Don't Expect Boeing Stock to Bounce Back in March [Yahoo! Finance]
Nasdaq, Inc. (NDAQ)
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Source: Yahoo! Finance
workers' strike . While the stock saw a brief rally after the company's most recent quarterly report , investors should not bet on a recovery just yet, as it appeared on a list of 25 worst S&P 500 Index (SPX) names to own in March. According Schaeffer's Senior Quantitative Analyst Rocky White, BA averaged a 5% loss in March over the last decade, settling higher only three times during that period. The stock was last seen up 1.3% to trade at $175.27, indicating a drop of similar magnitude would place it closer to the $166 level. Worst of March Boeing stock carries a 15.2% year-over-year deficit, and has struggled to close above the $188 level despite several attempts since January. The security is today pacing for its fifth-straight close below the 20-day moving average, a trendline that has alternated between support and resistance for the past 12 months. BA 20 Day Options bulls aren't deterred by Boeing's recent woes, however. This is per BA's 50-day call/put volume ratio o
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