The charts warn that airline stocks face more worries than just rising oil prices
The Jets airline ETF has broken below some key chart levels, which signals there's now more to the selloff than just rising oil prices.
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Browse ArticlesThe Jets airline ETF has broken below some key chart levels, which signals there's now more to the selloff than just rising oil prices.
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It's been a historic 24 hours for crude oil, which soared to $120 per barrel overnight on Iran worries, but has plunged back to just above $80.
WTI crude oil, which soared nearly 30% to $120 per barrel overnight, has pulled back to $95, easing pressure on risk assets.
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