What has been some of the issues that causes the panics in airline stocks dump

[SURVIVOR]

I am considering looking for opportunities to enter short-term calls as they are relatively cheap at the current asking price. Furthermore, some price consolidations are expected to build up in the next week. While the momentum isn't in the favor, the selling pressure is looking to be slowing down.

 

[maxinger]

I am considering looking for opportunities to enter short-term calls as they are relatively cheap at the current asking price. Furthermore, some price consolidations are expected to build up in the next week. While the momentum isn't in the favor, the selling pressure is looking to be slowing down.

For goodness sake, during downtrend, don't attempt to press the BUY button.

Price can get cheaper and cheaper and cheaper....

It might be on the uptrend next year, next decade or whatever

 

[SURVIVOR]

For goodness sake, during downtrend, don't attempt to press the BUY button.

Price can get cheaper and cheaper and cheaper....

It might be on the uptrend next year, next decade or whatever

Then what is the meaning of swing traders? Buying stocks only when a bullish wave exists? Then what makes swing traders different from casual 401k employees? If you keep your conservative tradition belief without any risk-making, how would you succeed, or are you solely relying on QQQ or SPY? As Warren Buffett has said, "Be fearful when others are greedy, and be greedy when others are fearful." What I would like to know right now is what are the central causes behind the huge dip in airline industries. If you don't know, forget about this.

 

[Handle123]

Did you know price moves and after it has moved, newscasters come up with a reason it happened and when they can't come up with a reason they say "taking profits".

https://www.bloomberg.com/news/arti...dates-customer-support?embedded-checkout=true

Airlines going to lay off more as they anticipating downturn in economy.

Trucking companies.

https://www.investors.com/research/...ng-companies-jbhunt-saia-odfl-stock-earnings/

 

[comagnum]

Here is the Warren Buffet Covid panic out of his airline stocks.

 

[SURVIVOR]

Here is the Warren Buffet Covid panic out of his airline stocks.

View attachment 343924

Yeah, and what I was talking about is after some price action consolidation at the resistance line supported by large volume would be a great entry point. That was the whole point I asked the question of any additional news or analysis you guys might know to identify the severness of underlying bearish momentum. Still, thanks for the Fibonacci retracement.

 

[Overnight]

Airlines are BOATS in the air. Bust out another thousand.

Don't buy into them unless fuel (their biggest expense) comes down CONSIDERABLY.
Which it seems to be, based on the backwardation curve heading into December futures.

But that is risky as hell, considering the volatility of the middle-east, the upcoming POTUS election, and all the regulatory backlog that could be processed in the next year.

I say, find another sector to make money in until the airline dust settles. This one comes with too much baggage, no pun intended.

 

[maxinger]

Then what is the meaning of swing traders? Buying stocks only when a bullish wave exists? Then what makes swing traders different from casual 401k employees? If you keep your conservative tradition belief without any risk-making, how would you succeed, or are you solely relying on QQQ or SPY? As Warren Buffett has said, "Be fearful when others are greedy, and be greedy when others are fearful." What I would like to know right now is what are the central causes behind the huge dip in airline industries. If you don't know, forget about this.

By all means, be an aggressive trader.
Take a big risk. If not, how can you retire rich?

Go and find the reason why airline stocks are having a huge dip.
Perhaps the more you know, the richer you are.
Do I know why? Hell No. And I am not interested to know.

As Warren says 'When people buy, you sell. When people sell, you buy.'.
Don't wait for all the planets to be aligned before you pull the trigger to buy tons of airline stocks.
Because if you wait, you will miss the boat.

Don't listen to me.
Listen to the highly respected Warren Buffet.

Have fun with counter-trend swing trading.

 

[poopy]

Then what is the meaning of swing traders? Buying stocks only when a bullish wave exists? Then what makes swing traders different from casual 401k employees? If you keep your conservative tradition belief without any risk-making, how would you succeed, or are you solely relying on QQQ or SPY? As Warren Buffett has said, "Be fearful when others are greedy, and be greedy when others are fearful." What I would like to know right now is what are the central causes behind the huge dip in airline industries. If you don't know, forget about this.

Paying 25 vol today is 30 vol in two weeks. VAST vol as synthetic time. Use a bull spread.

 

[murray t turtle]

For goodness sake, during downtrend, don't attempt to press the BUY button.

Price can get cheaper and cheaper and cheaper....

It might be on the uptrend next year, next decade or whatever

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LOL\even more so when one has a mature\ union infested sector \