(08-25-2020, 04:26 PM)p_rushing Wrote: Here is one thing that is going to affect air travel. Companies are not going back to the office any time soon if ever. Air travel needs business fliers, it's the reason Tuesday & Wednesday are usually cheaper to travel on. Without companies being in the office, consultants will not be traveling and that is a huge part of the air industry revenue. Companies are not going to be going back to the office until next year and most will probably not until March-June.

I totally agree but in reality, the market is a game to investors these days.  Everything is going against Wall Street.  Personally, I think everyone is looking for a bargain and the Airlines are where it's at.  I'm also looking at Southwest, which has a great balance sheet.  Also, the Gov has pulled through in the past and they sure don't want layoffs in October just before the election.

This freaking market is unconventional.  CNBC just reported this is $5 trillion dollars of investor money sitting in money markets.  I think a lot of people are waiting for a vaccine to jump back in.  If I catch a stock that is 40% below their February 2020 high then that means there could be a 70% increase if they are to get back to their high ..... sure, it may take a year but that's a lot.  If it drops another 10%, so be it ... def not the end of the world.

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