No dispute with the weight of BA. But the market, and the overall economy, is not BA! Short-lived trading opps at best. BTW: there is nothing out-of-the-box with your thinking. Conventional wisdom actually... Glom onto anything gloomy because the market "is due". This is it. BA is the catalyst!
It is OK to disagree. We all have different opinions. If we are all in violent agreement, there is no benefit posting. You reminded me of this fellow who posted a thread on MCD in trouble and would be out of business in 5 year and that was back in 2015 with MCD trading @ around $85, trading at ~ $195 today. https://www.elitetrader.com/et/threads/mcd-is-in-big-trouble-may-not-exist-in-5-years.290903/ He disappeared since. Hope you won't disappear on us. Happy holiday to you and your family.
Boeing is not going to go away. Consider this a dip to buy. Their 737 airframe is not a problem, it is the software in the MAX version that is causing the bruhaha. They are not halting production of the 737, they are halting production of the 737 MAX until the FAA clears that model for airworthiness. And to call out Boeing on Ryanair's issues? Dude, do you realize they are about as discount an airline as you can get? How proficient are their maintenance crews? The statement you cited about Airbus aircraft being "safer" is also based on some bad statistics, because Boeing craft have flown a bazillion more miles than Airbus. So per mile, yes, Airbus has a better safety record on that front. Simply because the law of averages has not caught up to them yet. I watch that show on the Smithsonian Channel called Air Disasters, and Airbus examples come up the same as, if not a bit more, than Boeing examples when it comes to mechanical failures. BTFD.
I remember that. I also remember the early 2000's when MCD traded down toward $10. It was going out of business because everyone was going to start eating healthy
MCD is going to go back down towards $10 per share if the franchisees keep hiring ignorant, rude morons working the counter. (Sorry, had a bad experience with the local MCD here on two occasions recently. Feeling a bit bitter lol!)
I agree with this, i think if we get a 30% drop, it would be buying opportunity of a lifetime. Easy to say that now tho.
Yeah well i'm not loyal to my ideas, i just want to be on the right side. I might disappear from the forum, but from trading it would only be if i mastered it and got bored or if i died. But i think everything is aligning for a move somewhat of what i'm describing. Maybe trump gets impeached and market crashes. That'd be something. Then he candidates again in a year and wins And to overnight, i don't trade based on fundamentals at all... While i do believe markets are moved by fundamentals, i don't have to understand them to trade the price... But i'm thinking of possible scenarios that would match with such price action
Sell or this case buy the news, it'll create a dip, then be forgotten and that's the time to buy not to short, market always does the opposite of what you'd expect. Only 1 plane out of many and rockets and all sorts, they'll be fine.