Sep. 15 at 9:04 PM
$RCL $CCL $NCLH this is a coordinated short attack. Look at past history, the similar coordinated raid took place in 2018, 2022, 2023, April 2025 and May 2026. Each time, short algos use certain headlines “oil shock”, “recession”, “demand-weakness” to dump the entire class of travel stocks. That’s why you see RCL, VIK and NCLH had identical charts despite drastically different fundamentals. Many hedge funds also have a “long oil, short consumer stocks” strategy. This exacerbates the short term volatility.
But the history tells us that fundamentals will always prevail. So far, not a single institution suggests high oil prices will materially deteriorate any of the companies, even NCLH. There are some skeptics about Carribean oversupply, but it is a known problem.
Usually after 6-8 weeks of relentless selling, momentum will diminish, and fundamentals will eventually take control. This happened each time when a whole class of travel stocks faced universal selling pressure.
