Boeing (NYSE: BA) rebounded sharply during the past week to recoup only a fraction of the prior week’s selloff. On Tuesday, BA closed at $192.28, up 3.35% from Monday. Last week’s low of $184.39 came on Friday, when Boeing’s engineers and technical workers voted to approve a new contract and avert the threat of an imminent strike. Also last week, the FAA said it was evaluating a software issue on the 737 MAX that is delaying the certification of the MAX 10.
Boeing remains unusually dependent on execution rather than demand to move its share price. The defense and aerospace company is signing lucrative contracts, but the real “wild cards” are profitability, timing of certifications and cash flow. Boeing’s October 27th earnings…






