I Am Not Buying Hertz or Avis Budget on TSA Frustrations

I Am Not Buying Hertz or Avis Budget on TSA Frustrations

The stock market in this war-driven sell-off has offered no place to hide except for a few pockets of speculative activity, and Hertz Global Holdings (HTZ) and Avis Budget Group (CAR) have suddenly become meme stocks attracting heavy trading interest. Money is flocking into these stocks, driven by a narrative that travel disruptions are creating … Read more

A Surprisingly Consistent Relationship for JETS and Traveler Throughput

The Relationship At its height last March, the U.S. Global Jets ETF (JETS) still could not close all its pandemic-driven losses. JETS was a 5.9% gain from finally returning to where it last traded at its 200-day moving average (DMA) (the blue line in the stock chart below). Similarly, the number of travelers at U.S. … Read more