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New Software Flaw Could Further Delay Boeing’s 737 Max

(Bloomberg) — Boeing Co. has identified a new software flaw in the grounded 737 Max that will require additional work, possibly further delaying the plane’s return to service.The company alerted the U.S. Federal Aviation Administration and is notifying customers and its suppliers, it said in an emailed statement. Boeing’s best-selling jet was grounded on March 13 after two fatal crashes involving a flight-control system.The issue involves how software on the plane checks itself to ensure it’s receiving valid data, said a person familiar with the issue who wasn’t authorized to speak publicly about it. It occurs when the system is …read more […]

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Cruise line: Grandpa leaned out window before girl's fall

An Indiana man charged with negligent homicide in his young granddaughter’s fatal fall from a cruise ship’s open window in Puerto Rico leaned out of that window for several seconds before he lifted the child up to it and she fell, the cruise operator alleges in a court filing. Royal Caribbean Cruises’ Jan. 8 filing in U.S. District Court in Miami comes in response to a lawsuit t he parents of Chloe Wiegand filed in December, accusing the operator of negligence in her death by allowing an 11th floor window in the ship’s children’s play area to be open. …read more […]

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How to Cash In Quick With Spirit Airlines

Yesterday, War Room members enjoyed a double win!
Members not only cashed in on another winner…
They learned a valuable lesson on how to beat a market maker, which I’ll get to in a minute.
First, the winner. Members cashed in on a quick 25% short-term profit from a longer-dated put sell with Spirit Airlines (NYSE: SAVE).
A put sell involves selling a put option at a higher price with the goal of buying it back at a lower price. Your profit is the difference in price.
That being said, put selling also comes with strings attached…
There is no freelunch on Wall Street (unless it’s …read more […]

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Why Trump’s Trade Pact With China Is a Very Big Deal

The U.S.-China trade war has cast a black cloud over the U.S. economy and stock market for the last two years.
Alexander Green explains why the Phase One deal reached yesterday means blue skies ahead for equity investors.

The U.S. stock market climbed to an all-time high Wednesday. It did again Thursday. Then it hit another record today.
We don’t have to wonder why.
The announcement of this week’s trade agreement with China is not just a big deal.
It’s the most significant economic accomplishment of the Trump administration to date.
Yes, deregulation was a plus. Corporate tax reform provided a boost as well.
But – let’s …read more […]