JPMorgan’s legendary airline analyst Jamie Baker is basically saying to hold our noses and buy this morning.
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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: Congrats to those who played them. The…