|Day Low/High||162.26 / 165.48|
|52 Wk Low/High||150.68 / 264.99|
The blockchain effort could be a necessary step towards the future of global shipping and driving down costs.
Expect more mud to fly against iconic companies in both countries.
Then again, the time to buy often ends up being the time when nobody wants to.
FedEx's falling out of favor in China over the Huawei delivery issue could open the door to its foes.
Let's step back and look at the bigger picture.
The shipping giant is feeling the effects of intensified U.S.-China trade war hostilities.
We have to stipulate what makes a market really tick these days in a world where we are ruled by tariffs and trade with a Fed sideshow.
Only economists and pundits seem to be worried about a pending crash that might never occur.
Portfolio managers are exercising their First Amendment right to do incredibly stupid things.
* If 3M's EPS miss and this column doesn't give you pause for reflection on how investors blindly follow price, nothing will! * Despite protestations from those that worship at the altar of price, share prices are not necessarily truth * Case in poi...
When you see that money pouring out of the market it is going to be looking for a home. The home will most likely want some economic sensitivity.
It has become almost too onerous to own something that could be in Amazon's crosshairs.
3M, Walgreens and FedEx had tough reports last quarter. But what they really tell us is to watch fundamentals on earnings.
Portfolio managers care more about Chinese expansion than they do Chinese trade talks.
Before I jump on the radio, here's a quick list of upgrades, downgrades and new research coverage coming out of Wall Street this morning... - Hilltop Holdings upgraded to Overweight from Neutral at Piper Jaffray - Trex upgraded to Buy from Hold at S...
Taken together they create a worrisome picture, one that can explain why it wasn't just the banks that fell on the inversion news.
It may be a good time to buy FedEx shares, which appear poised for a turnaround.
All the money in the world cannot change the fact that rising stock prices and falling earnings make the market more expensive.
The Fed needs to buy short-term paper RIGHT NOW, and sell off longer-term paper.
There doesn't seem to be much of a catalyst for FDX at the moment.
Another pressing concern for FedEx is the margin compression in its U.S. business.
Trump may play the waiting game with China. This could weigh on the market.
"She even orders cereal in the same restaurant.. We even have the same initials. I just realized what is going on. ..Now I know what I have been looking for all these years, myself!" - Seinfeld. The Invitations After the close FedEx misses and lower...
You may recall that TME, the Chinese Music streaming business that IPO'd last December, while not a trade related play, certainly would be a Chinese growth play.