Airline Stocks Take Off On American Airline Outlook


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Airline stocks took to the skies in pre-market action Wednesday following an upbeat report http://www.benzinga.com/news/14/07/4689791/american-airlines-shares-trading-higher-on-strong-june-traffic from American Airlines (NYSE: AAL).

The sector had been depressed of late partly over news Tuesday that Air France-KLM (OTC: AFLYY) cut its profit outlook by 12 percent.

American offered reassurance Wednesday that it expects second-quarter passenger revenue per available seat mile to grow 5.5 percent to 6.5 percent from a year earlier.

American gained more than 5 percent pre-market; Delta Air Lines Inc. (NYSE: DAL) followed with a gain of 3 percent to $37.55

United Continental Holdings Inc. (NYSE: UAL) rose 2.4 percent to $40.49 and Southwest Airlines Co. (NYSE: LUV) was up 3 percent to $27.51.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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