A Classic Investing Lesson From Boeing

|March 27, 2024
old book open on a wooden table.

They say that all good things must end someday
Autumn leaves must fall
But don’t you know that it hurts me so
To say goodbye to you?

– Chad & Jeremy, “A Summer Song”

Longtime investors understand this better than anyone…

That good times are often fleeting.

Nothing lasts forever.

It’s a simple fact of life.

But surely those beleaguered folks who still hold Boeing (BA) were hoping the good times would last a little longer than this…

Boeing

As you can see, the market reacted with a swift and decisive “Huzzah!” on Monday, after Boeing announced its CEO Dave Calhoun would step down. Then, mere moments later… the stock came plummeting back to Earth.

Shares were up for a scant 30 minutes. That’s less time than it takes to watch an episode of “Yellowstone!”

It was as if investors briefly forgot just how much trouble Boeing has gotten itself into… before quickly snapping back to their senses.

As Shah put it in his Monday Takeaways

It seems to me like a culture problem at Boeing. So, no matter who replaces the CEO, I’ve got to worry about what’s going on throughout the company.

Wall Street appears to be in full agreement.

Only time will tell if Monday’s news marks a turning point for Boeing… or if it’s just the first step in a long journey back into the public’s good graces.

(Not for nothing, Shah is already capitalizing on the situation with a rock-solid but lesser-known play in the aviation industry. We delivered his instructions to Alpha Money Flow subscribers yesterday.)

The other big news this week? Why it’s crypto, of course! (What else would it be?)

Bitcoin’s price once again climbed above $70,000 as we edge closer to the much-anticipated halving.

For the year so far, Bitcoin is now up more than 65%. But as is often the case, it isn’t Bitcoin holders that are seeing the biggest returns in the crypto space.

As we’ve seen again and again over the years, it’s the smaller altcoins that are really ratcheting upward.

As Robert pointed out yesterday, one crypto called Dog Wif Hat (WIF) recently shot up nearly 1,600% in just over a month.

Dog Wif Hat

It’s part of a corner of the crypto market you’ve probably heard of. The tokens there are called “memecoins.”

And while the gains from some of these – let’s be honest – silly-sounding cryptos have been astronomical, Robert doesn’t recommend diving in…

At least not until you have all the facts.

If you missed it, check out his piece on this lucrative but risky part of the crypto world – and his preferred way to play it – here.

And keep scrolling for links to all the week’s published pieces so far.


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