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The 2:59 PM Trade

It's Friday afternoon, 2:59 pm. Most traders are clocking out. But legendary Millionaire trader Tim Sykes is about to cash in on a strange weekend "loophole."

He's used this exact method to make $8,780... $9,518... and even $16,159 over the weekend. But today, he wants to show YOU how to do it too.

>> Click here to play video.

Boeing starts issuing layoff notices as part of plan to cut 17,000 workers

WASHINGTON (Reuters) -Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce.

U.S. staff receiving the notices this week will stay on Boeing’s payroll until January to comply with federal requirements that give workers 60 days’ notice prior to ending their employment. News that Boeing would send out the Worker Adjustment and Retraining Notification (WARN) in mid-November was widely expected.

“As previously announced, we are adjusting our workforce levels to align with our financial reality and a more focused set of priorities,” Boeing said in a statement. “We are committed to ensuring our employees have support during this challenging time.”

(Reporting by David Shepardson in Washington and Allison Lampert in Montreal; Editing by Chizu Nomiyama)