InTheMoneyStocks'  Instablog

InTheMoneyStocks
Send Message
  • Is The Hyperloop Behind The Intra-day Airline Stock Plunge? 0 comments
    Aug 13, 2013 11:07 AM

    This morning, the leading airline stocks are all plunging lower at the start of the trading session. Leading airline stocks such as United Continental Holdings, Inc. (NYSE:UAL), Delta Air Lines Inc. (NYSE:DAL), and US Airways Group, Inc. (NYSE:LCC) are all trading lower by more than 4.0 percent.

    Yesterday, the founder of Tesla Motors, Inc. (NASDAQ:TSLA) Elon Musk announced a new transportation venture called the hyperloop. This is a tube system that can transport passengers at extremely high speeds. Mr. Musk said that a trip from Los Angeles to San Francisco would take about 30 minutes. He also stated that the fare for the trip would be less than an airline or a traditional railroad ticket. Elon Musk has been known to make the unrealistic a reality, so this announcement could be affecting the airline stocks today.

    For those of you that have studied cycles should know that the transportation sector seems to go through a revolutionary change every hundred years. It was roughly 100 years from the steamboat to the airplane which debuted in 1914. It is now 2013 which is nearly 100 years from 1914 so it should be no surprise to us that another revolutionary form of transportation is about to be developed.

    Nicholas Santiago
    InTheMoneyStocks.com

Back To InTheMoneyStocks' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • And he just closed out another one, $DUST for +7.55% in the Research Center... inthemoneystocks.com/investor.
    Jul 20, 2016
  • Gareth sold his $JDST in the Research Center here: http://bit.ly/ActiveInvestor. Profit earned = +12.5%. Congrats members!
    Jul 20, 2016
  • $IWM negative already on the day. Small cap warning signal?
    Jul 20, 2016
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.