10am update - morning gains

US equities open moderately higher, and there looks to be high probability of a daily close in the sp'1970s. There is notable strength in the Transports, especially the airlines, with AA, DAL, and UAL all seeing very significant gains.


sp'60min

Summary

So...we're higher, with the hourly cycles all ticking higher...and offering upside across the rest of the week.

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Airlines are continuing to gain after yesterdays sharp morning reversal...

UAL, daily

Upside for DAL and UAL both looks to be $50 (on a 6-9 month basis). Go look at the balance sheets.
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Notable weakness, GRMN, -4%, but there is nothing much wrong with that company..as far as I know.


time to pick up a delivery...back soon .