Introducing the New In-Flight Safety Video for Airplane Travel

Another brawl on a plane, this time on Southwest Airlines (LUV), is making headlines today. 

Overall, the airlines have actually performed quite well despite some ugly news flow over the last month or two. Also note how airlines have notably outperformed air couriers, like FDX UPS, with the latter two rather weak today and UPS still a viable short idea.

As for airlines, I would still not touch them on the short side with the possibility of Warren Buffett looking to make a splurge and buy one outright, or at least more shares of some of the majors he already owns. LUV has a solid chart, and can be viewed as a long idea above recent highs. 

More on the market in my usual Midday Video for Members.