FedEx Corporation (FDX)

I always am interested in buying on weakness - historically a dominant franchise and I view ultimately it's a great fit with Berkshire Hathaway  - but this news item regarding Amazon Prime  puts a dagger into FedEx, in my view.

Here are some negative signposts regarding this morning's rally:  * Microsoft is only +$1 - giving up $4.5/share from the early morning highs. * and also down on the day. * Alphabet barely ahead. * As I mentioned, (bonds) are not holding the gains. ...

*In today's wild, wild rotation out of technology! "Those nerds are a threat to our way of life." - Stan Gable (Alpha Betas' fraternity star quarterback), Revenge of the Nerds   Revenge of the Nerds was a movie released in 1984 that chronicles a gro...

As I wrote yesterday, though we could get a brief rally at any time, the market appears broken.   Today there are new 52-week lows in popular and widely held stocks like Home Depot , JPMorgan , Citigroup , General Motors , Goldman Sachs , Disney and...

Going back to late last week, the expected quarter-end reallocation trade - out of stocks and into bonds - occurred and equities closed March weak.  Stocks rebounded Friday and a spirited and apparently "FOMO" based rally - concentrated in large-cap...

Here is a thorough review of early movers in the premarket:  Upside: - +40% (earnings, guidance; files to sell $200M common stock) - +28% (momentum) - +22% (confirms agreement to be acquired by Evergreen- and Brookfield-Led Consortium for $28/shr va...

After reviewing last week's FedEx EPS release, I have sold my position at $222.21.

I added to FedEx at $213.59.

I can't help but look at the good price action in a sea of red and think back to my old Surprise (back a few years) that FedEx could be acquired by Berkshire Hathaway .   The price and the franchise are exactly in conformance with what appeals to Wa...

To make it clear I have sold , , , , , and . Note: Yesterday I sold out my tech trading long rentals near the close of trading and on the ramp - that includes ,  and .

Since I have been trading aggressively it's probably hard to follow - see my next post which chronicles the last two days of trading! So, in the interest in transparency, here is a list of positions I have mentioned in my Diary that I am either long...

* And don't forget it! The S&P Index (cash) is +74 handles, almost 120 handles up from the day's lows! I have made the following sales:  * Sold out my entire long ($426.90) and covered half of my SPY puts short. * Sold most of my at $109. * Sold out...

* Slowly for now... and then all at once? Monday's action was the worst since I was a six handicap (in golf): Mar 07, 2022 ' 05:01 PM EST DOUG KASS It Was Brutal and Broad Today's market decline was brutal and broad based. More early tomorrow mornin...

I have taken an initial and small investment position in FedEx ($206.54). More to come.

* TINA ("there is no alternative") is dateless - but her popular cousin CITA ("cash is the alternative") is enjoying the prom  As I have previously written, the market's averages have been lying to investors - as the Indexes are disguising serious d...

I see numerous divergences, etc. which cause me to expand my short exposure:  * VIX is higher. * The Russell Index is not crowing - a big divergence. stinks, too. * Reversal from strength earlier (to losses now) in financials. was $368.53 and now is...

General Motors missed on top line (off by $700 million ) and beat on bottom line (+$0.22/share) and EBITDA.  EV demand was robust - with more than 110k Silverado EVs reserved thus far, including more than 240 fleet operators - like from FedEx and Wa...

Out of FedEx on the second leg of this morning's ramp. I plan to buy back on weakness.