BA
BA - Swing to $350 while still holding longChart and recent movement make me convinced we are headed back to the downward resistance. Always been a BA fan and continue to hold it long while swinging the volatility.
BA is a strong company and will be back to ATH before people know it. Discount even at these levels and would still consider picking up shares on any dips. Very optimistic lines drawn of how I think it'll play out till MAX approval but the market is what it is. RSI looks to have bottomed and slowly climbing back up followed by MACD. First PT $345.
GLTA
BA Long $334 Area with $3 stoplossBA Long $334 Area with $3 stoploss
This stocks been beaten around a lot, we already heard enough news about the 737 max issues, however that's not all BA sell.
they have big defense contracts too.
i would say this is the area that this stock actually becomes some sort of value.
even when we first heard the news last year with lawsuits and everything, it only dropped to around $360 so i think its a bit overbeaten but def be careful with this play.
Ba could pay out a lot of we get it right.
BA Iron CondorBA 315/320/380/385 Iron Condor Spread EXP Jan 17 looking to profit at the end of December.
$150 Credit $350 max loss.
Delta's were 0.11/0.155/0.20/0.17
I have a GTC order to take a $75 profit and if one of the sides breaches I will turn it into an iron fly by rolling up or down.
IVR was good around 45%
BAHi, today we are going to talk about BAE Systems and its current landscape.
The British multinational defense security and aerospace company use great amounts of rare earth materials to build its weaponry products, so rare earth costs hold a key significance on its margins, which might get a lift due to the most recent news coming from the key producer of rare-earths.
China that controls about 90% of the market, and 70% of the global production of rare-earths, said this month that it's raising its annual mining quota to 132,000 tons, representing a 10% rise in comparison with last year. This decision's poised to have a significant impact on the markets due to the relevance of rare-earth is one of the most relevant elements to the modern industry, essential to the production of a wide variety of products. To have an idea, let's have a quick look at their uses on the industry:
Neodymium - Used to make powerful magnets that can be use on the many products from computer hard drives to motors for electric cars
Lanthanum - Used to make audiovisual components like camera lenses and other elements that work with light on the industry like cinema projection and illumination.
Gadolinium - Used on the fabrication of Television screens in the medical industry by been utilized in MRI and X-ray scanning systems.
Cerium - Used in the manufacture for cigarette lighters, as the Lanthanum it's used on the cinema industry, this element its also used by the crude refinery in its refining process.
Praseodymium - Essential to producing aircraft engines and along with magnesium, can create high-strength metals named Mischmetal.
Yttrium - Used in white LED lights, lasers that can cut through metals, also it's used in making of microwave filters for radars, and it's used to a catalyst in ethene polymerization.
Terbium - Used in mercury lamps and to improve the safety of medical x-rays and used in laser devices.
Europium - Used in printing euro banknotes, low-energy light bulbs to give natural light, also it's excellent at absorbing a neutron, valuable to control rods for nuclear reactors.
With this scenario in mind, we can weight that companies and other types of assets, that have a high level of dependence on this material could have relief on their profit margins during this year that China keeps this level of production. This relief might mitigate eventual headwinds that these assets may face and boost possible bullish sentiments.
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BA - DAILY CHARTHi, today we are going to talk about Boeing Co. and its current landscape.
With more than 400 planes grounded, 737 Max crisis is still backlashing Boeing Co., and now the Boeing problem could become the industry "problem" as the Federal Aviation Administration (FAA), may fundamentally change the certification process of aircraft, by prioritizing the human factor in the proceeding. The FAA wants to appraise how quickly airline pilots can react to emergency situations and possibly evaluating how the design o planes make it easier or harder for the pilot's reaction. The proposals need to be the debated of Congress, that has been criticizing the FAA administrator Stephen Dickson over its close relationship with the industry, Dickson it's a former employee of Delta Air Lines.
The effects of the 737 problems, combined with the slowing down economy entails strong headwinds for the whole industry, plus this new regulatory change, companies could see a shrinking of its orders, and more costs to have products in-line with the new possible FAA framework. The positive highlight of the day for the sector goes to the orders coming from several airlines, like Emirates that ordered 50 Airbus A350 jets in a deal worthing $16 billion; Air Arabia ordered 120 Airbus A320s in a $14 billion deal, and Etihad will take 20 Boeing Co. 787 Dreamliners.
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Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
BA Buybacks Boost Stock PriceBA approved another round of Buybacks last summer. Now, that activity is moving the BA stock price upward.
BA break out trade alerted on TTIWe had a solid break out trade using osirustwits TTI we nailed this options contracts went from $0.13 to $5.14
Yes $13 for you basket of 100 turned into $514
This is not just for trading crypto TTI is for trading
Put Credit SpreadBA put Credit spread.
0.93 Credit
330/325
Max gain will be $50, max loss $100.
Exp Dec 6, Delta 0.23/(0.18)
Looks like a high probability trade but not much volatility, I should have done this a few days ago when it was at $340.
BA Call SpreadCall Spread 347.5/355
Cost was 3.30 max gain is 4.2
Max loss is $150 max gain is $200.
Dec 6 EXP, looks like it could move higher as 1 hour chart has a ascending triangle.
Fly Boeing and Maybe ArriveUgh, just get me started on Boeing. The ugliest most ridiculous technicals in a chart I've ever had the "pleasure" of addressing. One of the most obviously manipulated stocks on the US stock market (next to SPY). Investors trading BA should be aware of large cap players (and banks) continuously pumping and dumping this trash. I will explain the technicals as far as I'm willing to in respect for a personal request. The only reason BA is still valued so high is because of government stakes (black ops, defense contracts, etc), otherwise the stock would sit at a cool $20 per share, at best.
Pump and dumps earlier this year are a basket case and will become "the new normal" for this stock. Look at the low volume pump in January through February, and the high volume dump in March. Next you'll notice the February candle (on the monthly chart) overshot the b-band not by little. An overshoot like this requires an immediate reversal to overshoot the lower b-band (called 're-balancing'), which is nowhere to be found. You'd expect the stock to soon correct this and go lower, but I'm doubting anything to go "as expected" from here forward.
To sum this up: Reading the technicals on the 'weekly', it points to a post earnings drop (October 23rd) to the 330's mark, and there is somewhat a likelihood for a mega-dump right below the 300 mark. But you should heed my advice and keep your money as far away from this as you possibly can.
BOEING - DAY TRADEHi, today we are going to talk about BA
We observe a 15M AND D1, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial advice
BA: Pre-Earnings UpdateBA traded as expected (see previous chart), and is to continue it's decent towards the 300 mark (and lower) tomorrow after their earnings release (BMO)
BA Call SpreadCall Credit spread, EXP Nov 15
Credit 1.33 $385/395 Credit spread for earnings
This may end bad we'll see what happens but BA has been kinda muted because of its issues with the 737 max.
We'll see
Max gain is $80 max loss is $160
BA Stock Price Rises to ResistanceBA has been under Buyback mode, driving price upward to a moderately strong resistance level. The stock shifted to a consolidation candlestick pattern. Some Dark Pool Quiet Accumulation occurred in the bottom formation.
Bullish S/R flip on Boeing, could rally higher. Boeing (BA) recently had a bullish S/R flip on the daily on top of a prior resistance zone around the 375-380 region. There remains a gap in the price action around 415, so that might be a possible target area. I am also watching the 400 level. This company has had a lot of bad news and bad publicity around it for some time, and in that, there might be opportunity for this to rally higher as I still think Boeing is a good fundamental company.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
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