Buckingham Research group analyst Daniel McKenzie is as bullish as ever on U.S. airline stocks following the company’s recent airline conference. In a new report, McKenzie discussed seven key points from the conference.

• 1. December demand has been lackluster for no clear reason, but McKenzie suggested that the Paris and San Bernardino terrorist events and the calendar shift (fewer peak travel days this December) could be playing a role in weak demand.
• 2. American Airlines management expects current initiatives will have a “transformative effect on 2H16 revenue,” which McKenzie interpreted as an indication of positive PRASM starting in Q3 of 2016.
• 3. The investments that United Continental Holdings Inc UAL 1.9% has made in its business should drive margin improvement in 2016, and Buckingham expects non-fuel CASM to trend up 3.0-4.0 percent on labor deals.
• 4. Southwest Airlines Co LUV 1.22%’s primary goal is to boost PRASM in 2016, and Buckingham believes…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!