iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts

Time to Get Long the Airlines

Aside from all of the demographics that support travel through an expanding middle class abroad and how the airlines are ripping people off without remorse, there are just two reasons why I like them here.

1. They recently pulled back due to the faux rally in crude. Once revoked, airlines will bounce.
2. Seasonality factors. Taking in 30 years of data, Exodus shows you there is a clear bias to the upside for this time of year.

If you take all of those things and factor in sharply lower crude — you can understand why I just went long AAL with great vigor and tenacity.

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9 comments

  1. duuude

    !

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  2. sarcrilege

    One possible reason why airline travel continues to be popular is pleasure. Yes, that’s right. Pleasure. The gender confused marxist millennial snowflakes, betas and the other LGBTXYZ weirdos simply find DHS fingers up their ass and other intimate groping by DHS ‘agents’ pleasurable.
    Rating: Investment grade.

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    • Dr. Fly

      Do you even invest, bro?

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      • bushwacker2

        It’s possible he makes his living from selling subscriptions to his Armageddon, Rigged Market Jew-Bashing Newsletter.

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      • sarcrilege

        Bro, I am fully invested and continue to invest. I am selling all the FED funny tickets I dont need. But one thing I dont do, and that’s gamble in a casino that is blatantly rigged. Bugsy Siegel would blush if the mafia rigged Vegas the way FED rigged markets. The mawketfags and cryptofags will wake up one early day in the near future wtih wheelbarrows full of FED confetti needed to get a bag of milk and I will be here to tell them “I told so and now go cry to your mommy; she might let you stay in her basement”. Dicks and giggles until then.

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        • numbersgame

          Curious, what are you “fully invested” in? If you disbelieve in the “casino” (stock market?) and “selling all theFED funny tickets” (Treasury Bonds?), does this mean you are 100% in precious metals? I really am curious.

          In other news, I’ve been long JBLU since pre-Hurricane. They earn more *profit per share* than NFLX, at 1/10 the cost.

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          • sarcrilege

            Look at it this way. I am on the other side of your gambling compulsion with FED fickets. And yes, I am into anything that cannot be impaired or digitally stolen by the usual criminals in finance and gubimint. And no, I dont have a crystal ball wrt timing, just as you dont. If you think you can get yourself out of the small exit door when the fire breaks out, good luck. That door is rigged too you will find out. Too late tho.

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          • moonshot

            What will you sell your gold for, when your ship comes in?

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        • bintercorp

          Sarc, what the fuck? Gold? It’s a Jewish conspiracy and has no value. You disappoint me. Sieg Heil.

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