The Boeing Company (NYSE:BA) 2019 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 241.04. The projected upper bound is: 349.34. The projected lower bound is: 245.75. The projected closing price is: 297.55. Candlesticks A big black […]
S&P 500 Looks Undervalued in Here $SPY According to FactSet, the 5-year average for the forward 12-month P/E multiple for the S&P 500 is 16.3. Today, the forward 12-month P/E multiple is 15.9 Vs 16.8 at the start of Q-4. On the surface, the S&P 500 appears to be undervalued. Why, then, hasn’t there been […]
Boeing (NYSE: BA): The Future Is Built Here Boeing (NYSE: BA) today announced its plans to reveal the exciting future of air and space travel at the 2018 Farnborough International Airshow, which takes place July 16-22. From hypersonic travel to the future of autonomous flight to manned space flight, Boeing will visually present the innovations […]
US President Donald Trump’s decision to withdraw from the Iran nuclear pact threatens new business for several big companies, including Boeing, Airbus and General Electric. The two aerospace giants were among the companies to receive US Treasury licenses to begin conducting business in Iran under strict oversight after sanctions were lifted in the 2015 accord. […]
Russian lawmakers have drafted a bill suspending cooperation with US companies in the nuclear, missile and aircraft-building spheres, as well as introducing restrictions on imports of alcohol and tobacco produced in the US. “The bill is about alcohol and tobacco products and about ceasing or suspending international cooperation in the nuclear sphere, rocket engine building […]
With revenues to exceed $22 billion and 6,000 jobs by 2030 – Partnership to provide sustainment services for fixed- and rotary-wing military aircraft of the Kingdom’s defense services – New partnership will help to achieve the National Transformation Program goals and embrace Vision 2030 – Investment value to reach $450 million in facilities and equipment […]