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.
The stock has already tested both short-term support and potential resistance levels on Monday.
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.
If longer-term investors come in to buy a sharply lower opening on the aircraft maker, then we should see prices firm.
The least covered and perhaps most important of the Wednesday's three events was the appearance of U.S. Trade Representative Robert Lighthizer before the House Ways and Means Committee.
And why maintaining a small position in defense stocks is important.
Boeing shares are shooting to the moon. Is Mars next?
Boeing is firing on all cylinders.
There is very little chart resistance in the aircraft maker's shares as the stock takes off after solid fourth-quarter earnings and a favorable 2019 outlook.
Let's check the charts.