01-22-2020: Airline Transporation Group Lags Bull Market
The airline group's lag provides investment opportunities,
and it appears the "fundamentals" (financial value) in the group
are significantly better than in other groups in the current
bull market. Financial ratios and recovering p/e ratios look
better in this group. United Airlines Holdings (UAL) is lagging
some other airline stocks, but will probably be playing catchup
for a while. It is a large company with its stock in a trading
range near the upper part of that range, so some timing might be
appropriate when buying the stock, but overall it is currently
highly favored by analysts as having low risk.
Our recent article on United Airlines Holdings Inc. (UAL) is in the Archives Section Below.
Note: Zenith tries to pick only stocks which are shortable, but sometimes stocks appear afterward on the SEC Regulation SHO list of stocks which are not shortable, which is beyond our control. On some stocks, Zenith may hold more than the number of shares it trades in its inventory. Thus the "short" sale of such a security would technically not be a "short" sale for us and not subject to SEC rules regarding selling securities which are not deliverable. Also, stocks pop on and off the list available for shorting on successive days, so the presence of a stock on the current SHO list doesn't mean it was there at the time it was shorted.
Stocks recently restricted by SEC Rule 201 as not shortable unless we already have a position which are on our Active List include: XPER (06/15)
Boeing's problems with the design of the 737 MAX jetliner are
affecting many airlines adversely which had that model as part
of their fleet. So widespread was the problem that the entire
airline transportation industry stock group suffered. Actually,
it should have reacted to the amount of exposure an individual
airline had to Boeing. There will certainly be fewer purchases
of Boeing aircraft in future even by American companies and
turning instead to the European Airbus planes.
Zenith's Active List of 39 Stocks as of 01/18/2020
(Updated once a week, usually on Saturday except when less than 5 trading days in the week.)
What are the last three entries in the Active Stocks chart list? These represent typical high-, mid-, and low-cap mutual funds to help us gage the tenor of the stock market as a whole.
Archive List
01-22-2020: United Airlines Holdings Inc. (UAL): Boeing Problems
01-11-2020: Target Corporation (TGT): Awaiting Earnings for Stock Jumps
01-07-2020: BuildersFirstsource, Inc. (BLDR): Digesting Acquisitions
12-22-2019: Quest Diagnostics, Inc. (DGX): Recent Data Breach
12-17-2019: Plantronics, Inc. (PLT): Massive Inventory Writedown
12-07-2019: Tenet Healthcare Inc. (THC): Activist Intervention
11-12-2019: Arconic Inc. (ARNC): Fabricated Engineered Aluminum Products
11-02-2019: Universal Display Corporation (OLED): Organic Light Emitting Diodes
10-28-2019: Intelligent Systems, Inc. (INS): Accounting Management Software
10-23-2019: Copart, Inc. (CPRT): Wrecks for Sale at Low Auction Bids
10-19-2019: Meritor, Inc. (MTOR): Heavy Duty Axles, Gears, Suspension Parts
10-12-2019: Allegiant Travel Company (ALGT): Lower Fares on Less Traveled Routes
10-08-2019: LGI Homes, Inc. (LGIH): Staggering Growth Rate
09-25-2019: Dollar Tree, Inc. (DLTR): Holding the $1 Line on Pricing and Goods
08-31-2019: Heico Corporation (HEI).: Outstanding Aerospace Supplier
08-24-2019: Myers Industries Inc. (MYE): Getting Out of Lawn & Garden Container Business
08-18-2019: Delek US Holdings, Inc. (DK): Awaiting Oil Price Recovery
08-13-2019: M / I Homes, Inc. (MOH): Booming After Recession Recovery
08-09-2019: Inter Parfums Inc. (IPAR): Perfume Industry Strong Performer Lately
08-02-2019: Mobile Mini Inc. (MINI): Strong Construction Industry Container Niche
07-27-2019: Agnico Eagle Mines Ltd. (AEM): Gold Price May Rise Dramatically
07-21-2019: Paysign, Inc. (PAYS): Credit Card Services Group Soars
07-12-2019: Service Corporation International (SCI): Not Much Changes in the Funeral Industry
07-06-2019: Enphase Energy, Inc. (ENPH): Trade Relations Improvement Hopes
06-28-2019: Blackstone Mortgage Trust Inc. (BXMT): Fingers In Many Pies
06-21-2019: Under Armour, Inc. (UA): Some Things Not To Like About This Stock
06-15-2019: Xperi Corporation (XPER): Confusing Array of Licensed Technologies
05-19-2019: Cardtronics plc (CATM): Cashless Society Not Likely
05-10-2019: Lithia Motors, Inc. (LAD): Internet-Linked Dealerships
05-03-2019: Portland General Electric, Inc. (POR): Interesting History
04-27-2019: Rent-A-Center, Inc. (RCII): Management Avoids a Hostile Takeover
04-23-2019: Church & Dwight Co., Inc. (CHD): Sets Reporting Standard
04-18-2019: CyberArk Software, Ltd. (CYBR): Cyber Security Relies Upon Foreign-Based Technology
04-11-2019: Calix, Inc. (CALX): Risky, Riding on the Edge
04-04-2019: RH (RH): Troublesomely Funky
03-28-2019: Carter's Inc. (CRI): Infants' and Babies' Wear Manufacturer
03-22-2019: Domino's Pizza Inc. (DPZ): Large Negative Shareholder Asset Value
03-15-2019: Wesco International Inc. (WCC): Venerable Electric Parts Supplier
03-01-2019: Eaton Corporation (ETN): Electric Power Products Mfr Based in Ireland
02-22-2019: Abercrombie & Fitch Co. (ANF): Teen and Kid Fashions
02-17-2019: Whiting Petroleum Corporation (WLL): Crude Oil Price Recovery
Trading in stocks involves risk, and past performance is no guarantee of future profits. Zenith doesnot sell advice nor does it manage discretionary accounts other than its own. Readers should be aware of the vested interest that all traders / brokers have in encouraging other traders to make the same transactions. No one should follow investment advice blindly. This web site should be used only as a "sounding board" forconfirming one's own opinion. Any suggested order placements should be reviewed and reset to fit current market conditions by individual traders.
Recommendations may include trades which have already been made on the same or a previous day,otherwise the issue is placed on a "watch list." Suggested stock trades are based upon an approximate maximum $30,000 capitalization requirement per trade. Zenith's actual trades may be larger.
