BOEING too big to fail…it will fly again

Boeing has been in a downward trend for a year due to the grounding of the 737 Max.  What has impressed me about the resilience of the stock price, is the peak-to-trough decline has thus far only been about 25%.  Last year, several times I successfully traded Options against it and outright bought the stockContinue reading “BOEING too big to fail…it will fly again”

Bought BA, XOM & CVX for long term holds

Today I made three purchases for long term holds: Boeing BA- The 737 Max has not yet been cleared to fly; however, I think the worst is behind the stock. Over the past 9 months, I have successfully played the volatility with Option contracts, and now I think it’s time to buy.  Short term thereContinue reading “Bought BA, XOM & CVX for long term holds”

Sell in May…miss a record HIGH

The old Wall Street adage, “Sell in May and go away,” was a little off this year.  The May downturn presented an excellent buying opportunity.  Thursday the S&P500 posted a new record high. Will it hold?  I think that depends on what kind of “happy talk” comes out of the upcoming G20 meeting, especially betweenContinue reading “Sell in May…miss a record HIGH”