August 10, 2022 @ 2:48 pm | AMD, Breaking News, DAL, Jubak Picks Portfolio, MLM |
Despite today’s CPI inflation bounce and the continuation (flagging but still in business) of July’s Bear Market rally, my goal is still to sell into rallies. I don’t think this Bear Market is over and done with. I see another down leg when investors...
July 12, 2022 @ 6:54 pm | Breaking News, DAL |
Today, July 12, shares of American Airlines (AAL) closed up 9.98%. The company announced that it expects to post a pretax profit of $585 million in the second quarter as vacationers pack planes during the summer peak season. The company expects revenue to be about 12%...
June 2, 2022 @ 10:34 pm | Breaking News, DAL, Jubak Picks Portfolio |
So far it’s unanimous: On Wednesday, June 1, Delta Air Lines (DAL) joined United Airlines (UAL) and Southwest (LUV) in projecting rising demand in the second quarter, higher fuel costs, and staffing shortages severe enough to lead to cuts in flights. Delta said...
April 19, 2022 @ 7:07 pm | Breaking News, DAL, Jubak Picks Portfolio |
Oil is down strongly today with U.S. benchmark West Texas Intermediate lower by 5.13% to $102.61 a barrel. You don’t need to look in obscure, dark corners of the financial market for the reason. The IMF sharply cut its forecast for global growth today and China...
April 13, 2022 @ 10:27 pm | Breaking News, DAL, Jubak Picks Portfolio |
Delta Air Lines (DAL) reported a smaller than expected first quarter loss today and shares rose strongly after the company said a strong rebound in summer traffic would turn results positive in the second quarter. As of noon New York time Delta shares were up 4.51%....
April 11, 2022 @ 7:56 pm | Breaking News, DAL, Jubak Picks Portfolio |
As of 3 p.m. New York time Monday, April 11, airline stocks were rallying strongly ahead of Delta Air Lines (DAL) earnings report Wednesday morning. The stocks gave up some ground at the close but still finished the day strongly Delta shares were up 4.68% at 3 p.m....
March 18, 2022 @ 7:38 pm | Breaking News, DAL, Jubak Picks Portfolio, KO, MGM |
I’m starting up my videos again–this time using YouTube as a platform. My one-hundredth-and fourteenth YouTube video “Three great summer trades get tricky” went up today. Special extra video this week! Ahead of tomorrow’s Quick Pick (no,...
March 4, 2022 @ 9:31 pm | Breaking News, DAL, Jubak Picks Portfolio |
As far as I’ve been able to discover, it was a research note from Wolfe Research that began the negative “rethink.” Wolfe forecast that the airlines including United Airlines (UAL) and American Airlines (AAL) were burning cash so fast because of the...