Schwab Network

LUV Flies to 52-Week High Despite Demand Turbulence


Listen Later

Southwest Airlines (LUV) briefly tapped highs it hasn't seen in nearly two and a half years even after noting a drop in demand during the government shutdown. Rick Ducat explains the "confusing" rally that's pushing price action above a key resistance level. He also shows where Southwest stands against airline peers and takes traders through the stock's options activity.


======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about


...more
View all episodesView all episodes
Download on the App Store

Schwab NetworkBy Schwab Network