Afternoon Note
More of the same – mega-cap higher as investors cherry-pick other niches in the market. Travel-related names also look compelling.
According to @TSA, yesterday was the busiest day ever at airports in the US. with 2,884,783 people screened and fewer than one-half of one percent of 51,332 scheduled flights canceled.
Still, the market needs that shot in the arm that only happens with a major breakout. We have raised our cash level as we wait for a close north of 4.600 on better-than-average volume.
Normally after a few sessions of failure, there is a pullback. I want to be prepared either way.
Comments |
The flight numbers you give (2,884,783 screened on 51,332 flights) works out to 56+ passengers per flight. Seems low to me, but the flight numbers may include civilian aviation with ~4 pax. Just an observation. Charles Lucente on 11/27/2023 2:01:25 PM |
Thanks for your observation. This is the data provided by Flightradar24. Karina Hernandez on 11/27/2023 2:09:40 PM |
Tweet |
5/17/2024 1:45 PM | Near Record Highs |
5/17/2024 9:31 AM | DIFFERENT VALUATION METRICS |
5/16/2024 1:23 PM | Dow 40,000 |
5/16/2024 9:40 AM | AUTOPILOT FEELS SO GOOD |
5/15/2024 1:53 PM | New Hope |
5/15/2024 9:41 AM | CHAMPING AT THE BIT (INVESTORS BEGINNING TO CHASE) |
5/14/2024 1:24 PM | Small Moves |
5/14/2024 9:22 AM | Marking Time |
5/13/2024 1:37 PM | Snuffed Out |
5/13/2024 9:37 AM | BRACING FOR MORE INFLATION DATA |
5/10/2024 1:23 PM | Cold Water |
5/10/2024 9:58 AM | IN TUNE |
5/9/2024 1:09 PM | Disconnect |
5/9/2024 9:39 AM | THE SEVENTH (TRADING) DAY OF MAY |
5/8/2024 1:49 PM | Mixed Note |
5/8/2024 9:37 AM | CHANGING NARRATIVES |
5/7/2024 1:50 PM | Building Gains |
5/7/2024 9:36 AM | HOPING MICKEY SAVES THE DAY |
5/6/2024 1:59 PM | Rate Cut Hopes |
5/6/2024 9:17 AM | LOOKING FOR MOMO TO KICK BACK IN |
5/3/2024 1:41 PM | Cheering the News |
5/3/2024 7:33 AM | TIM COOKS THE (RECORD) BOOKS |
5/2/2024 1:54 PM | Holding Up |
5/2/2024 9:41 AM | COOL HAND POWELL |
5/1/2024 1:22 PM | Which Powell? |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|