Despite the Massive Rally Since 2012 Is the Airline Secular Bear Just Now Ending?

Despite the Massive Rally Since 2012 Is the Airline Secular Bear Just Now Ending?

Per the break above line (1) in the chart below, airlines as a group (via the SPX Airlines Index) have now cleared a 26-year resistance line dating back to the early 1990s. We highlighted this developing set-up in early June…...

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Exiting the Tarmac, In Que on the Runway

Exiting the Tarmac, In Que on the Runway

Not to victory-lap this too much, but I think I managed to call the end of the airline secular bear and its likely transition into a secular bull well before nearly anybody else did publicly and certainly before it was a…...

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Time to Revisit the Airline Out-Performance Idea

Time to Revisit the Airline Out-Performance Idea

One of the calls from this site that I’m most proud of is the long airline thematic I began laying out in spring-12 well before the group took off and well before it was fashionable to own it. Revisit these…...

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Airline Outperformance vs. Railroads to Continue, Accelerate

Airline Outperformance vs. Railroads to Continue, Accelerate

This post is a spread trade dedicated to two components of the DJ Transportation Index. In the chart below the ratio of the DJ Railroad Index vs. the DJ Airline Index is breaking below key, long-term support lines (1)-(3). Given…...

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Yen/USD Cross Approaching Material Long-Term Resistance

Yen/USD Cross Approaching Material Long-Term Resistance

In the chart below the Yen is reaching material long-term resistance at lines (1) and (2). In addition, its 61.8% Fib retracement level (3) formed off the 1998 highs / 2011 lows in the cross comes into play at the…...

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Airlines Under-Perform by 10% on the Week...Are Silly Little Lines the Only Things That Matter?

Airlines Under-Perform by 10% on the Week…Are Silly Little Lines the Only Things That Matter?

There are plenty of people out there on the intra-webs (far more intelligent than us, no doubt) that spend their days opining on the virtues of why it’s essential for our financial-souls and well-being that we understand the inner workings…

Global Geo-Political Tensions about to Rise?

Global Geo-Political Tensions about to Rise?

The ratio of the DJ Airlines Index vs. SPX is nearing a critical piece of resistance in the chart below. Interestingly, every time this resistance has been in play important geo-political events (including 9/11), especially those concerning the Middle East,…

A Highly Favored Group of Ours Faces Near-Term Resistance

A Highly Favored Group of Ours Faces Near-Term Resistance

We’ve been very bullish on Airlines dating back to the genesis of this site in May of last year. Our original and ongoing thesis on the group can be seen by clicking right here. As of right now, the group, via the…

Transports Have Had a Great Run Since September, Now What?

Transports Have Had a Great Run Since September, Now What?

I kind of dropped the ball on the Transports back in early October. In this post I highlighted the fact that I thought they’d continue to under-perform until the ratio of the DJ Transports vs. SPX fell to 3.2-3.3 vs…....

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Airlines +19% in a Quarter vs. Flat SPX; More Upside Likely?

Airlines +19% in a Quarter vs. Flat SPX; More Upside Likely?

Here is a link detailing all of our bullish posts on airlines dating back to May 30th of last year. In the past quarter alone, since mid October when we suggested more airline out-performance, the group (via FAA) is up…