Airline Stocks, ETF Could Fly Into the New Year
This article was originally published on ETFTrends.com.
Airline stocks and sector-related ETF may continue to fly as strong fundamentals support the industry. The U.S. Global Jets ETF (NYSEArca: JETS), the only available pure-play fund that focuses on the global aviation industry, rose 1.6% on Tuesday and was testing both its long- and short-term resistance at the 200- and 50-day simple moving average. Airline [...]