|Day Low/High||248.29 / 254.78|
|52 Wk Low/High||88.69 / 305.66|
Given the favorable upside reward vs. downside risk that I calculate, I am placing FedEx on my Best Ideas List. It might be an interesting contrarian pick (along with a Kohl's ) for 2020.
Yesterday I took a speculative investment in FedEx based on the possibility that Berkshire Hathaway may take a "liking" to this depressed transportation name that has been beaten up by a combination of poor execution and a competitive move that was ...
I do believe that Amazon is a long term buy, and even if political pressure does build to break the firm up into smaller pieces, that would be in the end a positive for shareholders.
It's one of the biggest messes I have ever seen, and believe me I think I just scratched the surface of things that are going the wrong way.
Misses and/or lowered guidance have become synonymous with FedEx's earnings releases.
This is the fifth consecutive quarter that FDX in some way reduced forward guidance.
The shipping giant suddenly is cast in the role of an oversize start-up as it struggles to adjust to changes in its business.
With FedEx's earnings news, it's no wonder the group has been acting so poorly -- and despite what you might have heard, they do matter.
Aren't We Overbought? Quite frankly, we are, in the short-term.
This week brings key results from Micron, Nike and FedEx, among others.
Turning to corporate earnings to be had next week, much like this week there will be a handful of ones to dissect ahead of the upcoming December quarter earnings bonanza that will kick off in about one month. Here are some of the ones worth watching...
The debacle can only accelerate, the demise hastened, happy new holidays.
Here's a look back at how my recommendations worked out.
The purpose is not to shake you out, although it can feel like that; here's what's really going on.
I think AMZN could provide a good very short-term trade from the long side... this week.
Let's check out the charts before they get too busy delivering packages.
What is really driving this rally is the inability of algorithmic traders to moderate their buying.
Unless you like to buy high and sell low, taking some analysts' word on 3M has made no sense.
The FDX decline can't go on forever, and after its Wednesday lows, it's way too cheap to stay grounded.
Let me give you the items I want to see before I bless buying anything in what has become a plain, out and out, treacherous market.
When you're the most bummed out about how much you've lost, so is everybody else, and that's when they're willing to part with even the best stocks at really low prices.
* Only three of eleven S&P sectors are viewed as attractive * I am in a risk off state of mind. Back in 2015 I instituted a new regular feature called "Sectors," in which I periodically offered my short-term (6-12 months) price outlook for each of t...
This market is ready for another bout of volatility as we head into October, a month notorious for its routs.