BA - when to buyhi Traders, Let's have a look at BA stock on 1D time frame. BA stock doesn't look good here. The price has been in a down-trend and it's likely to continue this trend. Buy zone: 114 $- 124$ Mid-term Target: 267Longby vf_investment3
BA, buy the dip candidate, but still choppy futures ahead. after breaking out monthly descending wedge and hitting $265 high, we are now at the 200MA around $160. stock will likely chop in the highlighted triangle. very choppy from 160-190. still choppy from 194-265. it is at the buy the dip zone. it is now at the breakout level at ~160 from the december 2022 highs that led to 1 year rally up to 265. Longby js0ng1
Boeing Co(Extended Hours) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # Trend | Time Frame Conductive | Weekly Time Frame - General Trend - Measurement on Session * Support & Resistance * Trade Area | Focus & Motion Ahead # Position & Risk Reward | Daily Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.786 & 1 Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | SellShortby TradePolitics1
Wells Fargo Downgrades Boeing Amid Debt Woes and Delayed GoalsBoeing (NYSE: NYSE:BA ), once a stalwart of American industrial might, faces significant challenges that have cast a shadow over its future prospects. The aerospace giant's financial woes have worsened as Wells Fargo recently downgraded its stock to “underweight,” slashing the target price to $119—a staggering 32% downside from its last closing price. Here's a deep dive into both the fundamental and technical factors that are driving Boeing's troubles. Mounting Debt and Delayed Cash Flow Goals Boeing's financial health is under severe strain as the company grapples with a massive net debt of approximately $45 billion. The debt crisis stems from a series of setbacks, including safety scandals, regulatory curbs on its 737 MAX production, and ongoing supply chain disruptions. As Wells Fargo analyst Matthew Akers notes, Boeing's annual free cash flow (FCF) target of $10 billion, initially projected for 2025-26, now looks unachievable until at least 2027-28. To get back on track, Boeing (NYSE: NYSE:BA ) needs to address its towering debt load before it can consider launching new aircraft development—a critical factor for maintaining market competitiveness against rivals like Airbus (AIR.PA). Wells Fargo estimates that Boeing may need to raise $30 billion in equity to zero out its net debt by 2027, a move that would likely dilute current shareholders. The company's cash flow will remain constrained through 2030 as it prioritizes debt reduction over growth initiatives. Further complicating matters, Boeing's strategic decision-making is under scrutiny. While deferring the launch of new aircraft could help stabilize cash flow, it risks losing market share to Airbus, which continues to dominate in the commercial aircraft space. A scenario where Boeing focuses solely on debt repayment could lead to stagnation, potentially ceding ground to competitors in the long term. Technical Analysis: Breaking Below Key Support Levels From a technical standpoint, Boeing's stock price has been in a downward spiral, exacerbated by the latest downgrade. Shares plunged over 7% on Tuesday, hitting their lowest intraday level since November 2022. The stock is currently trading below all key moving averages, indicating a strong bearish trend. The Relative Strength Index (RSI) stands at 34, signaling that NYSE:BA is oversold but not yet showing signs of a potential reversal. The current price action suggests that Boeing could be headed for even lower levels, with the next major support zone around $149. A break below this level could trigger further downside, with limited immediate catalysts to inspire a rebound. The stock's downward trajectory has been punctuated by a series of lower highs and lower lows, a classic indicator of a sustained bearish trend. Investors should be wary of Boeing's chart, which offers little optimism in the near term. The lack of institutional buying interest and consistent downward pressure point to a potential retest of critical support areas. Moreover, recent volumes have been thin, underscoring a lack of confidence among major players in the market. A Long Road to Recovery Boeing's path to recovery is fraught with challenges. The combination of staggering debt, delayed cash flow targets, and potential shareholder dilution paints a bleak picture for the company's near-term outlook. Fundamentally, Boeing needs to address its debt woes and regain investor confidence, while technically, the stock faces significant resistance levels that may cap any upward momentum. For investors, NYSE:BA currently spells caution. The stock's inability to find a firm footing amid a series of bearish headlines suggests that Boeing's turbulence is far from over. Unless there is a substantial shift in the company's strategy or market conditions, the stock may continue to face downward pressure, making it a risky bet in an already volatile market environment.Shortby DEXWireNews226
