Delta Air Lines, Inc. (DAL)

36.49
0.11 0.30
NYSE
Prev Close 36.38
Open 37.02
Day Low/High 35.97 / 37.35
52 Wk Low/High 34.60 / 52.28
Volume 21.14M
Exchange NYSE
Shares Outstanding 640.01B
Market Cap 25.40B
P/E Ratio N/A
Div & Yield N.A. (N.A)

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...

The Bizarro (Superman) Market?

* 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...

Delta Air Could Remain Grounded as Strong Buyers Are Largely Absent

Delta Air Could Remain Grounded as Strong Buyers Are Largely Absent

DAL could slip lower to retest its May low.

We'll Be Checking on These Corporate Earnings Next Week

Next week the June quarter earnings season maelstrom kicks off with 115 companies, including 32 S&P 500 constituents, reporting their latest quarterly results. In recent days we've seen a number of companies up their outlook for the quarter but we'v...

Low Cost Airlines Are Gaining

As airlines continue to struggle, announcing layoffs and schedule cancellations, Statista has some interesting data showing low-cost airlines, such as Jet Blue and Southwest , are gaining share on the Big Boys like American , Delta Air Lines and Uni...

Jim Cramer: Amateur Investors Are in for a Hard Landing

Jim Cramer: Amateur Investors Are in for a Hard Landing

The airlines and cruise companies are falling back down to earth, and here's why they started to take off in the first place.

Jim Cramer: Stocks to Buy If You're Feeling Better About the Economy's Descent

Jim Cramer: Stocks to Buy If You're Feeling Better About the Economy's Descent

You buy stocks of secular growers, the ones that have particular engines developed by themselves that allow them to fly into headwinds without a problem.

Jim Cramer: Fast Traders Are Gunning the Airlines and Cruise Ships Pre-Market

Jim Cramer: Fast Traders Are Gunning the Airlines and Cruise Ships Pre-Market

Something's very wrong here. I don't know how this can be. But it is happening and it seemingly can't be stopped.

Best Airline Stocks, Watching the Yield Curve, Trading Thoughts

Best Airline Stocks, Watching the Yield Curve, Trading Thoughts

Airline stocks led the rally last week and are still going strong, as market reopening continues and employment data is mixed.

Jim Cramer: Beware of the Rot Underneath

Jim Cramer: Beware of the Rot Underneath

The market itself may be ignoring the realities of its weakest players.