We sure like this Alaska Air Group (NYSE:ALK) chart. There is solid footing underneath ($63.65). The daily MACD is back to neutral despite shares trading fairly close to the 2021 highs.
United Airlines (NASDAQ:UAL), American Airlines (NASDAQ:AAL) and Delta Air Lines (NYSE:DAL) were up more than 4% at midday.
U.S. Global Jets ETF (NYSE:JETS) is looking good as well.
Top Five JETS holdings:
Symbol | % Assets |
---|---|
LUV | 11.45% |
UAL | 10.66% |
AAL | 10.46% |
DAL | 10.26% |
ALK | 4.25% |
Note: We have added to small long positions today.
You can read Gary S. Morrow's original post here.
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