Airlines are at rock bottom hybrid levels, courtesy of Captain Broccoli aka The PPT.
Hybrid levels are super depressed, at the same time levels for oil and gas stocks are near the high end of the range. The range-bound Gods demand satisfaction. Fade oil; get long airlines is the trade.
Top picks: AAL, ALGT, VA
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I’m long way too much DWTI (I’ve been averaging down for a week), so let’s hope the PPT nails this one!
I am always early. My picks come before the chart chomping catamites climb onboard.
This visualization is going to be VERY useful to me …
That’s what Exodus is all about, being able to visualize the data to save time.
When will it be available to subscribers?
We fly high “ballin” Jim Jones…God damn is that shit awful.
I like the call….will be watching from ova heah
Exodus will be ready when it’s done.
DO NOT RUSH ART.
That Allegiant is a beast. It wasn’t even on my radar ( pun intended).
I bet chess still uses Captain Broccoli to post picks on that piece of crap he created.
Chess is nothing but a gent of integrity, loyalty and supreme style.
I must say The Fly conducts himself with the utmost decency. In all the comings and goings of the bloggers, etc. he has nary a bad thing to say. An admirable quality to take to note of me thinks.
The Airlines have been losers for decades. The pump is over beware of the dump. They are Airlines. Nothing can change that. Think utilities that carry huge insurance risk. Never known a power plant that could crash by a couple swans flying into the plant and kill people. This trade is most likely over. Think about it.
“Republicans claim payout from big-bank settlements being steered toward ‘special interests'”
http://www.foxnews.com/politics/2015/02/09/house-republicans-question-justice-mortgage-settlement-with-wall-st-that-steers/
Airlines have been the single best asset class since 2009
You have been nailing awesome trades over and over. This one i think could be over. Just one guys idiot opinion. They look tired to me.
The oil call was epic along with the PPT readings on the bounces. The airlines just look done. Once again just one guys take.
Airlines only look done because oil has soared. Do you believe this oil run is sustainable without profit taking? If not, airlines are the play.
What exactly does the chart show? What does the negative number represent?
That is the hybrid score for entire airline industry. By mean reversion, I mean fundament and technical ranking by our algorithms which has proven to be effective at finding mean reversion pivot pointsz
Good Dr., I’ve been having trouble logging into the PPT since yesterday. Reached out to customer support yesterday, but haven’t heard back. Anyone else I should reach out to? Thanks.