I was watching Ivan & Howard rip through charts this morning on momentum monday.
Couldn’t believe the IRL business charts.
Holidays, live events, travel, casinos & resorts are back at or above pre pandemic levels.
At the moment it feels to me that travel won’t return to any kind of normal until then end of 2021.
Everyone needs their two part vaccinations.
12 weeks apart.
Its going to take some time.
But the markets are forward looking.
And they have priced in that normality will return in the various IRL industries.
$HLT $EXPE $LYV $BKNG $MGM
It’s going to be harder for the cruise line industry.
$CCL $RCL $NCLH