Get started

Delta

Delta Ready for Takeoff (if earnings says so)All, I think if you look at the All Time chart and work backwards in time you will see Delta is at a great take off spot. IF tomorrow goes bad + bad earnings you could see a huge sell off downwards. Either way I think a big change in Delta upwards or downwards is about to happen. Just a matter of how you play it. #1 make sure pending tomorrow breaks this trend line and opens up positive say 3 hours I would maybe get in and set your trailing stop loss etc
NYSE:DAL
by DigitalData
Apple Support - lower than you thinkHi, thanks for viewing. I think there is less demand for over-priced (subjective call) personal electronics at the moment. People are rightly thinking about more essential items, paying down debt, and increasing savings. Probably worth pointing out how strong the 200 week moving average is as support - somewhere around 185, which is lower than people think. Anyone out there thinking that they are safe because "Warren Buffett bough Apple" need to look into the recent cut-losses by Berkshire Hathaway. Warren said many many times in the past things along the lines of "I don't understand electronics firms, so I don't invest in them," "I don't understand Apple so I don't invest," "if I ever invest in airlines - then call the Psychologist because I have lost my mind." Not direct quotes, but anyone who has followed Warren Buffett for a long time will know what I am talking about. So, what happened recently? Berkshire cut losses on Delta Airlines - shares bough expecting the bail-out would somehow replace lost customer demand and bleak fundamentals. To hear that Warren even bought Airline shares just doesn't sound right to me. The same here, they invested in Stocks they didn't understand as well as their traditional 'bread and butter', departed dramatically from a value investing philosophy, and they will have to take their losses - just like everyone else. Apple is over-valued. Anything that is 'consumer discretionary' that may be affected by the steep drop-off in consumer demand will be sold - at least until the future comes into sharper focus. I bought a cheaper smartphone recently after getting annoyed at having to charge my iPhone before the day was over. My new phone has an 11,000Mah battery and I don't even need to charge it every day - every second day is more than enough. I don't need to pay crazy prices for cordless earphones, or $1000 for a computer stand etc etc. Apples has a good product, not necessarily the best in class, but they are compensating for lower sales by raising their prices - that makes them more vulnerable to lower consumer discretionary spending in the event of an economic downturn. I am not sure if I will be a buyer at $185, because we are in the biggest economic shock of a lifetime. But there will likely be a bounce at that level. Now we can watch how this market unfolds. The forces at play are massive US, ECB, BOJ stimulus versus a massive supply chain, and demand shock. Unfortunately, the Fed cannot make people able to afford their credit card bills, their rent, medical costs, cannot re-create a supply chain, or convince anyone that savings aren't essential right now. Long-term, they will have to convince the public that massive and un-serviceable Fed and Public debt isn't something to worry about. That owning public debt that yields below inflation and cannot be paid from income is a good idea. I am very concerned that all the monetised debt this year and next will be met with lower and lower demand as people realise they are not being adequately compensated to hold it, and that at maturity it will be paid in newly printed devalued USD. US Treasuries are a promise to deliver USD in the future, that promise to pay is very unlikely to be funded by additional income, so T-bonds are effectively a promise to print money. Anyone who knows about gold, knows that all the brakes have been taken off the gold price recently. ZIRP (that can never be raised), global uncertainty, negative real yields of 10 year T-bonds, and a struggling equity market, all lend strength (and reduce the opportunity cost to hold it) of gold. Ok, I ended up going a little off-road there. But we are over-all in a "risk off" environment. Safe havens will out-perform vs equities or treasuries (treasuries have stopped being a safe haven). Corporate debt is definitely not a safe haven.
NASDAQ:AAPLShort
by flyinkiwi10
5
DAL - Delta Airlines - Who Will Own The SkiesA lot of Buzz around the airline industry since the bailout this week, so we're taking a look at Delta ($DAL), along with every other person who just downloaded their Robin Hood account this month. Hearing a lot of the "airlines are so cheap, airlines can't fail, people aren't going to stop flying" comments. Correct, people will not stop flying, just depends on who owns the plane. Airlines can most definitely fail. American Airlines is still fresh off Bankruptcy that occurred in this decade!! Airline operating costs and gas do not come cheap. Why do you think you're paying $4 for a bag of potato chips. Fundamentals: 1. Buffet just dumped $314 million worth of Delta shares alone this month 2. Delta just accepted the Stimulus $ in which they can use to stop the bleeding, but they can't lay off any employees (around 90,000 of them) at least until September. They're burning around $60 million per day, so they expect that money to be gone by around June unless they get more $ or people start flying 3. DAL had around 600,000 passengers on a given day in March, they're now around 38,000. Technical: We see price consolidation and price seems to have found support around $20-$22 range. Usually this is a continuation pattern forming, which leads to more downside. If you're going to play this, this is a complete gamble at the moment. Would only buy to go in and out quikc trades. We're not long on airlines until we start seeing people book vacations and businesses stop using Zoom instead of traveling for work. Go tight with the stop loss, as any breaking news can push the stock either way. If we play it, target buy at $21.50-$22.00 with a stop loss at $20.00. Target #1 at $28.78, Target #2 at $34.82. Hit us with a like and a follow for more updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYSE:DAL
by MannyLo
United Airlines Zones Colors Red = Sell Green = Buy Gray = Do nothing Orange = Small short till blue Blue Institutional buying = already happened at least once Pink = Probably Bankruptcy or something at least in 2020 prices that low I would be worried lol IF the earnings report gets crushed it will go back down probably to the blue zone so keep an eye out big time. These gray area lines are extremely powerful if you look back. One interesting thing is I am finding cash flow of Quarterly Operating Expenses of drastic change immediately the next month or two lead to downtrends/or reversals of a decent amount. Need to do some algorithms in Tableau to test out my theory. It makes sense, if the company has less operating cash flow how can they run a profitable business for the next earnings report?
