E*TRADE Generation Trader: Inside the Airline Price Wars
"Generation Trader" sponsored by E*TRADE explores the most compelling business stories moving the market, while utilizing E*TRADE's innovative trading platform.
In this episode we take a look at a big earnings week for the nation's largest airlines. E*TRADE Senior Equity Option Strategist Mary Ryan showcases how to use the company's mobile app to track these market movers.
Both Southwest and American Airlines reported quarterly earnings Thursday. Shares across the industry sank Wednesday after United Continental announced plans to increase capacity. This sparked concerns over possible price wars.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
The largest South American airline altered its travel policy because Taylor Swift was supposed to perform in Argentina's capital on Friday but moved the date to Sunday because of inclement weather.