FundaTechno Analysis | Earnings tmr, oversold, value stonks?
The worst of layoffs and restructuring is priced in, I am thinking it will not take much during the earnings call to improve investor outlook. Even if results are mixed, the expected stimulus (catalyst) will include airlines. House/senate is "negotiating" the final deal this week, with an announcement prob sometime next week. Tight stop loss from $11 in case of invalidation.
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Note
AAL earnings highlight: Being the least worst makes them the best. DAL lost some 5+ billion compared to AAL 1.5B loss.Shows packing people like peanuts is still profitable, successful summer travel revenue capture compared to competitors.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.