Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $320.00 short put and a strike $310.00 long put offers a potential 8.11% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $320.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $9.25 would be incurred if the stock dropped below the $310.00 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 47.97 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
China-US tariff spat: Mostly losers, but some winners too
Thu, 05 Apr 2018 08:08:02 +0000
China's threat to raise tariffs on U.S. exports could be a disaster for American soybean farmers but a boon to their Brazilian and Argentine competitors, European aerospace companies and Japanese whiskey …
[$$] Boeing Warns on U.S.-China Trade Risk
Thu, 05 Apr 2018 04:51:14 +0000
Boeing Co. said it would engage in talks with the U.S. and China in an effort to prevent their trade spat from harming the global aerospace industry.
Factbox – U.S. winners and losers from trade tit-for-tat
Thu, 05 Apr 2018 04:12:01 +0000
The trade tension brewing between the world's two largest economies hit global markets, with shares of industrial companies with exposure to Chinese markets, such as Boeing Co and Deere & Co, among the hardest hit. * U.S. automaker General Motors Co urged the two countries to engage in constructive dialogue over trade. * GM rival Ford Motor Co also lost as much as 3 percent before rebounding to close 1.6 percent higher while electric carmaker Tesla Inc , which depends on China for 17 percent of its revenue, fell as much as 5.8 percent before retracing losses to end up over 7.2 percent.
The market is now on 'a stronger footing': Strategist
Thu, 05 Apr 2018 03:15:00 +0000
The S&P 500 selloffs of 2015 and 2016 are pretty good proxies for what's happening today, says Ben Onatibia of Vanda Research.
U.S. winners and losers from trade tit-for-tat
Wed, 04 Apr 2018 23:38:20 +0000
(Reuters) – China on Wednesday hit back at U.S. President Donald Trump's plan to impose tariffs on $50 billion of Chinese imports by proposing additional tariffs of 25 percent on 106 categories of U.S. …
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