The Traderszone Network

Published in TZ Latest News 18 September, 2015 by The TZ Newswire Staff

Expedia Taking Road Less Traveled

U.S. equities have been very weak since mid-August with many sectors, industry groups and individual stocks broken down technically.  In recent days and weeks, many high profile stocks have struggled to clear falling 20 day EMAs.  So it’s always nice to see industry groups or stocks bucking that trend and actually performing well.  Travel and tourism ($DJUSTT) is one such industry group and Expedia (EXPE) is one such stock.  In late July, EXPE extended its multi-year rally with solid quarterly revenues that matched Wall Street estimates and quarterly EPS that beat Street estimates.

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