Oil down to $83 from well over +$100, biggest benefactors are?
Airline stocks.. Here are 3 that have their Foraward PE's down in the 3's after Oil prices have crashed over 20% from highs. UAL , LCC, DAL
All three are gonna get a profit windfall from the crashing oil prices because the airliners biggest expense is JetFuel.
OIL has entered a bear Market, down over -20% from highs.