Let's take a fresh look at the FDX charts.
We still want to travel. We want a bargain. We don't want to raise our chances of getting Covid-19. We want Airbnb.
I'm not in HD right now, but here's the trade I'm thinking about.
Plus, Disney will report earnings after Tuesday's close amid big challenges and Chicago Fed President Charles Evans' blunt economic assessment.
The initial target here is $16 with a secondary target of $17.50 on this breakout, with a time frame of a month or less.
Here's how to play shares of this company ushering in the subscription economy.
Where can Zoom go? Higher ... and then higher still.
With people shut out of gyms and many now working out at home due to the coronavirus, the trade is to short Planet Fitness and go long Peloton.
Consumers who never before considered buying certain items online are now doing so. Once they get used to the convenience, that habit will become permanent.
While it might be tempting to buy any dip, the coronavirus' quick spread, recent downgrades, softness in services and other factors should give pause.