James Shaw

Domestic Air Travel: Lowest Since Post-9/11

Airline sector will be recovering soon as lower fuel prices, tight cost control will give them much needed profit in coming quarters even with lower revenue.

Now they can hedge for lower fuel prices long term and the huge hedge loss will be the past.

It is a great time to buy major airline stocks.

Where Will the Benefits of Fuel Savings Be Seen?

Under recession, no airline stock can make new highs including ALK.

Don't be fooled by the so called S&H formation, which does not exist at all.

But ALK did have made higher lows in the chart. $16 - $17 may be a good entry price.