NASDAQ:UAL
by DigitalData
7
Delta in a Bearish Pennant? Thoughts?However, I am overall bullish on Delta. I actually think this stock may drop even further especially looking back to 2012. Let me know your thoughts. It looks bullish on lower time frames.Untested levels from 2012 remain and it appears to be making a bearish pennant on 2D-Weekly. Let me know why you think this is bullish, because apparently everyone does. Don't let the drastic price drop make you think we have hit a bottom. We would need a massive bull candle and if you see the higher levels that hasn't happened or any signal of a reversal.
NYSE:DALShort
by DigitalData
1
$AAL EPS Projection = -$2.47 / Falling WedgeI will be looking for $AAL to follow this falling wedge downwards and likely lag till earnings. Earnings may cause more downside. Wall Street Journal EPS Projection: -$1.83 More realistic EPS: -$2.47 I believe revenue projections are heavily understated as shown by Ford. $UAL has quarterly revenues under 10 billion and predicted a revenue loss in march alone at 1.5 billion . $AAL I am betting will have lost more revenue than 1.5 billion in March. If we take into account $UAL projecting losses of 1.5billion in March when their revenue is under 10 billion a quarter it is safe to say that $AAL would lose 1.5 billion in revenue as well, which is generous because they could have lost more. Projected Revenues/Expenses/Net Income/EPS Operating Expense for Q1: 10.157 billion Operating Expenses for January: 3.386 billion Operating Expenses for February: 3.386 billion Operating Expenses for March: 3.386 billion Operating Revenue for Q1: 10.757 billion Operating Revenue for January: 3.585 billion Operating Revenue for February: 3.585 billion Operating Revenue for March if it were a normal month, based on trends: 3.585 billion Non operating expenses: 158 million Net income in January: 200 million Net income in February: 200 million (generous) Expected losses in revenue for March: 1.5 billion Expected Operating revenue for March: 2.085 billion. Net income in March: -1.3billion 200 mill + 200 mill -1.3billion - 158 million = -1.058 billion before taxes No clue how this loss would be taxed, so let's just leave that alone, but this means their real net income after tax will be worse than -1.058 billion -1.058 billion / 428.2million weighted outstanding shares = -$2.47 EPS or worse. This is important because a normal falling wedge like this would break towards the upside, however if earnings are truly this bad I believe there may be more downside.
NASDAQ:AALShort
by bishopknight
Smarter than Buffett?"Delta plunges after Warren Buffett's Berkshire Hathaway slashes its stake" is the morning's headline following the announcement. As investments I don't know why anyone would want to own airlines. They are too exposed to all kinds of risk... world economic factors, energy, terrorism, and now plagues. But to trade airlines... the contrarian in me combined with a price action alert makes me want to test for an opportunity. Earnings are this week and I do not expect anything they say to help or harm what is already known; that Delta is burning through a whopping $60 million per DAY! So while there is some earnings gap risk I'm going to keep my position small and exploratory. Let's see if this is the double bottom of the Daily.
NYSE:DALLong
by norok
3
Airlines Investment PlanAirlines are currently taking a beating and Throughput is decreasing drastically each day. At the beginning of March throughput via TSA was recorded at 2,280,522. On March 31st, throughput was recorded at 146,348. 68 TSA screening agents have tested positive for COVID-19 and Airlines will continue to suffer while throughput is low. This makes for a great time to buy discounted shares in $UAL and $DEL Plan: Accumulate shares in Delta Airlines as well as United Airlines once a week or every $2 down for the time period that United Airlines and Delta are in their respective buy areas. United Airlines and Delta will recover! The government will also likely bail them out! Ask yourself this. 2 years from now what do you see the Airline Industry looking like? Are you willing to let your investment sit for 2 years? If the bottom ends up being $5, great you likely were able to accumulate at $22.50, $20, $18, $16, $14, $12, $10, $8, $6 and more. If the bottom ends up being $15, great you likely were able to accumulate at $22.50, $20, $18, $16 and more. If the bottom is $23 you don't get a single buy-in, great you risked nothing. Do not purchase shares because you feel that you missed out on your target prices. Stick with your targets. My goal is to get 5-20 buys of Delta/United in the buy area. If your unit size is $1000 each that is $5000-$20000 invested. The goal is to hold these shares to a minimum of $45 each before I start exiting. I do not plan on exiting all at once.
