Boeing Company (BA)

[leftovers]

Not good:

There's a bear case with BA that has little to do with the MAX. BA's dividend isn't covered at all and the demand for air transport has suddenly plummeted.

You selling? LOL Things right now are not looking good at all for the Market overall.

You have to ask yourself at this point what kind of news could turn things around? Rate cuts? Nothing left to Cut. Vaccine? 1-2 years New President? Uncertain for 9 more months!

Even Warren your mentor has predicted further decline! I am playing the market in a cash position by taking out Calendar spreads and selling PUT Premium And buying Puts 3-4 month out.

This way I can collect the weekly premium and in the event I have to take assignment I am protected to any downside move!

This market is just a little choppy for the average investor In fact I think even seasoned traders are very nervous right now!

Oh Ya I am in Ukraine and my daughter just told me that the schools are closed till end of March because we now have ONE known case from a Italy return person in the city 35 kilometers away. The general Public is spooked.

I mean when people start drinking Clorox for protection you just might have epidemic of Death!LOL

Cheers