Boeing Faces Another Setback: Cracks Discovered in 777X JetlinerBoeing's turbulent year continues as the aerospace giant confronts yet another major issue. During initial test flights of its cutting-edge 777X jetliner, Boeing (NYSE: NYSE:BA ) discovered cracks in a critical structural component, adding to a growing list of setbacks for the company. The Discovery The cracks were identified during routine inspections following test flights in Hawaii. The affected component is the thrust link, a crucial part that connects the plane’s massive engines to the airframe. This link, made from heavy-duty titanium, is unique to the 777X and integral to the aircraft's overall integrity. The discovery of these cracks has forced Boeing to ground its entire 777X test fleet as engineers work to replace the faulty parts and analyze the root cause. A Boeing (NYSE: NYSE:BA ) spokesperson commented, "During scheduled maintenance, we identified a component that did not perform as designed. Our team is replacing the part and capturing any learnings from the component and will resume flight testing when ready." Financial and Reputational Impact This latest incident comes at a time when Boeing (NYSE: NYSE:BA ) is already struggling with several other crises. The company’s stock has plummeted more than 30% this year, largely due to a series of safety and mechanical failures. Earlier in January, a door plug detached mid-flight from a Boeing 737 MAX 9 operated by Alaska Airlines, prompting the Federal Aviation Administration (FAA) to ground expansion plans for the 737 MAX. The 777X, Boeing’s most advanced commercial aircraft, was initially slated to enter service in 2020. However, due to increased regulatory scrutiny and ongoing safety concerns, this date has been pushed back multiple times, now tentatively set for 2025. The latest discovery of cracks in a key component could delay the 777X's entry into commercial service even further, exacerbating Boeing’s financial woes. The Bigger Picture This incident is the latest in a string of safety concerns that have plagued Boeing in recent years, starting with the tragic crashes of two 737 MAX aircraft in 2018 and 2019. Those crashes, which claimed the lives of 346 people, triggered a global grounding of the 737 MAX fleet and resulted in Boeing agreeing to a $243.6 million fine and a three-year probation period as part of a plea deal with the U.S. Department of Justice. In light of the new issues with the 777X, Boeing’s reputation is once again under scrutiny. The company, which once held an untarnished reputation for safety and innovation, is now viewed with increasing skepticism by regulators, airlines, and the flying public. Technical Outlook Boeing's (NYSE: NYSE:BA ) stock experienced a 4.2% decline at the close of Tuesday's trading session, and its Relative Strength Index (RSI) indicates an oversold condition at 46. Moreover, the stock is currently trading below the 50, 100, and 200 Moving Averages (MA), signaling a strong bearish trend. A bearish harami candlestick pattern is visible on the daily price chart, further indicating downward pressure. It's apparent that Boeing (NYSE: NYSE:BA ) has undergone a series of price corrections and has been confined within a falling wedge pattern for some time now. A potential bullish signal could occur if the stock manages to surpass the 200-day MA, signaling a potential reversal in trend. Looking Forward As Boeing (NYSE: NYSE:BA ) works to resolve the cracks in the 777X, the company faces significant challenges ahead. Not only must it address the technical flaws in its latest aircraft, but it also needs to restore confidence in its ability to deliver safe and reliable planes. With the aviation industry closely watching, Boeing’s next steps will be crucial in determining whether it can recover from this series of setbacks or if it will continue to struggle in the years to come. For investors, the situation remains precarious. Boeing shares (NYSE: NYSE:BA ), which have already suffered steep declines, could face further downward pressure if the 777X’s issues lead to additional delays or safety concerns. The company’s ability to rebound from this latest mishap will depend on its response to the crisis and its capacity to regain the trust of both regulators and the public.Shortby DEXWireNews7
