Boeing (BA) has been running higher since the end of January, right after a really good Q4 earnings report. It moved over $60 or over 15% in little more than 1 month. What goes up quickly, sometimes pulls back quickly. BA is down over 2% today. Don’t worry, BA is fine, it’s just everyone jumping off the bandwagon trade.
Recent Related Articles
Amid a Bullish Yet Choppy Market, Here’s What Investors Should Do Now
How Our Traders Learned to Stop Worrying and Love the Volatility
As the Rally Pushes Its Luck, the Smart Money Seeks “Defensive Growth”
Friday Outlook: Next Week’s Setup—and a Tax Trick for Portfolio Laggards
How to Beat the Casino Economy (Without Losing Your Shirt)
Friday Outlook: The Fed, Not the Trade Truce, Calls the Shots
The Bull Turns Three and Refuses to Act Its Age
Friday Outlook: The Economy Makes No Sense — But Smart Investors Can Still Win
Exploring the Future of Options Trading with AI