Chart of the Day - Tuesday, June 27, 2023

Today's Chart of the Day was shared by Conor White (@ConorWhiteRJ). It's a daily candlestick chart of the Airlines ETF, $JETS, over the past ten months. The heaviest-weighted stocks in this ETF are, $DAL, $LUV, $AAL, $UAL, and $SKYW. Airlines were the best-performing industry group today, with $JETS soaring +4.41%. Hawaiian Airlines ($HA) was the biggest contributor, as the stock flew +19.12%. Conor points out that we can add Airlines to the growing list of industry groups making new 52-week highs. Today was the first 52-week high for $JETS in more than two years, so this is a change of character for Airlines.