Boeing has peaked for now on the news that 20% production will be cut.
MSFT is 28% off the lows, I expect more upside to come, however, the opportunity has diminished. There are better positions to chase currently.
Facebook continues to trade as expected however, the decline might be halted at the 50% Fibonacci based on how the current structure is unfolding.
The time to buy was last November/December, today you should be moving stops higher and protecting gains!
My concerns of anything more than a pullback are subsiding, Chinese PMI is in expansion once more which is confirming that the majority of poor economic performance is likely finished. Over the next 6 months we expecting to see hard data underperform, compounded with a rising dollar it is a headwind for equities.
This is a company that showed up on our radar last December, its performed fantastically since! Near term risks are present so do yield caution.