December 21, 2017 | Boeing’s Little Cough

Elsewhere on the page, I’ve noted some slippage in Boeing shares that has begun from a record-high on Wednesday that nonetheless fell a tad shy of our expectations. Is this that ominous cough in the second reel? We should know soon enough. The weakness is worth watching in any case because just a little bit more of it would start breaching prior lows on the intraday charts that are lined up like ducks in a row. That would be bearish, at least for the short-term, and a potential drag on the broad averages.
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Rick Ackerman December 21st, 2017
Posted In: Rick's Picks
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