Make no mistake about it: Buffett is bearish on U.S. stocks, on airline stocks, on the global economy, and on Berkshire Hathaway's stock (over the near term).
Not only did Buffett completely dump his position in airlines but he noted that he was unable to find attractive ways to put his huge cash holdings to work.
This experiment in trying to identify stocks that could come back after dismal year-ago performance isn't going well five months since its inception.
This is a lower probability trade, but with the coiled price action around BA, it wouldn't take much to spring this one to life.
There are three problems right now with the hope of a V-shaped recovery -- and here's why see it as a 'U', instead.
You've seen the rage over how much money these companies seeking bailouts have spent on buybacks and dividends -- but let's look at this from an aerial view.
A close look at the DAL's latest charts.
There are, however, some day trades to be had by the nimble and swift.
Let's take a close look at Delta's charts and come up with a plan.
I fully understand that there will at some point likely have to be a balancing of personal and economic risk. This economy can only be open for business if there is public confidence in 7 areas.