Identifies themes and clusters of stock movements
Market TodayThemes and Stocks AnalysesThematic Stock SearchClick here for daily refresh schedule
Boeing and Suppliers Stocks$63.06
7.29%4:00PM 11/23/2020
Boeing Co. is planning more support for suppliers for its 737 MAX jetliner program to prepare them for restarting production—and to dissuade some from seeking more business from Airbus SE
Latest intraday update before market close @ 19:40:00 PM 11/23/2020
Summary :
Average return is up 6.9%
Median return is up 6.5%
5 out of 5 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information


  • The momentum of the sector is very strong.
  • Boeing and Suppliers stocks up 7.3% on average while median return up 6.8% in a day
  • Boeing and Suppliers stocks up 7.9% on average while median return up 5.9% in a week
  • Boeing and Suppliers stocks up 47.0% on average while median return up 54.3% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes

Index Constituencies

Related Stocks (click on ticker for detail)

Related ETFs (click on ticker for detail)

leak data

  • 1M winners are : Winners for past month are $SPR 74.2%, $TGI 71.5%
  • 1M losers are : Losers for past month are
  • 1W winners are : Winners for past week are $TGI 16.9%, $SPR 8.0%
  • 1W losers are : Losers for past week are
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 85.8%, for the past 3 months is 77.9%

In the past month for a 5 days rolling window, the highest corrrelation is 98.2%, the lowest correlation is -5.5%, the latest correlation is 68.4%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 93.0% between BA and SPR

The lowest correlation is 75.8% between HXL and RTX

Stock news

    10 Best Stocks in the Dow This Past Week: Boeing Rises

    The top 10 best-performing stocks in the Dow Jones Industrial Average over the past week included Boeing, Nike and Disney among others.

    Boeing Stock Could Remain Grounded as 737 MAX Flies Again

    Bulls and bears both have strong arguments about the company, which has been battered by downturn in flying

    UK gearing up to maintain tariffs on U.S. goods in aircraft subsidy case -UK official

    Britain is gearing up to continue imposing retaliatory tariffs on U.S. goods over subsidies provided to Boeing Co as it completes its withdrawal from the European Union at the end of the year, a UK official familiar with the matter said on Friday. Although Britain left the trade bloc on Jan. 31, it joined Brussels in slapping tariffs on $4 billion of U.S. goods earlier this month under a transitional arrangement with Brussels that expires at the end of the year. Technically that means Britain ...

    How to Trade Boeing After 737 MAX Approval

    Boeing trades higher, continuing its strong rally over the past few weeks. This time the gains come on news of the FAA approving its 737 MAX jet.

    Spirit AeroSystems Analyst Turns Bullish, Sees 'Broader Aerospace Recovery'

    The FAA's ungrounding of the 737 Max and recent positive coronavirus vaccine news bode well for Spirit AeroSystems Holdings, Inc. (NYSE: SPR), according to Canaccord Genuity.The Spirit AeroSystems Analyst: Ken Herbert upgraded Spirit AeroSystems from Hold to Buy and raised the price target from $21 to $40.The Spirit AeroSystems Thesis: Although the stock has recovered substantially from its recent lows, it is still down around 65% year-to-date, underperforming aerospace peers, Herbert said in th...

    Boeing: Defense and Space Business Under Pressure

    Development delays and cost overruns have weighed heavily on a key profit center for the aerospace giant

    The Zacks Analyst Blog Highlights: Boeing, Southwest Airlines, American Airlines, United Airlines and Delta Air Lines

    The Zacks Analyst Blog Highlights: Boeing, Southwest Airlines, American Airlines, United Airlines and Delta Air Lines

    Should Corporate Zombies Give You Nightmares?

    (Bloomberg Opinion) -- There’s something of a zombie apocalypse happening in the U.S. corporate bond market.An analysis from Lisa Lee and Tom Contiliano of Bloomberg News found that 527 of the companies in the Russell 3000 index of large U.S. corporations, with a combined $1.36 trillion of debt, are “zombies” — meaning they had trailing 12-month operating income that fell short of the interest expenses they owed over the same period. That’s up from 335 firms with $378 billion of debt at the end ...

    Norwegian Air Shuttle Flew Too Close to the Sun

    (Bloomberg Opinion) -- Norwegian Air Shuttle ASA introduced a generation of travelers to $65 one-way transatlantic airfare and the idea of hopping from New York to the Caribbean, with wifi, for even less. The no-frills airline’s filing for protection from creditors this week isn’t the end of that low-cost dream, but the company that emerges from creditor protection is likely to be smaller and less swashbuckling than before.Though this is a sad moment for the company’s 11,000 employees, it comes ...