Airline Stocks Rebound As Fuel Costs Plunge

By | October 29, 2014

Scalper1 News

Airline stocks are bouncing back, leaving some of the group’s leaders near buy points. Worries about Ebola and slackening demand in foreign markets contributed to a slump in airline stocks during September and earlier this month. But the group has snapped back. Its ranking has gone from 118 (out of 197 industry groups) to 38 in just three weeks. No coincidence, the industry’s rally has occurred while the broad market recovers. A plunge in oil Scalper1 News

Scalper1 News