Airlines a good buy here
bull case:
-double bottom w/in double bottom
-consolidation
-making higher lows
-airlines cutting jobs and becoming leaner
bear case:
-airlines were weak before covid
-many realized that a lot of business can be done virtually.
-EPA will start regulating pollution
People are eager to travel, but not business travelers. So will look for longs in travel booking stocks.
-double bottom w/in double bottom
-consolidation
-making higher lows
-airlines cutting jobs and becoming leaner
bear case:
-airlines were weak before covid
-many realized that a lot of business can be done virtually.
-EPA will start regulating pollution
People are eager to travel, but not business travelers. So will look for longs in travel booking stocks.
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