Wall Street’s Night Shift Ho-Hums Boeing 737 Crash

It’s Sunday night, and DaBoyz have so far  passed up a golden opportunity to shake down one of their favorite stocks, Boeing.  It’s trading slightly above Friday’s closing price, and this is most suspicious, since a Boeing 737 Max has gone down in Ethiopia, killing 157. That’s the second disaster in five months for this aircraft, and one might think it would raise concerns with investors. My hunch is that the stock will fall hard on Monday, and that its slight buoyancy at the moment is just a deftly engineered con-job made possible by the almost total absence of volume. The E-Mini S&Ps are off fractionally, demonstrating once again that the timid felons who ‘guide’ overnight trading are content to do nothing unless there’s some headline to make moving the markets riskless, or very nearly so.