Strong Quarter From Carnival Lifts Cruise Operators

By | December 18, 2015

Scalper1 News

Strong earnings from Carnival (CCL) lifted cruise-line operators Friday, but will the report be enough to fuel a new round of institutional buying in the group? IBD’s Leisure-Services group could use a shot in the arm. It’s been in a downtrend since late May. It’s tried to rally above its 10-week moving average several times but has been turned away each time. Carnival reclaimed its 50-day moving average Friday as it worked on a flat base. Scalper1 News

Scalper1 News