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  • Airlines Take Off, How High Can They Go? 1 comment
    Dec 16, 2011 10:53 AM | about stocks: FAA, UAL, DAL, AAL, AAL
    This morning, all of the leading airline stocks are trading higher. Since the sharp oil decline earlier this week the airline stocks have rallied. Most of these stocks are now getting a little short term overbought and extended, at this time these stocks may need to pullback or consolidate soon. Traders must be remember that the holiday season is usually a bullish period for the airline stocks and most other stocks in the transportation sector.

    Some of the leading airline stocks that are trading higher this morning include Delta Air Lines Inc (NYSE:DAL), Southwest Airlines Co (NYSE:LUV), United Continental Holdings Inc (NYSE:UAL), and U.S. Airways Group Inc (NYSE:LCC). The airline stocks have all traded higher after AMR Corp (NYSE:AMR) filed for bankruptcy in late November 2011. There is a lot of chatter that there will now be more mergers taking place in the industry group. This is also helping the airline stocks trade higher at this time.

    Nicholas Santiago
    InTheMoneyStocks.com


    Stocks: FAA, UAL, DAL, AAL, AAL
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  • Why do you have a graph of LCC?? There is no LCC anymore. LOL
    LCC and AAMRQ are now one, called AAL; LCC or AAMRQ now the 1st biggest airline in us domestic and internationally.
    You should measure and graph the AAL, but you can't. Because it only has been a month.
    Now, after their merger, they are holding abundant of CASH. They could either pay off their debt or pay off some of new planes they bought for fuel efficient planes.
    Even oil $ inclined, can't resist the AAL attraction now in these days. Once, oil$ was over $100, should this be matter? There is Libya and Iraq standing by and ready to ship out their oil, can probably expect early in this year, then it could plunge oil$ anyway.
    And this oil $ incline is only due to cold weather and expectation of demand for 2014. These are only temporary issue. These are not based on the fact anyway.
    30 Jan, 11:08 AM Reply Like
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