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2024-07-18 12:50:00 ET Summary TSA data points to a 2024 summer season that has so far been more active than 2023 and even prepandemic in 2019. While performance for travel ETFs has been positive YTD, it has been relatively low across the board. The travel sector could have th...
2024-07-11 08:39:50 ET More on airline stocks JETS: As 'Revenge Travel' Fades, This ETF's Prospects Do Too JETS: Despite Booming Demand, Airlines Still Struggle With Profitability JETS: Strong Numbers From United, But Broader Trends Lackluster Delta leads the...
2024-07-11 07:08:49 ET More on Delta Air Lines Earnings Season Launches With Delta, PepsiCo, JPMorgan, And Citi Leading Off Delta Air Lines: The Ultimate Contrarian Buy Delta Air Lines: Upside Potential Still Exists At These Levels Delta Air Lines reports mix...
2024-07-09 05:55:15 ET As summer travel continues to surge this year, more than 3M passengers were screened by the Transportation Security Administration on Sunday, marking the busiest day in the agency's 22-year history. ... Read the full article on Seeking Alpha For furth...
2024-07-08 19:45:00 ET Summary From the summer of 2020 to early 2021, passenger traffic improved, but it wasn’t until the summer of 2021 that activity levels approached anything even close to normal. By last summer, passenger traffic had largely returned to its pre-Covid ra...
2024-07-08 10:20:46 ET More on airline stocks JETS: As 'Revenge Travel' Fades, This ETF's Prospects Do Too JETS: Despite Booming Demand, Airlines Still Struggle With Profitability Earnings Season Launches With Delta, PepsiCo, JPMorgan, And Citi Leading Off TS...
2024-07-08 08:55:07 ET Many investors on Wall Street have expressed concerns about a slowdown, but Apollo Asset Management indicated that TSA boarding pass scans provide an upbeat data point for the economy. ... Read the full article on Seeking Alpha For further details see...
2024-07-08 08:33:23 ET Summary U.S. Global Jets ETF is a leader in transportation sector with over $1.1 billion in assets and $40 million in daily trades. I expect JETS to have at best modest return potential over the next 6-12 months, with the chart pattern mediocre, and the fadi...
2024-07-08 00:38:06 ET Summary U.S. Global Jets ETF is a hold due to profitability challenges facing airlines, high expense ratio, and lack of dividend yield. JETS is concentrated on airline-specific holdings, with top four U.S. airlines dominating the fund. Despite increasing...
2024-06-27 17:15:00 ET More on the markets The Greenback Consolidates While Sustaining A Break Against The Yen Fed Update: The Fed Has A Mortgage-Backed Securities Problem Market Breadth Will Improve As The Soft Landing Comes Into View Nasdaq, S&P, Dow mi...