bad news was baked in on outlook prior to the burn.. Burn brought shares even lower. This thing has bottom as shown by the rebound in Fridays action. Value Value Value.
Sentiment: Strong Buy
Hindsight is 20/20 . Lesson , better to buy and hold a well manged fund over the long term, than try and trade a market. Some people have all the luck . Balance is the key . Find a good fund manager and stick with them. One fund that I really like, and while it has not knocked the lights out, its discipline and steadiness hold a lot to admire. That fund is PRWCX
confusing component , at least for the fed is the inflation factor. The component that confuses is the stock market. Fed silently asks the question , Is the powerful appreciation over the past few years a result of inflation, or appreciation of its assets because of true growth within the economy. It would make life easier for the fed had the market had no appreciation and probably would result in a continuance of more extended low interest rates. Is this possible?
LUV is supposed to buy back shares . Why isn't it lifting the stock. We aren't talking about just a few shares either
US rig count fell by only 1. Iraq ramping up oil production. This is probably the start of the leg down . US dollar strong as well.
Analysts Tom Kim and Rob Norwood noted that U.S. airline stocks dropped an average of 6.6 percent on Wednesday, which the analysts attributed to “investor concerns around domestic pricing and capacity discipline.”The analysts felt the reaction in the stocks was an “important reminder” that investors are closely watching the industry and “monitoring carrier behavior. ”Overall, the firm maintained Buy ratings on Southwest Airlines Co (NYSE: LUV), Delta Air Lines, Inc. (NYSE: DAL), American Airlines Group Inc (NASDAQ: AAL) and Spirit Airlines Incorporated (NASDAQ: SAVE) because they looked “deeply undervalued relative to their improved earnings power.”
now we have security threats . 4 planes searched tonight. Not sw ones though.
So I get a thumbs down for merely stating the obvious? Better to be skeptical even while bullish instead of wearing rose colored glasses.
I don't believe that Al Sharpton is his adviser. While he may have mad those visits, the president was cordial enough and smart enough to not turn him away for obvious reasons .For all we know , President Obama might be saying, "Oh no, here comes that pest again".
Can't they buy it on Tuesday? We both know that LUV will still be in the dumps . Below 43? .. huh? The stock is in the high thirties !
Market bottoms end . You know how? By coming back Simple . Too much is made of charting . and t/a. Look at the down beaten stocks as value , a bargain.
It is low now. How much lower will it go? I think it is near bottom. Airlines are way oversold .