Ok so earnings are really pointing to some weakness, although the market isn’t reacting strongly because expectations have been tamped down so much in preparation.
We’ve really seen the effects of inflation with Boeing and I think there’s an opportunity to play it to the short side.
Currently at 209, I think it could be headed down to 188.
► So today’s free daily pick is to short BA.
To get my specific trigger, target and stop loss, subscribe to The Daily Pick right now for just $9/mo!
The Daily Pick is Don’s daily alert service, where for just a few dollars a month, he gives you a pick every trading day, complete with triggers, stop loss and profit targets.
ABOUT DON’S DAILY BRIEF:
Every market day, Don Yocham scans thousands of potential stocks, whittling down the list to just a handful that could be setting up to make BIG moves.
The top idea from his daily scan ends up here.
For specific trade instructions, including triggers and stop loss levels, take a look at The Daily Pick, where for just a few dollars a month, you’ll get full trade instructions on Don’s top idea each day.
