BA
BULLISH SECTOR! HUGE CONTRACTS! BUYOUT COMING!KRATOS DEFENSE & SECURITY SOLUTIONS
This is a rare opportunity to get in on the ground floor of a potentially MASSIVE run to between $20 and $30 a share especially with all the turmoil in the world combined with a massive multi-billion dollar increase in Military Spending by this administration.
KTOS, within the last few months, has landed gigantic contracts, one of the contracts could fetch the company upwards of $10 BILLION in equipment/service revenue.
Investors Business Daily ranks KTOS extremely HIGH:
E.P.S: 76 (Anywhere between 75 to 99 is a solid company/e.p.s rating)
Group RS Rating: A-
Accumulation/Distribution Rating: B+
Composite Rating: 89
Timeliness Rating: A
Institutional Ownership: 90.86%
On 12/06/2018, just 11 days ago, a buyout rumor hit the wires and the stock spiked.
Since that rumor, the stock has settled back down.
This company CANNOT and we think WILL NOT last by itself without being purchased by another larger company.
Our contact on Wall Street tells us talks are ongoing for a full takeover at between $20 and $25 a share.
Go back and look at the recent contracts and the value of them within the last few months, you will be amazed.
We finished adding to our large position today.
2.5 Million Shares Long
Average Cost: $12.44
THE STOCK IS A BARGAIN AT CURRENT LEVELS!
Boeing Worth Shorting @ Earn Beat? 340 Month SMA=$80 / P=$380Daily Model suggests BA will bottom Q2 2020 - so now that P = Peak of 500 Double Hull is it the perfect time to short into Q2 2020 low?
brschultz
BA retracement today.I believe BA is due for a retracement today. It's overbought accoss several timeframes, getting bearish divergences and running into strong horizontal resistance. Pullback to my first target is 360 then 355 during this short trading week. Confident in this short position target being hit, but will have my stop loss set should it continue upwards.
Expect a BIG PULLBACK from this High Flyer, $BA | #Boeing!Expect a BIG PULLBACK from this High Flyer, $BA | #Boeing!
Dow Stock Boeing (BA)This is a brief look at some support and resistances on the dow - ( I am not paying any attention to fundamentals or earnings recently - ( nike beat earning broke away and fell again i think the same principles apply) - i will look into fundamentals at a later point and add it in
BA , Has had a very good run since 08, so there is very little volume at the higher levels , I can not see and clear points where support should be found except near the 120s- 140s, I have taken the % lost in 08 and applied it to the top that we have right now.
Pink is daily lines
Red is weekly lines
Dow Stock Boeing (BA)This is a brief look at some support and resistances on the dow - ( I am not paying any attention to fundamentals or earnings recently - ( nike beat earning broke away and fell again i think the same principles apply) - i will look into fundamentals at a later point and add it in
BA , Has had a very good run since 08, so there is very little volume at the higher levels , I can not see and clear points where support should be found except near the 120s- 140s, I have taken the % lost in 08 and applied it to the top that we have right now.
Short LMT (weekly at support, wait for confirmation)Weekly at support both my indicator and double head neckline. Need a strong candle to confirm the breakdown.
TP: 230, P/L ~22%
BA Top reachedThis is a stock I was hoping to see a bullish rally emerge in but it now looks like the opposite is suggested. The yellow line was a long 11 month consolidation period that now looks like we may not see a confirmation. (still possible but not in the next month). More likely however, I believe this stock will go down. Monthly stochastic showing a crossover and slight divergence indicating a potential reversal.
MACD crossing over too.
RSI has indicated oversold for about a year and a half.
Price has stayed below the upper Bollinger for the first month since it was above from Mar 2017 to May 2018.
Not Yet Oversold But Stock Market Makes An Important LowAT40 = 23.4% of stocks are trading above their respective 40-day moving averages (DMAs)
AT200 = 24.7% of stocks are trading above their respective 200DMAs (new 32-month low)
VIX = 22.5
Short-term Trading Call: neutral
Commentary
The technical damage continues in the stock market. Amid all the carnage and massive gap downs, I am surprised AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages (DMAs) is still above the threshold for oversold trading conditions (20%). My favorite technical indicator closed at 23.4%. In the last oversold period, T2108 closed as low as 9.7%.
{AT40 (T2108) lost 6 percentage points and closed just above oversold territory.}
While the stock market is not technically oversold, AT200 (T2107), the percentage of stocks trading above their respective 200DMAs, closed below its lows from October. AT200 hit a new 32-month low and a new extreme (note that AT200 dropped to the single digits during the early 2016 sell-off). This important low means that money managers are once again looking at broad damage in their portfolios. A large share of those stocks are trading in bearish territory and look like sells into the next rally. AT200’s return to these levels confirms the lasting technical damage slamming the stock market.
