|Day Low/High||326.48 / 331.16|
|52 Wk Low/High||292.47 / 446.01|
Turbulence with Boeing's MAX jets jolts suppliers.
As far as an investment goes, Boeing is on my 'no' list.
The risk/reward ratio doesn't look good for retail investors.
Its price is determined by emotion more than anything else.
The aircraft maker's charts have suffered a number of body blows in the last few months and their cumulative effect could be adding up.
The Federal Aviation Administration has declined to set a timeline on when it will lift its order prohibiting the troubled aircraft from flying.
The G-20 Summit in Japan could hold more intrigue than just the planned meeting between President Trump and Xi.
It is a tough trading environment right now primarily due to the lack of strong emotions.
It's been a rather busy day. I almost forgot that I wanted to make mention of just how well General Electric did at this week's Air Show in Paris. I mean, Boeing landed the surprise order of the week, when that company landed an order for 200 737-MA...
Plus, many market players don't wait for the Federal Open Market Committee's latest announcement to jump in, and President Trump's latest Xi tweet gooses equities.
Talks between Washington and Beijing unlikely to end tariffs, but what would be worse? If the Fed chief dropped his guard on a single tweet.
My thesis all along has been that an attempt to normalize the yield curve must be made, therefore I would choose to be proactive.
Let's check out the latest charts and indicators.
The President voiced concerns about industry consolidation in the defense sector and the prospects for competitively priced government contracts, adding a headache for shareholders on both ends of the deal.
United Technologies and Raytheon look to control the aerospace and defense industry with their mega-merger.
Our brewing Cold War over regional and global spheres of influence with China, has forced some merger activity across the aerospace and defense industry.
When traders are flailing and investors are drowning, examples work best to illustrate what happens before a bottom is reached.
Both Washington and Beijing have no shortage of options for inflicting major economic damage on the other party. That provides some reasons to think a near-term truce will eventually be reached, even if there are long-term consequences to this fight.
China's President Xi has obviously found surrender distasteful.
What other proven growth company can you name with a similarly cheap valuation?
Any new money I am putting into the market on dips is being done via buy-write option orders.
On day three, the sellers forget why they sold and the buyers remember why they like stocks.
President Trump has decided that the U.S. simply shouldn't do business with China and if you do you are going to have to pay the price.
* Raising my short exposure this morning As the business media dwells on the IPO, the market backdrop continues to deteriorate. I continue to see growing evidence that the market could be in a major topping process - with prior highs (and a possible...
Only economists and pundits seem to be worried about a pending crash that might never occur.
Let's plot a strategy for BA stock.
If you have raised some cash as I told you to, then you will be ready to buy the stocks of high quality companies if they come raining down on you.