This Airline ETF is Surging: A Guide to Trading It with Charts
Current Performance of the Airline Sector: The US Global Jets ETF (JETS) is gaining attention as the airline sector shows strong performance, with major airlines like Southwest, Delta, and United reaching new highs, indicating a potential turnaround for investors.
Investment Strategy: The JETS ETF offers a way to invest in the airline sector without the risks associated with individual stocks, making it an attractive option for those looking to diversify their portfolios.
Market Analysis and Projections: A breakout above the $27 resistance level is seen as critical, with potential upside targets of $33 and possibly low $40s in the long term, supported by a favorable long-term chart setup.
Risk Management: Investors are advised to set stop-loss orders near the rising 50-day moving average to manage downside risk, as this level has historically provided support during upward trends.
Trade with 70% Backtested Accuracy
Analyst Views on LUV
About LUV
About the author

- Significant Stock Surge: JetBlue Airways (JBLU) saw its stock price rise by 13.36% to $4.75, driven by market rumors of exploring strategic options such as a potential sale or merger, reflecting investor optimism about its future prospects.
- Surge in Trading Volume: The trading volume reached 106 million shares, approximately 353% above the three-month average of 22.4 million shares, indicating a significant increase in investor interest in JetBlue, which may signal heightened expectations for industry consolidation.
- Consolidation Speculation: JetBlue's engagement of advisors to explore a potential sale has intensified speculation about consolidation within the airline industry, leading investors to closely monitor the company's strategic direction and its potential impact on the broader market.
- Oil Price Volatility Impact: While airline stocks generally rose as oil prices eased, investors should remain cautious of the potential impact of ongoing oil price volatility on airline stocks, necessitating close attention to JetBlue's future performance.
- Oil Price Plunge Impacts Market: The S&P 500 index rose by 0.83% and the Dow Jones Industrial Average by 0.86% as WTI crude oil prices tumbled over 4% following a 15-point peace proposal from the Trump administration aimed at ending the war with Iran.
- Decline in Bond Yields: The 10-year T-note yield fell by 4 basis points to 4.32%, reflecting a decrease in inflation expectations due to the drop in oil prices, which may alleviate economic pressures and influence investor confidence positively.
- Iran Rejects Peace Proposal: Despite the US peace proposal, Iran continues missile and drone attacks on Israel and Gulf states, indicating that tensions in the Middle East may escalate, thereby increasing market uncertainty.
- IEA Warns of Supply Chain Disruptions: The International Energy Agency reported that the war in Iran could lead to long-term disruptions in global supply chains, with over 40 energy sites severely damaged, which is expected to further impact global oil and gas supplies and potentially drive prices higher.
- TSA Staffing Shortages: Over 11% of TSA officers called out due to the partial government shutdown, resulting in long wait times at major airports like Atlanta, Houston, and New York, significantly disrupting travel for thousands of passengers.
- Potential National Guard Involvement: Trump indicated on social media that he is considering deploying the National Guard to address the airport security crisis, highlighting the government's acute awareness of the situation and its commitment to passenger safety.
- ICE Deployment to Airports: Immigration and Customs Enforcement (ICE) agents have been dispatched to several airports to support security operations, although their specific duties remain unclear, this move aims to alleviate the strain caused by TSA staffing shortages.
- Airlines' Response: Delta Airlines has suspended special services for members of Congress due to the DHS shutdown, reflecting the airlines' frustration with the government impasse and its impact on passenger services.
- Market Performance: The S&P 500 rose by 0.62%, the Dow Jones by 0.67%, and the Nasdaq 100 by 0.75%, reflecting initial market optimism towards the US peace proposal, although futures later retreated on subsequent news.
- Oil Price Volatility: Following the US's 15-point peace proposal, WTI crude oil prices plummeted over 4%, which could lower inflation expectations and impact energy stocks; however, Iran's rejection of the ceasefire proposal led to a rebound in oil prices.
- Mortgage Applications Decline: US MBA mortgage applications fell by 10.5% in the week ending March 20, with the purchase sub-index down 5.4% and refinancing down 14.6%, indicating pressure on the housing market from high interest rates.
- International Tensions Impact: The International Energy Agency warned that the war in Iran could lead to prolonged disruptions in global supply chains, particularly as energy facilities in the Middle East have been severely damaged, potentially affecting global oil and gas supplies and increasing market uncertainty.

New Flying Experience: United Airlines is launching a new seating option that allows an entire row to be converted into a couch for families traveling together.
Revenue Boost: This innovative seating arrangement is expected to enhance the airline's revenue potential.
Investor Sentiment: Investors are feeling more optimistic as fuel prices are decreasing, providing immediate financial relief.
Market Impact: The combination of new seating options and falling fuel costs may positively influence United Airlines' market performance.
- U.S.-Iran Negotiations: President Trump announced that the U.S. and Iran are currently in negotiations, having sent a 15-point peace plan to Tehran, which has lifted investor sentiment and pushed U.S. stock futures higher despite ongoing war-related uncertainties.
- Meta Verdict Impact: A New Mexico jury found Meta liable for $375 million in damages for failing to protect children from online predators, a ruling that could pressure Meta's financials, with the company stating it will appeal the decision.
- OpenAI Strategic Shift: OpenAI is shutting down its short-form video app Sora, which achieved one million downloads within five days of launch, reflecting the company's cost-cutting measures as it prepares for a potential IPO, while the CFO revealed plans to raise $10 billion in new funding.
- Government Shutdown Agreement Near: Senate Republicans and the White House are close to a deal to end the partial government shutdown, which could stabilize market sentiment, particularly regarding funding for the Department of Homeland Security, although Democrats have yet to express approval.









