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Sector Scan: Airline Stocks

With the exception of AAMRQ, airline stocks are in a bullish trend


Just this morning, leaders in the airline sector including Delta Air Lines (NYSE:DAL), United Continental Holdings (NYSE:UAL), US Airways Group (NYSE:LCC), and Alaska Air Group (NYSE:ALK) are making fractional gains. Does this mean an uptrend in the sector?

My Power Options system says yes. This proprietary software identifies the best candidates for option trading or short-term stock trading, and this week airline stocks are looking very strong–but not all are suited for trading. The names that the program picks out are both volatile and liquid, two important characteristics of profitable options trading.

Use the following information to help you with your own options or short-term stock trading program.


This is one of the strongest stocks under surveillance with my Power Stocks system. After making significant gains from lows in April around $7, Southwest Airlines (NYSE:LUV) is trading close to its 52-week high and may test $11 resistance.

  • Southwest Airlines (NYSE:LUV)

Reestablished Buy

After a brief pullback, both of these stocks have confirmed their upside trends. That’s one of the most reliable signals to buy.

  • Delta Air Lines (NYSE:DAL)
  • Jet Blue Airways (NASDAQ:JBLU)

Among Weakest

This is the straggler of the group. AMR Corporations (PINK:AAMRQ), whose principal subsidiary is American Airlines, has completely broken down. Not much downside left here.

  • AMR Corporations (PINK:AAMRQ)

Ken Trester is editor of the popular Maximum Options program. Trester has been trading options since the first exchanges opened in 1973 with a winning streak that goes back to 1984 with money-doubling average annual profits since 1990.

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