Seeking Alpha

InTheMoneyStocks'  Instablog

Send Message is a proprietary research, consulting and investment alerts company focused on guiding investors, swing traders and day traders to financial success. Their PPT Methodology is a proprietary blend of price, pattern and time discoveries that has helped produce 216.37% net... More
My company:
My blog:
Rant & Rave - Pro Traders Blog
  • 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

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 (1)
Track new comments
Full index of posts »
Latest Followers

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.