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On May 20, 2026 oil broke below its 50-day moving average — the author treats…

2026-06-16 · 14:00 UTC ·@bulldogholmes ·0 min read

Brief

Tony Sagami (The Sagami Letter) says the May 20, 2026 drop of oil below its 50-day moving average was a clear historical buy signal for the US Global JETS ETF and airline stocks. He argues many investors missed it, and now multiple JETS-related names are hitting 52-week highs, listing specific tickers to watch.

Why it matters

On May 20, 2026 oil broke below its 50-day moving average — the author treats that technical event as a historically reliable buy signal for the airline industry (US Global JETS ETF).

Key details

  • Many individual airline-related names tied to JETS are now reaching 52-week highs; highlighted tickers include $JETS (ETF), $DAL, $UAL, $LUV, $JBLU, $AAL, $ALK, $LTM, $SKYW, $CPA and $BA.
  • The author claims most investors ignored the May 20 signal, making it a “profitable signal” that suggested airlines were a better investment opportunity than commonly perceived.
Source evidence

On May 20th oil broke below its 50 day moving average and that was a key signal to buy the JETS industry based on history yet most ignored this profitable signal and now many JET’s are making 52 week highs

The Sagami Letter | Tony Sagami (@anthonysagami)

✈️ 🌍 💺 Airlines are much better investments than you may realize. Take a close look at US Global JETS ETF (ticker JETS)

$DAL $UAL $LUV $JBLU $AAL $ALK $LTM $SKYW $CPA $BA

— https://nitter.net/anthonysagami/status/2065418846413128014#m