|Day Low/High||326.48 / 331.16|
|52 Wk Low/High||292.47 / 446.01|
At least those among you who still choose to take a flyer on Boeing will do so better informed.
* The consensus is growing more consensus! * The notion of risk has left the Exchange's building * The last hour of trading uncharacteristically weak Today's session was another one supported by good overall breadth (2,154/786 on the NYSE). Howeve...
China, home to 22% of the 737 Max planes in operation so far, was the first nation to ground the plane.
With all the unknowns surrounding Boeing it's way too early to take a position in the aircraft maker; the same is not true with CVS.
What surprises me is the willingness of some of the alarmists to move totally to cash at this point in order to avoid any downside.
* The FAA's decision to let Boeing 737 Max flights to continue in the U.S. is another example of wrong headed policy coming out of the Trump Administration that could have dire consequences Two Boeing 737 Max crashes have now occurred under remarkab...
National security is job one. Cutting a nice deal with China that benefits both sides must come second.
Boeing is down another -$8 in pre-market to $367/share. Paradise lost, again.
Dick's can teach you more about what's happening in the overall market than anything else I saw today.
Potential buyers are faced with a small dilemma here.
Strength in Apple and other FANG names are pluses, as are pockets of action in gold mining, cannabis, biotechnology and shipping.
I suppose I should have kept my Boeing short (Sixty-Minute Trade) of Monday. The shares are now down $14 to $386. So it goes...
No one wants to be caught being too negative if a trade deal is made, but there will be plenty of market players looking for an exit into strength.
After a solid showing Monday, the question now is whether the market can continue to move upward with no major news events looming.
Boeing's big demand driver is stinging the stocks of its biggest customers.
Rallies on a sentiment switch are often among the best.
My only trades today were: * The Sixty-Minute Trade shorting Boeing (and covering) * Additional and shorts.
The stock has already tested both short-term support and potential resistance levels on Monday.
With my time almost up I have covered the balance of my Boeing short -- goodbye to my "Sixty-Minute Trade."
I am taking half of my Sixty-Minute Trade (shot ) off at $390.55 for a nice gain. Thirty minutes to go!
The aircraft maker has an uncanny ability to bounce back from bad news, and already is showing a tendency to do so in current trading.
Easing into the aircraft maker on its bad news is one way to go, as are call options expiring this Friday.
"If you don't believe I'm all I say Come up and take my hand When I let you go you'll cry "Oh yes He's a sixty-minute man... There'll be 15 minutes of kissing Then you'll holler "please don't stop" (don't stop) There'll be 15 minutes of teasing And ...
Apple and Facebook are driving the market up, even as a post-crash cloud looms over Boeing.
If longer-term investors come in to buy a sharply lower opening on the aircraft maker, then we should see prices firm.
A tragedy in the skies is taking its toll on Boeing shares.
I don't have a dog in the Boeing hunt, but with the stock down about $50 a share before Monday's opening bell it is an example of why I will never, ever sell puts for the purpose of going long a stock. It might just be me, but there is a tendency to...
A short-term bounce is likely, but overhead resistance is now much stronger thanks to last week's selloff.