Good Morning Valhalla 4.21.22

Welcum,

News:
Good ERs coming from airlines today and things are up in pre market. JPow is gracing us with his presence today but probably will stay away from the topics of inflation, interest rates, and the apocalypse.

Watchlist:
LUV: United and American had good numbers and southwest will almost certainly follow suit but they don’t report till the 28th. They already are having a sympathy move but that move will be larger when the full ER has a chance to play out. Looks like a buy and hold till ER.

ACKMAN: Buy puts

SPY:
Yesterday wasn’t as bullish as hoped for many tech stocks but spy stayed stable. I think we are now seeing and can have a real move to be on track with an uptrend today.

Have another Cramer article to confirm my bias

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