Delta Air Lines, Inc. (DAL)

49.27
NYSE
Prev Close 49.81
Day Low/High 48.83 / 49.81
52 Wk Low/High 17.51 / 52.28
Exchange NYSE
Shares Outstanding 638.15B
Market Cap 31.79B
P/E Ratio N/A
Div & Yield N.A. (N.A)

Latest News

Nothing Normal About This Market

The speculative gewgaws have lost their bids again and are falling back to earth.  , , , ,  , , etc., getting taken to the woodshed.  Usually this portends broader market weakness - but there is nothing normal about this market.  Meanwhile, in part ...

Three Short Moves

I would continue to scale out of banks and consider shorting and in here. I would be adding to a Delta Air Lines  short in here.    

There Is No Market Leadership

* Slowly, but very surely, prior market leaders have crashed * At times, markets can churn when leadership is unclear or non existent * But, given current high valuations, a more ominous market outcome seems more likely * Consider "Uncle" Bob Farrel...

You Done Tore Out My Heart and Stomped That Sucker Flat

"You keep on stompin' And my heart is on the floor..." - Lewis Gizzard, You Done Tore Out My Heart and Stomped That Sucker Flat  In yesterday's opening missive, "The Market Is a Hard Dog to Keep Under the Porch," I argued that the U.S. stock market ...

The Market Is a Hard Dog to Keep Under the Porch

* The U.S. stock market remains materially overpriced * I would use market rallies to reduce equity exposure * Value is stretched now (financials and energy) while growth valuations are vulnerable to higher interest rates * I am looking towards some...

I Remain Negative on the Markets

Today's feature was a (not surprising) mean reversion back from value to (recently depressed) growth.   Given the interest rate rise, I suspect there is a limitation or ceiling on growth stocks over the near term.   Indeed with Invesco  having peake...

Trade of the Week (Short Delta Air Lines)

A week ago I wrote an ursine summation of the airline industry and for Delta Air Lines .  Delta closed at $49/share on Friday. For these reasons and others (see above...the price of oil has climbed from $27/barrel - in early November - to over $61/b...

Assessing the Damage

My Takeaways * The damage today was broad-based * I ended the day with a medium-sized net short exposure (down from very large at the beginning of the day) * Banks may have had a buying climax today * Tech (especially of a speculative-kind) remains ...

Shorting DAL

I am back shorting Delta Air at $50.55 now.  

Shorting Delta Air

I shorted Delta Air Lines small on the opening.

Minding Mr. Market - A Quick (and Skeptical) Look at the Airline Industry

* The charts are moving from the lower left to the upper right * As balance sheets grow more levered, energy prices rise and "earnings power" is reduced  We are at the stage of the markets that skepticism and doubt have left the building.  In simple...

Delta -- We Love to Trade, and It Shows

Delta -- We Love to Trade, and It Shows

As more people get vaccinated, I like this airline's options. Here's how I'd play it into the week.

Southwest Airlines Posts a Rare Loss, Here's How to Trade It

Southwest Airlines Posts a Rare Loss, Here's How to Trade It

The problems faced by not just Southwest, but by the entire airline and more broadly the travel industries in 2020, is no secret.

GameStop's Charts Show Us More Risk Than Reward

GameStop's Charts Show Us More Risk Than Reward

Let's check and see what clues we can glean from the charts and indicators.

Invest in Delta Air? Nah, I'm Sticking With Just One Airline and It's Not Them

Invest in Delta Air? Nah, I'm Sticking With Just One Airline and It's Not Them

I need to see more upside momentum for DAL to provoke my inner bull.

Wednesday's Woe, Biden's Plan, U.S. Dollar, J&J Vaccine, Trading Intel

Wednesday's Woe, Biden's Plan, U.S. Dollar, J&J Vaccine, Trading Intel

We are going to live again. You will dance in the aisle at some concert whose performer I have never heard of, and you will cheer for your favorite team in person again.

Buy Your Delta Ticket for a 'Long' Trip

Buy Your Delta Ticket for a 'Long' Trip

I see so much upside in airline and cruise ship stocks over the next 3-6 months.

Come a Second Lockdown, Consider Shorting These 3 Sectors

Come a Second Lockdown, Consider Shorting These 3 Sectors

Look at companies that were decimated by lockdowns in the spring and figure that history is about to repeat itself.

Get Alpha With Delta

Get Alpha With Delta

These Delta Air Lines calls should be worth more than double by January.

The Fortunes of These 2 Sectors Should Improve Considerably in 2021

The Fortunes of These 2 Sectors Should Improve Considerably in 2021

Few parts of the economy suffered worse from reduced global economic activity than energy.

J&J's Pause, Nasdaq Thumbs Up, Amazon Prime Day, Apple Hi, Speed, Veeva Breakout

J&J's Pause, Nasdaq Thumbs Up, Amazon Prime Day, Apple Hi, Speed, Veeva Breakout

Now, that we have confirmation from the Nasdaq Composite, I think we can say equity markets are indeed back in what I would consider an uptrend.

Novice Trade: Delta Air Lines

Novice Trade: Delta Air Lines

DAL has earnings coming up soon, possible stimulus and the options are surprisingly cheap.

Delta Calls Are Ready When You Are

Delta Calls Are Ready When You Are

DAL was at $60 before the pandemic hit.

Jim Cramer: The Game Plan of the Morning Traders

Jim Cramer: The Game Plan of the Morning Traders

The amateurs won. Is that really possible? It happened.

Jim Cramer: In the Vast Patch of Market Green There Are Plenty of Weeds

Jim Cramer: In the Vast Patch of Market Green There Are Plenty of Weeds

It may just be a matter of time before the green chokes on the pestilence and the stock market stars don't even matter.

Airlines Could Take Off With Help From This Tailwind

Airlines Could Take Off With Help From This Tailwind

It's not just American Airlines stock that has stabilized and is pointing higher.

The Bizarro (Superman) Market (Part Deux)

* It's the mother of all short squeezes (part deux) * Does he live under water?  "Yeah, like Bizarro Superman, Superman's exact opposite, who lives in the backwards Bizarro world. Up is down, down is up, he says hello when he leaves, goodbye when he...