Tag: Busy

Still-Cheap Boeing’s a Bargain as the Manufacturing Giant Stays Busy

InvestorPlace – Stock Market News, Stock Advice & Trading Tips

Aerospace and defense icon Boeing (NYSE:BA) is known for building planes and missiles. Yet, in reality Boeing is a highly diversified manufacturing company with a broad array of product lines, a fact that’s underappreciated by some BA stock traders.

Source: Alex JW Robinson / Shutterstock.com

Another feature that not everyone appreciates is just how cheap BA stock really is. The share price was hit hard by the onset of the novel coronavirus and still hasn’t recovered. This means that it’s not too late to get in at a good price.

While the trading community is distracted by the latest initial public offering (IPO) or special purpose acquisition company (SPAC), you have a prime opportunity to invest in a legacy manufacturer with pedigree and staying power.

So, let’s conduct a technical breakdown to see how beaten-down BA stock really

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The Week Ahead – Data, Covid-19, Geopolitics and More to Keep the Markets Busy

For the Dollar:

It’s a particularly busy week ahead on the economic data front.

Early in the week, September consumer confidence figures will be the key driver on Tuesday.

The market focus will then shift to September ADP nonfarm employment change figures due out on Wednesday.

While finalized 2nd quarter GDP numbers are also due out, these are unlikely to have a material impact on the day.

On Thursday, August inflation and personal spending figures are due out along with the ISM Manufacturing PMI for September.

With the weekly jobless claims also due out, there’s plenty to consider ahead of Friday’s labor market numbers.

At the end of the week, September’s nonfarm payroll and the unemployment rate will also have a material impact.

Trade data, finalized Markit survey PMIs, factory orders, and Michigan consumer sentiment figures should have a limited impact in the week.

Throughout the week a plethora

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