NASDAQ:UALLong
by bishopknight
8
Delta Air line long set upon pullback BUY DAL OPTION Price target $54 Price target 2 57.68 Warren Buffett famously advises investors to "be fearful when others are greedy, and be greedy when others are fearful." The billionaire investor's Berkshire Hathaway conglomerate showcased that approach last week: It boosted its stake in Delta Air Lines during the massive market selloff fueled by coronavirus fears. Berkshire deployed about $45 million to buy nearly 980,000 shares in the airline last Thursday, according to a Securities and Exchange Commission filing. The purchases raised its total holding to about 71.9 million shares, giving it an 11.2% stake in the company.
NYSE:DALLong
by MavRich_Trading
Delta flight, Boeing planeRecalled back to LAX after leaving for China. Dumped fuel on a playground effecting kids and teachers. Other schools also supposedly hit but nobody effected at those locations. Reports are it smells like jet fuel around the playground and there's vid of a plane dumping fuel nearby. One of the flight stats sites is how I found it's a Boeing 777 based on the flight number (89). Watch these tmrw. Possible big shorts. You know at least Delta will probably have to settle, and if ANOTHER Boeing flight was having issues.... They could be paying up too on any law suits that may come about if any do.
NYSE:DALShort
by MichaelMF
3
Delta Airlines +12% - 90 Day StrategyBetween November 2012 and May 2014 Delta Airlines had a colossal run that took it from $9 to a staggering $42 dollars in a little bit under a 2-year period. Ever since, $Delta has continued to perform positively; well within the confines of a new channel that feels a lot like an extended ascending triangle maturing into its upcoming apex. This channel can be identified by the dotted lines in the chart. For 6 years now, $Delta’s behavior has been highly predictable much in thanks to market capitulation, quarterly earnings and a booming economy. At this moment, I can identify a few factors that are making me confident to enter $Delta at its current price level with an initial target of $65.49 (or +11.17% of where it is now). Based on my trend analysis, I believe this price will be reached between the end of March and mid-April 2020. Besides the trend analysis and tracing I’ve included in the chart, I’ve also corroborated my findings or projection with a confirmation breakout in the MACD on the weekly chart, as can be seen below as well as room for growth in the RSI before it reaches overbought territories. Once my initial target has been met, a retracement to either the mid-channel support (yellow-dotted line) or the bottom of triangle can be expected. Re-entering at both of these levels is a good, smart way of averaging out your purchase costs before the next impulse begins. Target: $65.49
NYSE:DALLong
by ZpaceBuddha
1
The Delta of Volume ExplainedThis is the first part of a tutorial series I will develop about trading concepts I use that are not well understood. I am using BTCUSD specifically, but the general ideas apply to every tradable asset. Volume is the amount of force applied to the market in both directions, buy and sell. It is "Ipso Facto" (by the fact itself) that force moves objects, with the object here being price. So, the amount of Buy Volume pushes the price up, Sell Volume pushes it down. But these orders are being executed every second of every day. What happens if 100btc is bought and sold on the same tick? The two forces neutralize each other. Delta is the "Net Force" being applied to the market. The buying minus the selling. Delta doesn't tell us anything about how thick the order book is. Thus it does not tell us anything about the speed of movement of the price (in fact ignore order book thickness for now). However, The question delta answers is: "Who is DOING what?" Who = Market Participants What = Buying or Selling We know institutions are profitable because otherwise, they would be out of business. We also know they move the most volume. Since they are generally profitable and have the largest volume footprint, we can assume they're betting on the correct future direction of the market and their activity will be visible in the volume. So, what if we just watched what they are doing? That's essentially the delta, the net of all the whales' buying and selling. There are many complicated strategies they will deploy that involve both buying and selling in different ways at different times (using futures and spot, meaning futures and spot are both independently important). Watching the delta is to pay attention to its direction and rate of change. By doing this we can see what is happening in the and then when there's a strong current, you jump into it like Dude Crush from Nemo into the EAC, the East Australia Current.... duuuuude. I have found that market orders are, in fact, responsible for price movement. That is to say, I have yet to see a period where the price is dropping and delta is not also dropping. It MAY be positive still, but it drops lower. So, that implies that Delta indicates the current direction and provides information that can predict future direction. (Also, it seems to me that, futures drive direction more than spot at this time) Feel free to ask any questions about this you have. Thanks for reading.
KRAKEN:BTCUSDEducation
by kurtsmock
13