NYSE:BA   Boeing Company (The)
Pretty much same as before, but looking at overall market including commodities and bigger ETFs I feel like i narrowed the movement prediction. I think we get a bull trap move up across all markets before a flush down. I believe we will get another couple months of bull market after that said flush before a bigger correction that has been due. The market is too frothy and trusting the Fed to keep up its purchases. I doubt the Fed will stop but the fear of tapering and narrative of retail money going away as the economy opens back up as well as loss of government backed free money like extra unemployment pays will cause a market wide sell off. I'm marking sometime in September for the larger correction to occur which lines with the extra unemployment payments to stop and IF we do rally into September, that will make my idea more reliable. Considering tech sector is wayyy too hot and the reopening narrative that will only grow over the coming months, Boeing seems like a solid play for short to medium term play.

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