Regardless of what the market is doing. A travel boom is coming. The CEO of Target announced that consumers are switching their habits from buying TVs to purchasing luggage. All you need to know about $NCLH $CCL $RCL and $LUV $AAL $UAL
We all know the there's pent-up demand when come to travel, and all airlines stock are not suppose to be in this beaten-to-death price, the only reason is due to gas price, which worsen due to sanction impose on Russion oil. BUT, the covid situation in China is not going away anytime soon, I can't imagine how is it possible to achieve zero covid case in China, the zero covid policy in China, will cause endless lockdown, and the demand on gas will become lower in China, which in some way reduce the the demand in oil market and lead to the drop of recent oil price. And when the oil price continue to drop lower and lower, the airlines stock will FINALLY be skyrocketting. It's time to buy airline stock now. $DAL $UAL $AAL
The WTI oil price will continue to drop along with the lock down in China, and trust me when I said the oil price is the ONLY factor that supress airlines stock now. Don't buy into all the news that claim that China will ease on covid lockdown and cause the demand on oil go up again, THAT AIN'T GONNA HAPPEN, no within months. We all see how widespread Omicron is, it's crazy to have zero covid policy, it's going to cause so much disruption and fail miserably. $UAL $DAL $AAL
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