Morning Notes- Boeing up as profits and sales soar past estimates!

Hello Everyone,

Boeing raises 2014 estimates forecast again as it soars past estimates.

The company reported an 18% increase in quarterly profit and raised its full-year core earnings forecast for a third time. The company earned $1.86 per share for the third quarter up from a $1.51 per share from a year earlier.

VIX  20%    BELOW 10 ma         RSI 30.15     Close to a  SELL

MARKET Trend: CORRECTION MODE

Put/Call ratio .60                 Above 1.20 Bullish, Below .40 bearish.

U.S. retail sales and CPI due out today.

Earnings out today: T,BA,DOW,NOC

Dow Futures: +23 points         Oil 82.86  +.35

Have a great trading day.

Posted to Stock & Option Scout on Oct 22, 2014 — 9:10 AM

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