Whilst the main market saw another day of moderate gains, there was particular strength in the airlines. Delta (DAL) and United (UAL), settled higher by a significant 2.6% and 2.7% respectively. Near term outlook is bullish into early March.. with broader upside due across the year.
*Transports index has followed the other indexes, with a new historic high in the 9500s.
As for DAL and UAL, suffice to add.... the airlines have seen a massive bullish run since last summer, but there is simply no sign of the current upward trend ending.
I personally prefer DAL to UAL.. as its a far more stable stock, with an arguably superior balance sheet.