Posts tagged Airlines

Airlines forming Moonite Chart pattern

Moonite pattern seen on LCC

Typically bearish for the intraday- the moonite chart pattern has emerged in the charts of many of the airlines, the boston police have been called….

The airlines have suffered a dna shift and are now going down even when oil is, it may be time for a slight retracement and it coudl go over.

My suggestion would be a daytrade, dont wait overnight with these, and dont buy right at the open these stocks are notoriously dropping till about 10:30.

Im leaving on a jet plane, Northwest Airlines (NWA) and Delta Air Lines (DAL) that is

All my bags are packed I’m ready to go
I’m standing here outside your door
I hate to wake you up to say goodbye.
But the dawn is breaking it’s early morning
The taxi is waiting, he is blowing his horn
Already I’m so lonesome, I could cry

So kiss me and smile for me
Tell me that you wait for me
Hold me like you never let me go

I’m leaving on a jetplane,I don’t know when I’ll be back again
Oh babe I hate to go

Oil is on the way down. And it is going to impact the market, now alot of people I have been talking to have been thinking about playing the oil companies,  however it is my personal belief that this will not be the best play against falling oil, or even rising oil.

The companies that will be heavily affected the most between here and $110 a barrel oil. Will be the airlines, and as this site is more about maximising gains. I have found what are in my opinion the best positioned stocks to benifit from the reduction in oil prices(and by that affect jet fuel prices). As these companies have already reduced costs outside gas and some with gas with the excuse that it will cost a ton of money to fuel the planes, as the futures market is tumbeling theses excessive fuel costs will be less of an issue and as the market has discounted these companies to the point it seems they are expecting bankruptcy. If these companies can benifit from the reduction in fuel prices enough, then they may experience a truly magnificent stock recovery, somewhere in the realm of 50% in the next month in my estimation