Stock Market
Question is..How low can Boeing go?
Some say it will take 5 years for them to rebound. Wanna hold onto a dismal stock that long?
Boeing, , my stops, s, were tripped a long time ago, many times.
I felt, as many, that the only 2 wide body jets, Boeing was pretty safe., and re-entered a few times, the stops did their job, thankfully.
Like Tesla, it has disappointed time after time.
I'm in no hurry to re-purchase either .
Boeing was a "sector leader" for decades, it was an excellent choice, not so much now.
It will come back, unless China gets their wide-body production going.
I expect a coupla years till Boeing becomes favorable, or the planes stop falling outta the air, whichever comes first.
Wish I had a more favorable view, there are lotsa stocks going up.
If you're in love with BA, sell half. Buy a tech. NVDA, AAPL, COST, MSFT, till BA changes direction, - set a stop.
That NDAQ is a huge brokerage, I parked some. $$$ there, for now .
Next time you buy a stock, play with the little "drop-downs", on the order form.
Set a "stop" $10 less, and move it up as the stock goes up.
Phone your broker, a coupla quick questions/instruction, you will
likely limit any loses in future, Boeing woulda been cash in your account.
Tape "CNBC 1/2 time report", dude named Josh Brown, level headed dude.
Speaks smart during troubled times, and I expect trouble election time.