$BA is ready to fly NYSE:BA at critical juncture. Bouncing off support at $169.85, eyeing resistance at $175.46. YUSUKE alert: $187.50 Call for 08/23/2024. Bullish divergence on weekly chart suggests potential upside. Watch for break above descending trendline. #BoeingOptions #TechnicalAnalysis Boeing (BA) is currently at a pivotal point technically, with several key levels and patterns emerging across multiple timeframes. Key Technical Levels: - Support: $169.85 - Resistance: $175.46, $191.17 - Current Price: Around $170 (based on chart) Weekly Chart Analysis: The weekly chart shows BA forming a potential bullish reversal pattern. The stock has been in a downtrend since early 2019, but recent price action suggests a possible trend change: 1. Long-term descending trendline resistance around $205-$210. 2. Potential inverse head and shoulders pattern forming, with the neckline at the descending trendline. 3. Bullish divergence on momentum indicators (not shown, but implied by the chart structure). Daily Chart Analysis: The daily chart provides a closer look at the near-term price action: 1. BA is currently testing the $169.85 support level. 2. The stock is trading below its descending 50-day moving average, indicating short-term bearish sentiment. 3. Immediate resistance at $175.46, with further resistance at $191.17. 4. The stock is near the lower boundary of its recent trading range, suggesting a potential bounce. Options Flow Alert: The YUSUKE alert system has detected notable call option activity for BA: - Contract: $187.50 Call expiring 08/23/2024 - Expiry: Over 1 year out, suggesting a longer-term bullish outlook This options activity indicates that some traders are positioning for potential significant upside in BA over the next year. The strike price of $187.50 is well above the current stock price and even above the immediate resistance levels, suggesting an optimistic outlook. Conclusion: Boeing's stock is at a critical juncture. The long-term chart suggests a potential bullish reversal if the stock can break above the descending trendline. In the near term, the stock is testing support and could see a bounce. The options flow adds weight to the bullish case. However, investors should be cautious. Boeing faces ongoing challenges with its 737 MAX program and broader industry headwinds. A failure to hold the $169.85 support could lead to further downside. Key levels to watch: - Bullish scenario: Break above $175.46, then $191.17 - Bearish scenario: Break below $169.85, with next support at $162.92 As always, combine this technical analysis with fundamental research and manage your risk appropriately. Longby Yusuke_Trading115
BA - Boeing: many gaps to fill above...Trading at 72% below our estimate of its fair value Earnings are forecast to grow 80.87% per year Trading at good value compared to peers and industry Analysts in good agreement that stock price will rise by 31.7% Longby Maximus200003
BOEING Stock Chart Fibonacci Analysis 080424Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 174/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the Support D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day. by fibonacci6180111
BA breakdown Possible . US Stock176 below trendline & support breakdown possible I am expecting 160 soon . 160 below will revise target What Is your ViewShortby Equity_Research_Analyst-02111
$BA #BuyWholesaleSellRetail BA is looking like a nice wholesale opportunity $159-$195 buying range and retail area above that long hold ... buy time as always ! Looking for reatail area around $267 and possibly a golden ratio of $334Longby ImmaculateTonyUpdated 0
Buy Boeing It's giving breakout despite of poor results... Enjoy Trade with GkLongby GKTrademanthan553
