DAL, UAL - airlines flying to new highs

With the broader US market continuing to climb, the airlines also gained. Delta (DAL) and United (UAL) both settled with very significant gains of 3.1% and 4.1% respectively. Near term outlook is bullish, especially if Oil prices continue to fall into early 2015.


DAL, daily

UAL, daily

Summary

Unquestionably, the huge fall in oil prices since the early summer has massively helped give a genuine earnings boost to the airline stocks. Indeed, it should be expected that earnings/profit margins for both Q4 and also Q1 should be significantly improved.

--
In terms of the two stocks, Delta airlines remains a more stable stock, and arguably a better company.... but United is certainly also 'reasonable'.