The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Looking at news this morning on Bloomberg and other channels, it painted a grim picture for airlines. I was fearing it might open in 190s. Totally surprised to see it trading at 216 when I checked. Maybe lot of people would have put in market orders to buy thinking they would get at a price of 192 :-)
It won’t be 20% rise as it looked this morning. About 5% rise in IAG and RR tomorrow.
RR US listing is up over 3.18% at the moment.
Lloyds and Cine will see a good rise too.
My other two recovery shares NEX and SGC should also do well with the lockdown easing roadmap progressing as per plan.
There was no news on summer travel. “Too early to tell” was in relation to flights starting on May 17. With the underlying Covid situation fast improving in UK, US and likely in Europe before summer, I see no reason that international travel will not happen this summer.
AMC up 16%
“ I'm afraid all the extra expense and nausea of testing and quarantining will put a fair percentage of families off bothering”
I trust the airline/travel industry to make the process as clear and simple as possible. Expect massive campaigns to get people flying again once the approval is given and path set out by the Govt.
https://edition.cnn.com/2021/04/02/health/cdc-travel-guidance-fully-vaccinated-wellness/index.html
I have a target to make 5p through day trading. I made 2 p today by selling at 202 and buying just below 200.
Very stressful as almost whole day went looking at stock price and it looked very risky at times.
Still have 3 p to gain on some othe day :-)
Wondering when will this go over 220? Waiting since almost two months. Goes up one day only to come down next day.
Nice to see this going up and holding there since past two days. Should be 110+ this week imo.