Delta Air Lines, Inc. (DAL)

40.72
NYSE
Prev Close 38.17
Day Low/High 39.20 / 40.82
52 Wk Low/High 29.75 / 48.54
Exchange NYSE
Shares Outstanding 641.08B
Market Cap 24.47B
P/E Ratio N/A
Div & Yield N.A. (N.A)
Are Airline Stocks Cleared for Takeoff?

Are Airline Stocks Cleared for Takeoff?

Let's check on the airlines after strong earnings and bullish expectations landed on Thursday -- amid low jet fuel supplies and demand that's taking off.

DAL Short

I forgot to mention that I covered my Delta Air Lines short yesterday for a small loss.

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps - and neither do I, it appears! * Futures had a very quiet evening after a tumultuous regular hours session "Workin' on our night moves Trying to lose the awkward teenage blues Workin' on our night moves In the ...

Today's Trades

* Short $20.46. * Short $45.04. * Short $166.54. * Short $86.86. * Short $449.07. * Short small May SPY $443 calls and $445 calls $13.10 and $11.67 * Short $1066.50.

Gross Short Exposure

I have raised my gross short exposure on the opening gap. Shorted gaps in , , , and .

Sell the Airline Hyperbole

There is a lot of excitement - on the part of airline managements and investors - regarding the return of domestic leisure air travel and the major airline stocks are rallying hard.  I covered my short in premarket (for a small loss) but I am still ...

Early Morning Trades

This morning's trades:   dougie kass • 22 minutes ago Back shorting at $448.33 in premarket 4AM on Thursday morning. Covered most of my short for a small loss of -$0.30/share. I am still short . Dougie

Aggressive Moves

I am aggressively shorting the gap higher - , , , , .

Lyft's Stock Looks Like a Bargain as Reopening Activity Picks Up

Lyft's Stock Looks Like a Bargain as Reopening Activity Picks Up

The ride-sharing firm looks poised to see its profits inflect higher in 2022 and 2023.

Relief Rally, Charting the Indexes, Fed Talk, Taiwan Semi, Musk Bids for Twitter

Relief Rally, Charting the Indexes, Fed Talk, Taiwan Semi, Musk Bids for Twitter

The market roared, but the pros did not tag along in size. They either have to catch up, or they are just not coming.

Delta Air Lines Raised at Barclays

Premarket Movers

Upside - +49% (confirms to be acquired by Halozyme at $5.60/shr in $960M all-cash deal) - +38% (to be acquired for $55.00/shr in cash by GlaxoSmithKline in $1.9B deal) - +11% (strength ahead of Needham conference presentation) -  +5.7% (earnings, gu...

Inflation, Fed's Brainard, Ruby Tuesday, Markets, Ukraine War, Defense Stocks

Inflation, Fed's Brainard, Ruby Tuesday, Markets, Ukraine War, Defense Stocks

We're probably not that far off from another bear market rally. That said, trading this market is going to be like doing the booby trap course at Camp Lejeune at night.

Delta Air Lines May Make an Early Landing at Lower Prices

Delta Air Lines May Make an Early Landing at Lower Prices

Here's how the stock is lining up ahead of earnings.

Delta Is Ready When You Are

Delta Is Ready When You Are

Here's why shares of the world's second largest air carrier offers a solid risk/reward as travel trends start to take off.

What's to Like This Morning?

I heard a lot about a new bull market leg this morning in the business media.  Not for me:  * Market breadth so so and weakening. * Russell (a new short yesterday) is not crowing. * s turn negative. * As I mentioned yesterday/this morning - , , , , ...

I Bought and Covered At The Sound of Cannons Thursday Afternoon

* It is time for action, not inaction * Volatility brings opportunity   I was very active Thursday afternoon:   Short Covers - Robinhood , Royal Caribbean , Carnival , Morgan Stanley , C3.ai , Bank of America (partial), Wells Fargo (partial), Delta ...

Out of Airlines Shorts

I just covered two more trading short rentals - ($43.17) and ($48.27) . On Tuesday I shorted both:  Feb 15, 2022 ' 02:50 PM EST DOUG KASS Shorting Two Trading (Not Eating) Sardines *I have been patiently waiting on price to short the airlines I am t...

Shorting Two Trading (Not Eating) Sardines

*I have been patiently waiting on price to short the airlines  I am taking a trading short rental in ($44.37) and ($50.05). Here is my short thesis from a few months ago.

Delta Air Lines Raised at Berenberg

Cruises May Look Safe, but Don't Go Down With the Ship

Cruises May Look Safe, but Don't Go Down With the Ship

Carnival, Royal Caribbean and Norwegian have fully returned to their pre-pandemic valuations -- but the waters are far from safe.

Need Exposure to Airlines? Okay, Here Are My Thoughts About Delta Air

Need Exposure to Airlines? Okay, Here Are My Thoughts About Delta Air

I had thought domestic travel would recover prior to international travel. I am not at all sure of that now.

Inflation's Kick, Market Reacts, Treasuries, Apple on Deck?, Trading Wells Fargo

Inflation's Kick, Market Reacts, Treasuries, Apple on Deck?, Trading Wells Fargo

I do think that the Fed is on the case. I do not think that the Fed is as late as so many seem to.

Little Guys Should Provide the Big Opportunities in Equities in 2022

Little Guys Should Provide the Big Opportunities in Equities in 2022

Big Tech has dominated the market action in 2021, but there are reasons to believe the worm could turn next year.

What Concerns Me About Yesterday's Violent Rally

Market participants hear what they want to hear.  This is what I heard. Here and here.  Though little said was unexpected, the S&P Index rallied by about 90 handles from the day's lows following Powell's comments on monetary policy. I had expected a...

An Observation

Very quietly, a number of reopening plays are coming well off of their lows - though the S&P is still near its low.  Such names as , , , , and come to mind.

Hotel California

* What's to like? Very little.. * Though the averages have held up (thank you "Nifty Seven"), a look under the hood reveals a dismal picture of broken stocks and charts  "Last thing I remember, I was Running for the door I had to find the passage ba...

Jump Aboard Boeing Now Before Takeoff

Jump Aboard Boeing Now Before Takeoff

The skies are clearing for Boeing, with multiple catalysts on the horizon.

Covering 2 Airlines, Increasing VIAC

I just covered half of my remaining and shorts.  I can't explain the weakness in ViacomCBS and I have further increased this already large long position.