Both BA and JNJ appear to have made decisions in which the bottom line took precedent over what they stand for as a company.
Thursday's earnings for the technology and manufacturing giant could serve as the catalyst for a move higher.
Airbus has risen twice as much in 2019 as BA has, but that should soon change.
I consider it some kind of miracle that the larger economy has hung in there, and to a far lesser degree, so has BA's stock.
The aircraft maker's technical signs indicate buyers of its shares have been acting more aggressively in recent weeks.
Here's where we think the defense and aviation stock is going in the long run.
Let's review the charts and indicators to see what they are showing today.
'Playing defense' makes sense in this market.
Let's look at a strategy based on our series of three charts.
Let's consider the case of what would be the best odds on favorites to start a new position in the Dow Jones average.