Overview: The ongoing strike at Boeing $Boeing(BA)$ has created significant market implications, with more than 30,000 union workers walking off the job, demanding higher wages and an improved pension. As Boeing's stock fell 3.7% on Friday, the broader market remains concerned about the potential long-term effects on Boeing’s financial stability, which has already been weakened by a $60 billion debt burden. While the strike poses risks for Boeing, it also presents opportunities for strategic investors to capitalize on market volatility. Aerospace Industry Under Pressure: Boeing's stock has plunged nearly 40% year-to-date, reducing its market value by approximately $58 billion. The strike adds f
Left-Side or Right-Side Trading: Buy More on Dips or on Rallies?
Left-side trading refers to trading against the main trend, such as buying during a downtrend or selling during an uptrend. Right-side trading, on the other hand, refers to trading in the direction of the main trend, such as going long when the trend is up or going short when the trend is down.
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