US Global Jets index
Investment Thesis
JETS has declined 4% over the past month despite jet fuel prices falling 30% from April peaks to $165/barrel, creating a significant disconnect between improving fundamentals and negative sentiment. Berkshire Hathaway's $2.6B re-entry into airlines via Delta signals institutional confidence that the worst of the fuel crisis is priced in, while the 6.57% single-day surge indicates capitulation selling may be complete at the $25 support level.
Why It May Work
Why It May Not Work
Timeline
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