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OOTO News and Press, Direxion Daily Travel & Vacation Bull 2X Shares From 09/20/23

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Company Name: Direxion Daily Travel & Vacation Bull 2X Shares
Stock Symbol: OOTO
Market: NYSE

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OOTO - Daily Travel & Vacation Bull 2X Shares declares quarterly distribution of $0.0347

2023-09-20 14:02:55 ET More on Direxion Daily Travel & Vacation Bull 2X Shares Seeking Alpha’s Quant Rating on Direxion Daily Travel & Vacation Bull 2X Shares Dividend scorecard for Direxion Daily Travel & Vacation Bull 2X Shares For further detail...

OOTO - TSA Travel Nearly At Pre-Pandemic Trend

2023-09-19 11:00:00 ET Summary In recent months, the TSA Air Passenger Travel climbed to 95% of the long-term trend from 2012. The mix of travelers has favored leisure travel and reported to be the primary growth factor, with the more profitable business traveler lagging. The ...

OOTO - Outlook For Consumer Discretionary Stocks Amid Shifting Spending Patterns

2023-08-30 14:09:00 ET Summary Some consumer discretionary stocks have performed better than others. Luxury, homebuilding, and travel have been a bright spots. Discounters may begin to do better as consumers seek deals. With a potential recession ahead, what's the ou...

OOTO - Will Rising Travel Demand Lift The Airline Sector?

2023-08-09 22:54:00 ET Summary Travel demand has hit pre-pandemic levels. International demand is outpacing domestic. Airlines are facing rising costs for things such as labour. Travel levels have returned to pre-pandemic levels, but is that strength being seen in ...

OOTO - Interest Rates And Inflation And AI... Oh My! - Q2 2023 Commentary

2023-07-26 11:50:00 ET Summary While Q1 2023 ended with the banking instability threatening to erase market gains, U.S. equity markets recovered, and the Syntax US 500 Large Cap Index rose 8.9 % in Q2, driven predominantly by an AI-induced rally. Cooling inflation numbers and expe...

OOTO - Industry Tailwinds Support Travel

Summary We believe a growing middle class, hybrid work arrangements and technological advancements likely will keep the travel industry aloft. Data from the Brookings Institution suggests that, by 2030, the global middle class will have grown to 5 billion, up from 2.2 billion at t...

OOTO - Carnival: No Party Here

Carnival has incurred huge dilution, defined as share dilution, and a debt built up since the start of the pandemic. I feel as if this is not recognized by investors, as a reopening of the operations has not resulted in lower losses. Higher fuel and interest costs only add to the ...

OOTO - Marriott International: Stock Price Is Not Reflecting A Recession

Marriott is reporting strong growth rates in the last few quarters, and earnings per share already have reached pre-crisis levels. The company also has improved its balance sheet and also reinstated the quarterly dividend. However, COVID-19 is still an issue, and an upcoming poten...

OOTO - Delta Air Lines: The Recovery Is On The Way

Leisure travel demand is coming back fast, and 2022 figures represent only 11% fewer passengers during June than in the same period in 2019. Delta’s profit margin is on the right path to recovering to pre-pandemic levels, and management has proved that they can capitalize on ri...

OOTO - SkyWest: Captains, Not Covid-19, Is The Limiting Factor

I did have concerns demand for airline travel would remain suppressed, as COVID-19 changed from pandemic to endemic. But airline travel demand has surged despite ongoing outbreaks of new and existing strains of COVID-19. A new issue has arisen for all airlines - a shortage of Flig...

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