Boeing Stock Climbs on CEO Appointment Despite Earnings MissOverview Dow Jones aerospace giant Boeing (NYSE: NYSE:BA ) experienced an unexpected stock rise after appointing a new CEO, despite missing estimates for its second-quarter results. Here’s a comprehensive analysis of Boeing’s recent performance, the challenges it faces, and what the future holds under its new leadership. Q2 Earnings Report: A Disappointing Performance Boeing's second-quarter financial results revealed a deepening loss, reporting an adjusted loss of $2.90 per share. This was significantly wider than the FactSet analysts' expected loss of $1.90 per share and a marked increase from the $0.82 per share loss in the same period last year. The company's total revenue fell by 15% to $16.87 billion, missing the estimated $17.35 billion. Commercial Airplane Segment Struggles The commercial airplane segment faced severe challenges, with revenue plummeting 32% to $6 billion, driven by a corresponding 32% drop in deliveries. Boeing delivered 92 airplanes during the quarter, maintaining a robust backlog of over 5,400 planes valued at $437 billion. Despite the backlog, the immediate decline in deliveries and revenue underscores the operational difficulties Boeing is grappling with. Efforts to Improve Safety and Quality In response to a series of mechanical issues earlier this year, Boeing submitted a comprehensive safety and quality plan to the Federal Aviation Administration (FAA). Current CEO Dave Calhoun emphasized the company’s commitment to enhancing its quality management system, stating, "While we have more work ahead, the steps we're taking will help stabilize our operations." Production Outlook Boeing ( NYSE:BA ) plans to increase production of its 737 aircraft to 38 planes per month by the end of the year and boost 787 production to five planes per month. These production increases are crucial for Boeing as it aims to recover from recent setbacks and meet growing market demand. Performance in Other Segments Boeing's defense, space, and security revenue saw a slight decline of 2% to $6.02 billion. However, the global services segment reported a 3% increase in revenue to $4.89 billion. Despite these mixed results, Boeing's diversified portfolio provides a buffer against the challenges faced in the commercial airplane segment. Free Cash Flow and Financial Health A major concern for investors is Boeing’s free cash flow, which was negative $4.3 billion for the quarter, compared to a positive $2.6 billion in the same quarter last year. Managing cash flow effectively will be critical for Boeing as it balances investment in production and innovation with financial stability. Strategic Acquisition In early July, Boeing announced a strategic acquisition, agreeing to buy supplier Spirit AeroSystems (NYSE: NYSE:SPR ) for $4.7 billion. This deal, expected to close in mid-2025, aims to enhance Boeing’s supply chain capabilities and support its long-term growth strategy. Leadership Change: A New CEO A significant development for Boeing is the appointment of Robert K. "Kelly" Ortberg as the company’s new president and CEO, effective August 8. Ortberg, 64, brings over 35 years of leadership experience in the aerospace industry. He previously led Rockwell Collins, overseeing its integration with United Technologies and later with RTX Corporation. Ortberg will succeed Dave Calhoun, who announced his plans to retire earlier this year. Calhoun has been with Boeing since 2009 and has served as CEO since January 2020, navigating the company through significant challenges, including the 737 Max crisis and the impacts of the COVID-19 pandemic. Market Reaction Despite the disappointing earnings report, Boeing ( NYSE:BA ) stock climbed 1.5% early Wednesday on the news of Ortberg’s appointment. The stock has rebounded from its late April lows but remains down more than 28% in 2024, making it one of the worst-performing stocks on the Dow Jones Industrial Average. The stock currently has a Relative Strength Index (RSI) of 55.31, which suggests that there is a significant potential for strong growth in the near future. This particular figure is especially notable given that the stock has recently demonstrated a falling wedge pattern, a formation that is generally recognized as indicative of impending bullish reversals in the price trend. This pattern is often interpreted as a precursor to an upward movement in stock prices. As a result, market participants are beginning to anticipate a decisive move toward the pivotal $217 point. Such a movement is expected to further reinforce Boeing's existing rising wedge formation, which aligns with the notion of a bullish shift in the stock's trajectory. Consequently, this anticipated behavior is likely to bolster investor confidence and enthusiasm