Posted by DigiNomad on 3rd of Oct 2023 at 05:20 pm
I remember when I first started investing someone on CNBC used
to say 'every day is a good day to short airlines'.
(Pre Fast Money days. LoL)
Name a
unionized industry in the USA, without monopoly power e.g.
healthcare (doesn't have to compete with foreign companies), that
hasn't screwed itself? Maybe grocery stores? Other than that, I'm
drawing a blank.
Airlines - now 50 consecutive closes below the 9 EMA
Posted by matt on 3rd of Oct 2023 at 05:08 pm
$XAL - Chart Link-
I remember when I first
Posted by DigiNomad on 3rd of Oct 2023 at 05:20 pm
I remember when I first started investing someone on CNBC used to say 'every day is a good day to short airlines'. (Pre Fast Money days. LoL)
Name a unionized industry in the USA, without monopoly power e.g. healthcare (doesn't have to compete with foreign companies), that hasn't screwed itself? Maybe grocery stores? Other than that, I'm drawing a blank.
Airlines are great. They only
Posted by drmolar on 4th of Oct 2023 at 05:00 am
Airlines are great. They only need low interest rates, low oil prices and a great economy to make money. Hardly a great model