Don't Ignore This Chart!

Delta and SW Airlines Lead Industrials Sector


The Sector MarketCarpet shows that Delta and Southwest, two airline stocks, are leading the industrials sector on Thursday. Airlines tend to move as a group and this means other airline stocks are likely strong as well. Note that both stock hit 52-week highs in late November and led the market from September to November. Note that today's video includes a quick demo on the MarketCarpet.

Screen Shot 2013-12-13 at 11.04.19 AM
Click this image for a live chart

Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
Subscribe to Don't Ignore This Chart! to be notified whenever a new post is added to this blog!
comments powered by Disqus