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


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.

Meanwhile, here in London...

Dusk at 4pm. Great.   Just great.

back at 3pm