{AT200 (T2107) sliced right through the closing lows of October as technical damage spreads again in the stock market.}
The charts of the major indices say plenty. The S&P 500 (SPY) lost 1.8% and closed exactly at the October low and the low of the last oversold cycle. The index is down 1.2% year-to-date. The NASDAQ lost 1.7% to close at a 7-month low and is now flat year-to-date. The Invesco QQQ Trust (QQQ) lost 1.8% to close at its own 7-month low. QQQ is still UP 2.2% year-to-date.
{The S&P 500 (SPY) lost 1.8% on the worst gap down of the past 6 weeks of weakness. An attempted gap fill was beaten back down by sellers.}
{The NASDAQ lost 1.7% on a gap down that established a worse level of weakness for the tech-laden index.}
{The Invesco QQQ Trust (QQQ) lost 1.8% on a bearish gap down and a successful fade of an attempted gap fill.}
The volatility index, the VIX gained 11.8% to close at 22.5. The VIX surprisingly is not already back to its highs from the previous oversold periods. If someone told me about the large gap downs the market experienced on the day, I would have assumed the VIX was soaring right past the previous highs.
{The volatility index, the VIX, is on the rise again and is right back to elevated levels (above 20).}
The Australian dollar (FXA) versus the Japanese yen (FXY) is, surprisingly, nowhere near its recent low. Combined with AT40 versus AT200 and the VIX, this positioning tempts me to think that the stock market is near a low for this latest selling cycle. Note that part of the lift is coming from recent bullish economic news.
{AUD/JPY is clinging to its 200DMA and is still well off its recent lows.}
The stock market is in desperate need of positive catalysts to break out of this cycle of selling. While the relative gulf between AT200 on one side and AT40 and the VIX on the other side looks like a potential kind of bullish divergence, I am keeping the short-term trading call at neutral. I downgraded all the way from bullish to neutral because of the 200DMA breakdown for the S&P 500. Today’s selling just confirmed that trading call. I am assuming the healing process for this technical damage needs to happen in oversold territory. By trading rule, I will flip back to bullish if AT40 drops below 20%.
Keeping an eye on BA LONG Once 370 level gets broken I expect to see a steady climb to 390 levels. Keeping a close eye on this one.
$BA 372 Resistance Idea IF BA Breaks over 372 and holds I think it can see 380-385 rather quickly , but if breaks below 365 and gets pressure due to the whole plane crash issues and fades stock can see 354-355 range.
I'm betting to the downside right now with NOV 16 362.50 puts at 4.80 , stop loss around $3/3.50 or if stock gets over 372 and holds.
This is not financial advice , just giving my opinion and what trade im making.
Watch | Baerish Divergency | Boeing NYSE:BA
Boeing could form a bearish divergency should MACDs tick down on the Daily, or at least don't spike as much as on the former high and then tick down.
Good candidate to watch.
BA.. on point. and there we go - Right at the support line. Expect more selling tomorrow and next week.
$XLF bullish credit spreadNew bullish credit spread on XLF (financials) for OCT 12! Not this Friday. Solid movement this morning in the market and financials is starting to show strength. Decided to take this move out two weeks to allow for the bottom to confirm and some bullish movement to occur.
Entry 27.79
Max profit 28.50
Break even 28.14
0.38:1 risk/reward
BA bearish butterfly and daily shooting star combinationFirst of all, I don't really want to short this name.
But this trade is too good to ignore, a harmonic pattern and daily shooting star combination!
I won't take the trade as I don't have other conviction to short Boeing at all,
but I would very like to record this trade down and see how it goes yo!
Still, this is a better sign for the bulls to take some profit rather than for the bears to create short positions.
Let's see how it goes!
Drones and Virtual Reality - A Spec PlayShares of ARTX look interesting as a speculative play for longer-term investors. The company is in the fields of drones and virtual reality, with recent contract wins with the US military.
At 3 dollars and change, it's a cheap way to play on the long-term growth in those areas, which are bound to see strong growth for some time.
Immediate support lies at $3.35, with additional support below at $3.10 and then $2.70. Upside targets are $3.75 and then the highs at $4.35, or +10% and +28%, respectively from today's close.
I jumped in via calls, specifically the February 2019 $2.50's (currently I.T.M.), paying $1.15 for them. Breakeven comes at $3.65, or 7.4% higher from here... and being so far out, there's plenty of time for this to work.
It may grow in to an investment after I can dig in deeper to fundamentals. I'll update this as more info is known to me. For now, consider it for a spec play or at least keep it on the radar!
Happy trading!
BOEING COMPANY (THE) - Long - Ascending TriangleWe are looking BA and we have this ascending triangle in the weekly chart. We'll be monitoring it but its a long term/swing position as weekly movements take a bit of time to develop.
Conservative play: wait for close above 364.73 and long with short below the formation
Entries: 365.17
Target 1: (trailing stop-loss 25 usd / choose your own targets for taking profits)
Stop-loss: 348.98
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