Ba futures slipped back to $178

BA futures slipped back to $178.80 after touching $182 resistance, showing supply pressure at that level. The order book suggests sellers dominate above $182.50 for now. Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Ortberg , a former CEO of Rockwell Collins, took the helm of Boeing in August, tasked with restoring the company's reputation and stamping out quality problems on aircraft and in other programs. In January, a door plug blew out minutes into an Alaska Airlines flight on a 737 Max 9 after key bolts weren't reinstalled before the plane left Boeing's factory. The near-catastrophe reignited safety concerns from regulators and customers. Market sentiment around BA futures is steadily improving as global airline capacity forecasts for H2 2024 tick higher. The S&P Aerospace index gained 1.1% in tandem with Boeing derivatives.