The FAA on Sunday notified Boeing that over 300
of their planes have "susceptible" parts in them
that could be subject to in flight failure'
Just imagine that for a moment. Let that sink in a bit.
That's on top of the news of the faulty sensor,
that most likely brought down two 737 Boeing Max Planes,
killing hundreds of human lives in 2018, and 2019,.. thus far.
Now just have a look at Boeing's stock chart.
Rarely will you see something that looks like that.
Boeing is a huge contributor to the Dow Industrials,
because of it's high capitalization weighting in the Average.
That in turn continues to be severe downward drag on the Dow,
as it moves down into the proverbial black hole on the chart.
I have been extremely bearish on Boeing,
and their stock for some time now.
Nothing has changed in my opinion of this company,
Avoid at all cost !
BA Last 341.61
THE_UNWIND
6/3/19
NEW YORK
of their planes have "susceptible" parts in them
that could be subject to in flight failure'
Just imagine that for a moment. Let that sink in a bit.
That's on top of the news of the faulty sensor,
that most likely brought down two 737 Boeing Max Planes,
killing hundreds of human lives in 2018, and 2019,.. thus far.
Now just have a look at Boeing's stock chart.
Rarely will you see something that looks like that.
Boeing is a huge contributor to the Dow Industrials,
because of it's high capitalization weighting in the Average.
That in turn continues to be severe downward drag on the Dow,
as it moves down into the proverbial black hole on the chart.
I have been extremely bearish on Boeing,
and their stock for some time now.
Nothing has changed in my opinion of this company,
Avoid at all cost !
BA Last 341.61
THE_UNWIND
6/3/19
NEW YORK