Delta Air (DAL)

[iam802]

A double top seems to be forming on Delta Air's chart.

At this moment, we do not have confirmation from the Ichimoku indicators.

However, given the thin leading kumo, support is weak. A bearish cross from Tenkan sen and Kijun will likely see the Chikou Span cutting the price level as well.

Watch the candles.

[winston]

not vested

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. Its route network comprises various gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita.

The company sells its tickets through various distribution channels, including telephone reservations, delta.com, traditional brick and mortar, and online travel agencies.

It also provides aircraft maintenance, repair, and overhaul services for aviation and airline customers, as well as offers staffing services, professional security and training services, and aviation solutions for third parties; vacation packages; and aircraft charters, and aircraft management and programs.

The company has a fleet of approximately 900 aircraft.

http://todaysbigstock.com/2014/04/11/de ... -nyse-dal/

[behappyalways]

Cheaper Fuel Could Save Delta $2 Billion in 2015
http://time.com/3674958/delta-fuel-airlines/

[winston]

not vested

Rock-Solid Stocks to Buy: Delta Air Lines (DAL)

MarketMarket Cap: $36.6 billion
Sector: Industrials
YTD Performance: -6%

Airline stocks have underperformed this year after (pardon the pun!) lifting off in 2013 and 2014.

But this pullback, coupled with persistently cheap oil, presents a buying opportunity.

Delta Air Lines (DAL), in particular, offers a good bargain for investors with a forward price-to-earnings ratio of 8.5 and a forward price-to-sales of about 0.9. The stock also pays a modest 1.2% dividend yield right now, too.

When you consider the cheap oil prices lifted earnings as well, as well as that a recent study by trade group Airlines for America showed carriers are expected to serve a record number of passengers this summer, it’s hard to not see an opportunity here.

It’s not just bargain valuations and cheap oil, either. The Dallas Morning News estimates that U.S. passenger airlines booked their first ever quarter with over $5 billion in net income — about $5.3 billion in adjusted profits to be exact, up dramatically form $4 billion from the group in 2014.

A highly regulated industry like airlines admittedly has limited potential for profits and margin expansion. And yes, the Department of Justice has subpoenaed a few of the majors for allegedly fixing prices to minimize capacity increases, and that’s a risk.

But when you look at a major carrier like Delta with this kind of value in shares, investors should consider it a long-term buying opportunity — particularly in a cyclical upswing for consumers and businesses alike.

Source: Investor Place

[winston]

Shares of Delta Air Lines hit a new all-time high.

[winston]

Delta Air Lines jumps to a fresh all-time high... shares are up 25%-plus since July.

[winston]

not vested

Delta Air Lines, Inc.: DAL Stock Preparing for Takeoff

Delta stock is setting up for a mostly typical, bullish earnings reaction

By Chris Tyler

Source: Investor Place

http://investorplace.com/2016/07/delta- ... 4Wv67h96M8

[winston]

FOLKS ARE STILL SPENDING ON TRAVEL TODAY

Today, we're checking in on one of our "real world" economic indicators...

Delta Air Lines (DAL) is one of the top airlines in the United States. It serves nearly 200 million people per year across 52 countries.

When the economy is booming, people take more vacations. And it shows in Delta's results... In the most recent quarter, the company reported sales of $12.5 billion, a new record high.

As you can see in today's chart, DAL shares are trending higher. The stock is up more than 60% over the past three years, and it recently hit a new all-time high.

As people spend more on travel, Delta should continue to thrive...

Source: Daily Wealth

[behappyalways]

Delta sees 90% drop in revenue, hopes to stop losing cash by December
https://www.marketwatch.com/story/delta ... ck_seemore


Delta Stock Could Be Grounded by Debt
https://www.marketwatch.com/articles/de ... ck_seemore

[behappyalways]

Airlines Hit Turbulence After Delta Trims 2024 Earnings Forecast
https://www.zerohedge.com/markets/airli ... s-forecast