Wednesday, 13 August 2014

DAL, UAL - airlines back on the climb

With the broader market having some moderate gains, there was notable strength in the Transports. Delta (DAL) and United (UAL) settled with significant gains of 2.1% and 3.0% respectively. Near term outlook is bullish.

DAL, daily

UAL, daily


Suffice to say... Delta remains the better company of the two, but UAL will usually offer far more price volatility... on both sides.

If the sp' can break into the 2000s in late Aug/early Sept, the airlines should continue their broad climbs, and should indeed break new highs for the year.