BA, ITA & The rest of the aerospace and defense sector have recovered strongly off March lows.
While the market has stubbornly stuck to recent highs, this sector has faded correctively.
While a few names can be more immediately bullish, for most of the sector it looks like a wider consolidation is needed.
We published our last public update on Boeing (BA) and the aerospace industry on March 20th: "Boeing's Nosedive: From Leading The Dow To Asking For A Bailout (Video)." We were pretty