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Boeing Soars Amid Two Day Strong Rally and Earnings

stocks and trading




Boeing Soars Amid Two Day Strong Rally and Earnings




It’s been a great two days of rallying for the portfolio. For starters, Boeing gapped up an amazing 10% in these two days. Today, Boeing is up 2.77% so far today. Well, the aerospace and defense company reported $1.76 billion dollars in earnings for the 2nd quarter, and a cash flow of $5 billion for the quarter!

In other news, Facebook (FB) gapped up as well in the past two days. And so did Amazon (AMZN).

As a matter of fact, the top portfolio winners in the past couple of days are: FB, BA and AMZN, respectively.

Will the rally last?

I doubt it. Right now many companies are experiencing record earnings for the 2nd quarter, so I predict this rally will settle down and investors will be hesitant as we close in on the 3rd quarter earnings.

Portfolio Winners in Two Days

Boeing shares soar to record after ‘close to perfect’ earnings report

Boeing shares soared nearly 8 percent to a record high after the world’s biggest plane maker posted second-quarter profit and cash results that beat estimates, and lifted its full-year forecasts.Market Watch

Solana Beach
Saturday August 12, 2017 by Carlos Rull
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stocks and trading
Friday July 28, 2017 by Carlos Rull
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stock performance
Thursday July 27, 2017 by Carlos Rull
Filed as: Stocks
stocks and trading
Thursday July 27, 2017 by Carlos Rull
Filed as: Stocks


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About the author:
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Carlos Rull is a musician living in the San Diego area. His interests include Yoga, Eastern Philosophy, Zen Buddhism, and Gardening. He plays drums, piano, and composes New Age & Ambient music, and his albums are available on iTunes and Amazon.com.

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