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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

  • Unfortunately, we could not get stock quote FB this time.
  • Unfortunately, we could not get stock quote BA this time.
  • Unfortunately, we could not get stock quote AMZN this time.

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
Filed as: Stocks
stocks and trading
Friday July 28, 2017 by Carlos Rull
Filed as: Stocks
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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