We have a pocket here where travel and food are doing well and
even raising guidance. Wingstop, Hilton, and Royal Carribean all
good examples. This was the covid stuff that got destroyed because
of the shutdowns. Notice these companies are operating what
seems like independently in the cycle here. Jetblue buys Spirit for
$3.8 billion.
We now have other sectors taking the discounts as consumers
adjust their habits. It can work really well until the cycle ends
and people are out of money. Talk about a mess.
We have a pocket here
Posted by fundamentalvalues on 28th of Jul 2022 at 09:23 am
We have a pocket here where travel and food are doing well and even raising guidance. Wingstop, Hilton, and Royal Carribean all good examples. This was the covid stuff that got destroyed because of the shutdowns. Notice these companies are operating what seems like independently in the cycle here. Jetblue buys Spirit for $3.8 billion.
We now have other sectors taking the discounts as consumers adjust their habits. It can work really well until the cycle ends and people are out of money. Talk about a mess.
AWAY 60m - https://www.tradingview.com/x/EdhiQwkR/ Daily - https://www.tradingview.com/x/4EeN6AXV/
Posted by Orangeman on 28th of Jul 2022 at 09:46 am
AWAY
60m - https://www.tradingview.com/x/EdhiQwkR/
Daily - https://www.tradingview.com/x/4EeN6AXV/