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Top related persons:
we've - 1 — David Keller - 1 Jim Vondruska - 1 Refinitiv - 1 Jefferies - 1 Sheila Kahyaoglu - 1 TD Cowen - 1 Frank Holmes - 1
Top related locs:
Alaska Chicago , Illinois U.S Europe United
Top related orgs:
US Global Jets ETF - 2 Nasdaq - 1 JETS - 1 Alaska Air Group - 1 Alaska Air - 1 CMT - 1 Chicago Midway International - 1 REUTERS - 1

Search resuls for: "US Global Jets ETF"


2 mentions found


☆ The uptrend in this airline stock could be just getting started, according to the charts
  + stars: | 2024-03-28 | by ( David Keller | ) www.cnbc.com   time to read: +3 min
Alaska Air shares just getting started Alaska Air Group has recently broken above a key resistance level and could represent a compelling option for investors searching for stocks earlier on in their uptrends. Alaska remained below that retracement level as well as a declining 200-day moving average until this week. Now we're seeing ALK power above $42 with an initial upside target at the 61.8% retracement level around $47. The momentum characteristics are consistent with bullish phases, with Alaska becoming overbought this week after a quick rise. While overbought conditions could indicate a short-term pullback in the coming weeks, we're inclined to assume this uptrend could be just getting started.
Persons: we've, — David Keller Organizations: Nasdaq, US Global Jets ETF, JETS, Alaska Air Group, Alaska Air, CMT Locations: Alaska
☆ US airline stock valuations stuck on runway despite travel boom
  + stars: | 2023-07-12 | by ( Rajesh Kumar Singh | ) www.reuters.com   time to read: +4 min
REUTERS/Jim Vondruska/File PhotoCHICAGO, July 12 (Reuters) - Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings. Airline shares have suffered because of bearish sentiment about the broader economy as interest rates are up sharply and inflation remains high, analysts said. There are still no signs of air travel demand waning as ticket purchases for the rest of 2023 are up 4%, said Steve Solomon, ARC's chief commercial officer. Believers in airline stocks have seen signs of hope this year. Global Investors' Holmes said airline shares are poised for even more gains.
Persons: Jim Vondruska, Refinitiv, Jefferies, Sheila Kahyaoglu, TD Cowen, Frank Holmes, Steve Solomon, Hopper, Hayley Berg, Hopper's, airfares, Holmes, Rajesh Kumar Singh, Ben Klayman, Nick Zieminski Organizations: Chicago Midway International, REUTERS, Airline, US Global Jets ETF, United Airlines, Delta Air Lines, Airlines, Global Investors, U.S . Transportation, Airlines Reporting Corporation, ARC, airfare, Delta, American Airlines, Global, Thomson Locations: Chicago , Illinois, U.S, Europe, United
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