Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

The Dow’s Return to Volatility?: The Boeing Company (BA), Herbalife Ltd. (HLF)

Page 1 of 2

After closing yesterday at a five-year high, the Dow Jones Industrial Average is having some mood swings this morning. The index waffled between rises and falls before peaking at 14,058 around 10:20 a.m. ET — only to fall sharply at 11 a.m. Investors may be cautious following yesterday’s close, with the all-time record being just 100-plus points away.

News from Europe this morning was relatively flat, as the markets in the EU proceeded with caution after yesterday’s good performance. The Producer Price Index numbers were released this morning, with a 0.2% rise in January following a 0.3% fall in December. Rising food prices were the main driver of last month’s increase, offsetting weak gas prices.

The Boeing Company (NYSE:BA)Housing starts slowed in January, falling 8.5% after a 15.7% improvement in December. Though analysts were disappointed by the decline in housing starts after expecting a continued climb higher as the housing market regains steam, permits continue to rise. Up 1.8% from December, permits are now at the highest level since 2008. And though apartment construction slowed 24%, single-family home construction actually rose 0.8% in January.

The last of today’s economic news releases will be a big one: the latest meeting minutes of the Federal Reserve Open Market Committee at 2 p.m. ET. Investors will scour the minutes to determine how current stimulus programs will move forward. Don’t be surprised if there are some big movements between that release and the closing bell.

Only 12 of the Dow’s components are up at the time of this writing. And leading the way is The Boeing Company (NYSE:BA) on the news that the aircraft manufacturer is closer to solving the battery issue in its 787 Dreamliner. Spec reviews have shown that the lithium-ion battery cells are too close together, causing the battery to overheat — and in some instances catch fire. Other sources in Japan have identified faulty wiring that may also be a cause of the issues. New remedies for the battery are being put into place so the Dreamliner fleet can be returned to service.

Caterpillar Inc. (NYSE:CAT) is leading the way in the opposite direction following news that the retail sales of its construction and mining machines fell during the past three months. With U.S. sales down 11% and Asian sales down 12%, it was no surprise that the overall sales fell 4% for the company. Though Caterpillar believes that sales will regain momentum in the coming months as the global economy continues to recover, investors are not impressed.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!