BOEING (#BOEING) weekly special report based on 1 Lot Calculation:
AEROSPACE & DEFENSE MARKET INDUSTRY
- GLOBAL AEROSPACE AND DEFENSE MARKET SIZE: According to Price Waterhouse Cooper (PwC), the Aerospace and Defense industry is currently worth around $760b as of the end of 2023, growing from $748.6b in 2022.
- THE MARKET: GROWTH IN AEROSPACE AND DEFENSE EXPECTED TO CONTINUE: According to analysts, the market is forecasted to grow to $1388b by 2030, representing a compounded annual growth rate of 8.2%.
BOEING
- THE COMPANY: The Boeing Co. is an aerospace company, which engages in the manufacture of commercial jetliners and defense, space, and security systems. The company is one of two manufacturers of 100+ seat airplanes, with Airbus being the other.
- MARKET SHARE: Boeing is the 2nd largest company in the sector with ~9% of the market share. The biggest aerospace & Defense company is Raytheon Technologies (9.06%), followed by Boeing (9.00%) and Lockheed Martin (8.91%) respectively.
DONALD TRUMP WAS ELECTED THE 45TH PRESIDENT IN 2016 AND HE STAYED IN POWER UNTIL 2020
- CORPORATE TAX CUTS: DONALD TRUMP LOWERED THE CORPORATE TAXES TO 21% FROM THE PREVIOUS 35%. The Tax Cuts and Jobs Act significantly reduced corporate tax rates, enabling Boeing to invest production.
- REGULATORY RELIEF: The Trump administration's regulatory reliefs reduced compliance costs across industries which created a favorable environment for growth. Relaxed rules enable Boeing to operate more efficiently.
- INVESTORS CONFIDENCE BOOST: Tax benefits and lower compliance costs improved Boeing’s profitability and reinvesting in key growth areas, which in turn fueled positive investor sentiment and attracted more investment.
HISTORICAL PERFORMANCE: STOCK PERFORMANCE AFTER 3, 6 AND 12 MONTHS AFTER DONALD TRUMP WAS ELECTED PRESIDENT IN THE USA IN 2016
|
Company |
TICKER |
3 months after the elections 2016 |
6 months after the elections 2016 |
12 months after the elections 2016 |
|
BOEING |
#BOEING |
17.1% |
30.62% |
87.53% |
Data Source: Bloomberg Terminal; Meta Trader 4 Platform;
Please note that past performance does not guarantee future results
DONALD TRUMP WAS ELECTED PRESIDENT OF THE U.S.A. AGAIN ON NOVEMBER 5, 2024.
- LOWER CORPORATE TAXES AND REGULATORY EASING: CORPORATE TAX RATES ARE EXPECTED TO DECREASE FROM CURRENT 21% TO 15%. Likely corporate tax cuts and eased regulations could boost profitability and reduce compliance costs.
- AMERICA – FIRST POLICIES and Business Expansion Support: Policies encouraging U.S.-based production, such as tax credits or subsidies, could lower Boeing’s costs.
BOEING: PRICE ACTION
- THE STOCK HIT AN ALL TIME HIGH OF $445.61 ON MARCH 1, 2019. Boeing was last trading around $146.00, and if a full recovery follows recent all- time highs, the stock could see an upside of around ~205%. However, the price could decline further.
- ANALYSTS OPINION: Deutsche Bank forecasts $195, Citigroup forecasts $209. Goldman Sachs forecasts $202
#BOEING, November 21, 2024
Current Price: 146
|
BOEING |
Weekly |
|
Trend direction |
|
|
300 |
|
|
200 |
|
|
166 |
|
|
127 |
|
|
120 |
|
|
115 |
Example of calculation based on weekly trend direction for 1 Lot1
|
BOEING |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
154,000 |
54,000 |
20,000 |
-19,000 |
-26,000 |
-31,000 |
|
Profit or loss in €2 |
146,403 |
51,336 |
19,013 |
-18,063 |
-24,717 |
-29,471 |
|
Profit or loss in £2 |
121,960 |
42,765 |
15,839 |
-15,047 |
-20,591 |
-24,550 |
|
Profit or loss in C$2 |
215,160 |
75,446 |
27,943 |
-26,546 |
-36,326 |
-43,311 |
- 1.00 lot is equivalent of 1 000 units
- Calculations for exchange rate used as of 13:00 (GMT) 21/11/2024
There is a possibility to use Stop-Loss and Take-Profit
- You may wish to consider closing your position in profit, even if it is lower than the suggested one.
- Trailing stop technique could protect the profit