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  • Filtering Through Today's Economic News  [View article]
    It's a mystery to me "playing" MFD or MGU for suffering airlines. For that matter neither is an ETF.

    “Airlines, Already Suffering, Brace for Further Woes” – Some analysts say if conditions continue to deteriorate, several airlines may not survive. (NYT)
    ATA showing passenger rev. down 26% over past year on 9.5% slide in traffic & 18% drop in fares per traveler. With businesses aggressively cutting costs and consumers unlikely to open their wallets anytime soon, there is a long runway ahead for the airline industry.
    Ways-to-Play: FAA, MGU, MFD
    Jul 16 20:15 pm |Rating: 0 0 |Link to Comment
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