wed, 07 Mar 2018 06:36:37 +0000
FT subscribers can click here to receive FirstFT every day by email. “You simply can’t be ‘in’ and ‘out’ at the same time.” Paris and Brussels are to publicly rebuff UK Prime Minister Theresa May’s proposals …
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