Monday 26 October 2015

2pm update - strength in the airlines

Whilst the broader market is trading mostly flat, there is notable strength in the airlines. Delta (DAL) and United (UAL) are currently higher by 0.4% and 1.8% respectively. Further weakness in Oil prices, -1.7% in the $43s is no doubt helping.


DAL, daily



UAL, daily



Summary

Suffice to say, DAL is leading the way higher... with UAL now making an attempt for a daily close above the 200dma.  Its pretty bullish.
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Meanwhile, here in London...


Dusk at 4pm. Great.   Just great.

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back at 3pm