Large Cap Airlines Today's Big Winners Thanks To Oil Weakness

No one likes cheaper oil more than the airline stocks.  I hate these names, never invest in them and I don’t even trade ’em.  That said, they were the biggest winners on the day thanks to the weakness in crude oil.

Check it on the 5 day chart:

The airline industry group (in blue) versus Crude Oil (in red) as represented by USO

The Airline Industry Group (in blue) versus Crude Oil (in red) as represented by USO

Congrats to those who played them.  The biggest gainers today seemed to have been the big boys of the sector…

Leaders in Price Performance (Intraday)
DELTA AIR LINES NEW [dal] +13.87%
US AIRWAYS GROUP INC [lcc] +10.53%
CONTL AIRLINES CL B [cal] +9.54%
A M R CP [amr] +9.23%
UAL Corporation [uaua] +8.06%

What's been said:

Discussions found on the web
  1. Bitcoin Era Review commented on Sep 21

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2009/12/11/airlines-todays-big-winners-thanks-to-oil/ […]

  2. immediate edge reviews commented on Sep 23

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2009/12/11/airlines-todays-big-winners-thanks-to-oil/ […]

  3. THC VAPE Cartridges for sale commented on Sep 23

    … [Trackback]

    […] Here you can find 67330 additional Information on that Topic: thereformedbroker.com/2009/12/11/airlines-todays-big-winners-thanks-to-oil/ […]

Read this next.