taking a flyer on $American Airlines(AAL.US)
back to $75 on crude will likely get us back to $16 on AAL and if we can get under $70 then the $18s are in playrealistically, most of the airlines/cruiselines should benefit when oil goes downsimple logic for oil going down? well, it’s down 3% today on the hint of cooperation from the Iranians with the Pakistani intermediaries if we actually get some meaningful updates on a deal (bond market is screaming to make some progress here) then most oil sensitive names should reactall depends on when this war comes to an end or seems like it is ready to come to an endSource: amit
