Travel and Leisure stocks Index underperforming
The Dow Jones Travel and Leisure stocks Index (DJUSTT) is drastically underperforming The S&P 500 Index. On relative strength moving averages, the 50 day is 10% below the 200 day. See stock chart below.
Here is a quote from a Yahoo writer in an article today focused on Hyatt Hotels:
Why it matters: The vacation travel market remains optimistic about future growth, despite the resurgent coronavirus pandemic.
Is that a buy recommendation?