Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
BOOM SHAKA LAKA
FDX is another one that could be good for a further per cent or two, today
$252.33 +4.30 (+1.73%)
Some stupid investors dumping after some great results in this economy.
~it was & I only risked $170 bucks.
FDX $252.60 -29.32 (-10.40%)
OUCH!!!!! WHAT A HORRIBLE TRADE.... OUTRIGHT GAMBLING!!!!!!!
$300/pps end of October
$400/pps end of year
Pilots still negotiating new contract. Company is trying to negotiate concessions in a world where pilots have the upper hand. They already approved a strike…
Votes are in. No strike.
The strike was to occur today August 1st. Every UPS route dispatched as usual. Regardless of the votes, the day to strike has passed.
You gonna let them vote first?
August 3-22 <----- when the voting occurs.
Nah, it passed
They plan to vote no due to the air conditioning issue and pay.
Yellow was pushed into BK and closed shop!
Yeah it’s a done deal.
Did they vote on it yet?
UPS just scored massive wage increase. FedEx will follow suit and pps surpass the $300 mark
Powell's raising interest rates due to inflation and these Union scum want 40% raises.
https://www.localmemphis.com/article/money/business/fedex-pilots-reject-tentative-agreement-strike/522-cbb1fa57-b178-4691-abd6-be5247aeff8f
They need to remember it doesn't matter what the agreement is if the customer can't bear the cost increases!
The road to $300.
You're not getting to $300 with insider dumping and entire west coast ports on strike!
What? The road to $300 pps?
WOOHOOOOOOOOOOOOOOOO
WEEEEEEEEEEE FDX$ WOOHOOOOOO
I'll say! $156.80 now on spike up with early earnings announcement. Have never seen a company due to report after the close release 90 minutes early. Something must have leaked or been posted early in error, so they came with everything
How you feeling now
Performance has gone downhill in many sectors. We’ve become a country of under-performers. The sad thing is it’s become expected and tolerated.
Agree I took a position @160
FedEX $FDX --- Contrarian - THIS WILL BOUNCE UP UP UP STRONG MONDAY - MARK IT
CNBC’s Jim Cramer on Friday said that FedEx’s warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected.
https://www.cnbc.com/2022/09/16/cramers-week-ahead-how-powell-the-fed-may-react-to-fedexs-warning.html $FDX
Well, the market this morning is awful. FedEx pulled the plug.
However, as poor as FedEx reported, I do not think it's quite as bad a reflection on the economy as seems. You see, FedEx sidesteps talking about the massive loss of business with Amazon it has experienced in recent times. While FedEx and UPS still transport a fair amount for Amazon, they have lost much more to Amazon's "last mile delivery" program.
Amazon is now fully pregnant into its own delivery. Just try to buy a cargo van today from any manufacturer. Forgettaboutit! List price plus a substantial premium. And months of waiting. Why? Because Amazon has sucked up every available cargo van in the country.
So there is more commerce going on than the FedEx report suggests. It is being handled by the 800 pound gorilla.
MG
Looking to sell some puts that expire in October. Nice premiums. I would not mind owning this stock at $140.