Travel stocks are feeling the oil spike short-term pain incoming?

Oil spiked near $100 over the weekend thanks to Middle East tensions. Airlines and cruise lines hate that. Fuel is their biggest cost.

Some early moves: Alaska Air down ~4%, Carnival down ~3%, Delta/United/American 2.5–3%.

If oil stays high, expect more pressure on travel names. If it drops back, they usually bounce hard.

I’m watching support levels in these charts. Could be a good scalp if oil calms.

Do you trade travel on oil swings or just avoid it?

NFA.