surrounding the stock, as it suggests a positive turnaround and an upward momentum in its future performance. Challenges Ahead Ortberg will face several significant challenges as he steps into his new role. Boeing ( NYSE:BA ) is dealing with persistent financial losses, increased regulatory scrutiny, and a crisis of confidence from airline customers facing delivery delays. Additionally, the company is engaged in tense labor negotiations, with the threat of a strike looming. Conclusion Boeing’s Q2 earnings report highlighted ongoing operational and financial challenges. However, the appointment of Kelly Ortberg as CEO brings renewed optimism for the company's future. With his extensive experience and proven leadership in the aerospace industry, Ortberg is well-positioned to steer Boeing through its current difficulties and towards a more stable and prosperous future. As Boeing ( NYSE:BA ) works to enhance its safety and quality systems, ramp up production, and navigate regulatory and financial hurdles, investors will be closely watching to see if these efforts translate into a sustainable recovery and long-term growth. With a strong backlog, strategic acquisitions, and a focus on operational excellence, Boeing aims to regain its footing and reaffirm its position as a leader in the aerospace industry.Longby DEXWireNews7
Boeing (BA)Long Entry: Above $190 (Confirmation of breakout above consolidation) Targets: $197.91 (Immediate), $202.81 (Medium term), $223.40 (Long term) Stop Loss: $182.23 Bearish Scenario: Short Entry: Below $180 (Confirmation of breakdown below support) Targets: $171.83 (Immediate), $161.64 (Medium term), $141.06 (Long term) Stop Loss: $190 Speculative Price Target: 12-Month: $213.64 (+14.33% from current levels) Bullish Peak: $275.00 (+47.17%) Bearish Bottom: $140.00 (-25.08%) Boeing's current technical setup shows potential for a significant move. With mixed indicators but strong buy signals from moving averages and a neutral RSI, traders should prepare for a breakout. Watching key levels around $190 for a long position or $180 for a short position will be crucial. Given the upcoming earnings report, it's imperative to stay agile and adjust strategies based on market reactions.by AxiomEx0
Boing (BA) Earnings Prediction and Technical AnalysisBased on recent trends and historical data, there's a balanced outlook for Boeing's upcoming earnings report. Revenue has seen a slight decrease on average, but EPS has shown minor improvements. With Boeing beating earnings estimates in about 57% of the last seven quarters, there's a moderate chance of positive earnings. **Technical Analysis:** - **Resistance Levels:** $200.32 and $215.55 - **Support Levels:** $171.43 - **Indicators:** Bullish MACD crossover, trading near the upper Bollinger Band indicating potential overbought conditions but a bullish trend. - **Chart Patterns:** Bullish flag pattern and consolidation phase within a blue channel suggest potential upward movement if resistance levels are breached. Overall, expect a cautious but slightly optimistic earnings report, with technical indicators supporting a potential bullish breakout. Dr SAUDLongby DrSaud1114
Who's trading the wedge for earnings? An ascending wedge followed by a huge decline gives a bad sign. I think the earnings call coming next week. There's going to be a huge decline. Not sure about how much percent but it's going to be a good show to watch! 🍿 A good thing is to do is to trade the wedge before the earnings. If you're not sure, that's what I've been doing just to stay on the safe side, but I believe it's going to dropShortby Sammy2u_0
Who's trading the wedge for earnings? An ascending wedge followed by a huge decline gives a bad sign. I think the earnings call coming next week. There's going to be a huge decline. Not sure about how much percent but it's going to be a good show to watch! 🍿 A good thing is to do is to trade the wedge before the earnings. If you're not sure, that's what I've been doing just to stay on the safe side, but I believe it's going to dropShortby Sammy2u_0
BA Channel breakdown possible , US Stock Channel breakdown possible 179 below price close below 21 ema 176/172/168 expected to test soonShortby Equity_Research_Analyst-023
