Boeing Company (BA) flashed the golden cross (50-day moving average rises above 200-day) signal.
The green price bars showing outperformance vs. SPX.
This is a big industrial name. It’s a 4.33% holding in XLI.
The golden cross is a good filter to help narrow down the field. From there, traders should apply the Seven Steps to Better Stock Trading. For example, it is important to determine if there is a trend. One way to do it is to apply a swing indicator and look for a pattern of higher highs and higher lows. Better yet, just use my Total Indicator for eSignal. It’s free!