Is Now the Time to Invest in Airline Stocks? Find Out

Posted On November 28, 2018 2:38 pm

Southwest airlines, southwest plane

Two years ago, Warren Buffet, who once swore he’d never again invest in airlines, gave the industry his blessing by investing some $10 billion in four of the major carriers. Since then, the stocks have had a bumpy ride. But now could be the time to get back on board.

Looking at the U.S. Global Jets Exchange Traded fund, one can see shares of airlines from late 2016, following the news of Buffet’s industry-wide investment.

They had an uneven performance — eventually peaking in early 2018 with a 25% year-over-year gain before tumbling this fall, now staging a small recovery.

And Here’s the deal… Continue Reading at StockNews.com

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Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.

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