Boeing UpdateI can't say I have had a great past few months holding NYSE:BA , but whatever. I still see value here, I recently flew on a 737 and it went smoothly. I expect the ratio to hold between 3.1 and 3.6 until the company does something right. If recession is on the horizon, expect cheap NYSE:BA shares in the future. Will be buying the whole way down. One day this will all make sense and I will be extremely rich. Will provide another Boeing update in a few months. Hold the line.Longby bruv671
Boeing | BA | Long at $180Boeing NYSE:BA is getting bad press (and rightfully so) due to quality/safety assurance issues, but I view this dip as a buying opportunity for future returns. The company expects profitability beyond 2024 and once that happens, I expect this ticker to soar. There may be some pains in the near-term, but long-term, it is in my buy zone at $180.00. Target #1 = $260 Target #2 = $335 Target #3 = $414Longby WorthlessViews1
BA - Bear flagging on the daily timeframeBoeing on the Daily timeframe seems to forming a classic bear flag pattern. I am not short yet on BA for below reasons: 1. From the Daily chart, BA has formed Hammer at the bottom trendline - which may indicate a price move to the upside 2. There is another trendline(blue) - watching to see its reaction there 3. Need a clear confirmation on the breakdown (bear flag breakdown) rather than jumping now Added BA to my watchlist with alerts in place if we indeed breakdown, targets to the downside will be 170-160-150 PS: No position yet on the short side, as I am waiting for confirmationShortby adkis0
Boeing's CHAMP: Game-Changing EMP Missile Reshapes WarfareThe recent deployment of Boeing's Counter-electronics High-Powered Microwave Advanced Missile Project (CHAMP) marks a significant leap forward in electronic warfare (EW) capabilities. This analysis explores potential investment implications for the defense sector and companies involved in CHAMP's development. Disruptive Innovation in Electronic Warfare: CHAMP introduces a game-changing weapon – a non-nuclear, precisely targeted EMP missile with minimal collateral damage. This disrupts traditional warfare strategies heavily reliant on kinetic strikes, potentially increasing demand for advanced EW solutions across the board. Investment Opportunities in Key Players: Companies like Boeing (BA) taking the lead in CHAMP's development, alongside Raytheon (RTN) providing the high-powered microwave technology, and Lockheed Martin (LMT) supplying the delivery platform, are well-positioned to benefit from this disruptive innovation. Their involvement in CHAMP could translate to lucrative government contracts and potentially drive stock prices. Strategic Advantage and Broader Implications: CHAMP's high-precision targeting offers a significant strategic advantage. Unlike its nuclear predecessors that could blackout entire regions, CHAMP can selectively neutralize specific enemy electronic infrastructure, minimizing civilian casualties. This selective approach could lead to increased investment in EW technologies across the defense sector as nations seek to counter potential threats and gain a strategic edge. Investment Considerations: Monitor Defense Sector Performance: Closely track the performance of defense sector companies, particularly BA, RTN, and LMT, as CHAMP's deployment unfolds. Shifting Defense Spending: Analyze potential shifts in defense spending priorities towards advanced EW technologies as the strategic landscape evolves. Governments recognizing the potential of CHAMP-like capabilities may allocate more resources to develop and acquire similar systems. Geopolitical Landscape: Consider the broader geopolitical landscape. Increased tensions or conflicts between nations could further elevate the importance of EW capabilities and potentially accelerate the adoption of CHAMP or similar technologies. Longby signalmastermind113
Potential Bear Flag in BoeingBoeing has climbed since its last earnings report, but some traders may look for longer-term selling pressure to resume. The first pattern on today’s chart is the series of higher highs and higher lows since early May. Notice how the aerospace stock seems to have made a lower high in early July. That may be considered a bearish flag resolving to the downside. Next, some short-, intermediate- and long-term moving averages are close together: the 8- and 21-day exponential, plus the 50- and 100-day simple. Those could suggest a consolidation phase is nearing an end. Third, Bollinger Bandwidth is starting to expand after narrowing. Will that period of price compression give way to expansion? TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means. by TradeStation8