Market Strength: Market and Morning Note

market strength: But one stock could single-handedly throw cold water on the recent market strength, warns strategist Bill Blain of London-based Shard Capital, which oversees more than 1 billion in assets, according to Market Watch. I am concerned the market is underestimating just how bad things could go for Boeing, he warned in his morning note on Wednesday. The Dow Jones Industrial Average DJIA, 0.90% S&P 500 SPX, 0.46% and Nasdaq COMP, 0.59% have all broken into record territory. When it does, the whole equity market will knee-jerk aggressively, triggering pain across all stocks. The shares are down about 3% since the second 737 Max crashed on March 10. Boeing's BA, 1.76% stock, the largest component of the Dow, finished the Wednesday session down slightly, though logged gains on Thursday, and is hovering around where it began the year. (news.financializer.com). As reported in the news.