Trifecta Stocks Portfolio Manager Bryan Ashenberg, CFA offers viewers his thoughts on take on how to take advantage of what the Trifecta Stocks team sees as a good trading opportunity in Boeing's stock ahead of the Farnborough Air Show, which begins on July 14th. Ashenberg also points to some recent news that unfolded in the commercial aerospace arena that seems quite interesting. Emirates Airlines recently announced that it is canceling an order for 70 Airbus A350 planes. Ashenberg argues that this cancellation should not be viewed as indicative of weakening demand. In fact, this may be a case where Airbus’ loss is Boeing’s gain. Only time will tell. Stay tuned...

If you liked this article you might like

Defense Stocks Take Off as North Korea Tensions Rise

Tax Reform Is Coming and That Means Trump Stock Rally Is Ready to Kill It Again

'Trump Stock' Rally Is Back on Track

FireEye Says Iranian Hackers Target Aerospace and Energy Firms

FedEx Makes A Comeback: Cramer's Top Takeaways