Boeing Jumps 10% In One Day!
1) It's chart. 2) A look at how two series of Calls reacted to this news. This time around the volume of options in these two Call positions and other Boeing Call option positions spiked. What a poor way to be offering this kind of guidance. 3) The news. The exact wording of what was said by it's C.F.O. can be found on other news outlets. It wasn't presented in formal way or in a clear and professional manner. 4) Here is why the timing of this news was so welcomed. Here is Boeing's news from 31 days before. What a different story. One month ago Boeing dropped to $205.00 on this news. The bottom line to all of this is that this kind of "happy days" news is putting so many other stocks like Caterpillar in unchartered territories. It's all kind of like walking on eggs. 5) As just mentioned, Caterpillar today also jumped up on this burst of euphoria. Caterpillar didn't really have any good news of it's own. 6) Deere recently had a decent earning...
