RE: Watchlist - Investor method
The U.S. airline industry is looking strong to me for 3 reasons. Technicals, fundamentals (oops, bad word), and CNBC hype. Obviously this site is about stage analysis so I will stick to that. I see a lot of breakouts in individual stock as well as etf/index charts. I do see a lack of volume overall and several are overextended and due for a pullback.. Here are a few charts-
US Airways is the most hyped on cnbc (if that matters to anyone)
Spirit Airlines is by far the worst to fly (comfort and customer satisfaction wise), however, by far the cheapest. Seriously..$211 bucks from Los Angeles to Colombia?? What??