Daily Archives: April 22, 2008

Airline Stocks….

Once again, if the market is open (or if the trading day ends in “day”) it’s a good time to sell Airline stocks. United Airlines (UAUA) layed the egg today. There’s a good but depressing writeup on Airline earnings at … Continue reading

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HELOC delinquencies…

I opened the daily newsletter from Scottrade, which I never read, and it had an interesting article or two. The one that caught my attention was about the rising delinquency rate on HELOC’s. S&P said that 9.19% of lines issued … Continue reading

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Price of Oil vs. Airline Stocks…

(click chart to enlarge) Doesn’t look good for the airline stocks(red trace, duh that would be the GREEN trace, corrected 5/18/08). As the price of oil goes, the airlines do the inverse. As Jeff Macke say on CNBC’s Fast Money, … Continue reading

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Truth is stranger than fiction…

Tony Snow joins CNN!

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